Stonehage Fleming Financial Services Holdings Ltd Acquires Shares of 3,210 Capital One Financial Corporation $COF

Stonehage Fleming Financial Services Holdings Ltd bought a new stake in Capital One Financial Corporation (NYSE:COF) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,210 shares of the financial services provider’s stock, valued at approximately $644,000.

Several other hedge funds have also modified their holdings of the business. First Command Advisory Services Inc. grew its holdings in Capital One Financial by 4.5% during the fourth quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock worth $259,000 after acquiring an additional 46 shares during the period. Dogwood Wealth Management LLC lifted its holdings in Capital One Financial by 26.0% in the fourth quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock valued at $55,000 after acquiring an additional 47 shares during the period. High Note Wealth LLC boosted its position in shares of Capital One Financial by 44.9% during the 4th quarter. High Note Wealth LLC now owns 155 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 48 shares in the last quarter. Fiducient Advisors LLC boosted its position in shares of Capital One Financial by 4.2% during the 4th quarter. Fiducient Advisors LLC now owns 1,196 shares of the financial services provider’s stock worth $290,000 after purchasing an additional 48 shares in the last quarter. Finally, Nicholas Hoffman & Company LLC. grew its stake in shares of Capital One Financial by 5.0% during the 4th quarter. Nicholas Hoffman & Company LLC. now owns 1,057 shares of the financial services provider’s stock worth $256,000 after purchasing an additional 50 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Price Performance

Shares of NYSE COF opened at $216.91 on Friday. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64. The business has a 50 day moving average price of $210.04 and a two-hundred day moving average price of $197.87. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. The firm has a market cap of $133.07 billion, a PE ratio of 13.42, a price-to-earnings-growth ratio of 0.80 and a beta of 1.02.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating the consensus estimate of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The company had revenue of $15.83 billion during the quarter, compared to analysts’ expectations of $15.76 billion. During the same period in the prior year, the business posted $5.48 EPS. The business’s revenue was up 26.9% on a year-over-year basis. Sell-side analysts expect that Capital One Financial Corporation will post 20.29 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be given a $0.80 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s payout ratio is presently 19.80%.

Insiders Place Their Bets

In other news, CAO Timothy P. Golden sold 3,487 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $211.00, for a total value of $735,757.00. Following the sale, the chief accounting officer owned 7,429 shares in the company, valued at approximately $1,567,519. This represents a 31.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael Zamsky sold 5,473 shares of the stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $218.02, for a total transaction of $1,193,223.46. Following the transaction, the insider directly owned 27,992 shares in the company, valued at $6,102,815.84. The trade was a 16.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 26,267 shares of company stock worth $5,617,648. Company insiders own 0.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. HSBC raised shares of Capital One Financial from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $226.00 to $229.00 in a report on Sunday, July 12th. Bank of America reduced their price target on shares of Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Citigroup decreased their price target on Capital One Financial from $310.00 to $295.00 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. Wolfe Research upped their price target on Capital One Financial from $255.00 to $275.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Barclays dropped their price objective on Capital One Financial from $242.00 to $240.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Twenty-one analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.91.

Capital One Financial Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.