Capital One Financial Co. (NYSE:COF) Shares Acquired by Merit Financial Group LLC

Merit Financial Group LLC boosted its position in shares of Capital One Financial Co. (NYSE:COF) by 3.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,808 shares of the financial services provider’s stock after acquiring an additional 85 shares during the period. Merit Financial Group LLC’s holdings in Capital One Financial were worth $368,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in COF. Householder Group Estate & Retirement Specialist LLC boosted its stake in Capital One Financial by 1,658.3% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 199 shares during the last quarter. Bartlett & Co. LLC boosted its stake in Capital One Financial by 726.7% during the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 218 shares during the last quarter. Sound Income Strategies LLC boosted its stake in Capital One Financial by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 139 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in Capital One Financial by 66.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 393 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 157 shares during the last quarter. Finally, MV Capital Management Inc. boosted its stake in Capital One Financial by 43.9% during the 4th quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 105 shares during the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on COF shares. Citigroup increased their price objective on shares of Capital One Financial from $152.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $159.00 price objective on shares of Capital One Financial in a research note on Wednesday, March 27th. UBS Group raised their price target on shares of Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday, February 29th. Royal Bank of Canada raised their price objective on shares of Capital One Financial from $142.00 to $150.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 21st. Finally, Wolfe Research raised shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price objective on the stock in a research report on Thursday, April 4th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $138.50.

Capital One Financial Stock Up 0.2 %

COF opened at $142.87 on Thursday. Capital One Financial Co. has a fifty-two week low of $85.22 and a fifty-two week high of $149.94. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 1.00. The firm’s fifty day moving average price is $141.46 and its two-hundred day moving average price is $128.71. The company has a market capitalization of $54.32 billion, a P/E ratio of 11.19, a P/E/G ratio of 1.03 and a beta of 1.46.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The business had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. During the same quarter in the prior year, the firm earned $2.31 EPS. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. On average, analysts anticipate that Capital One Financial Co. will post 13.7 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Monday, May 13th will be paid a $0.60 dividend. The ex-dividend date is Friday, May 10th. This represents a $2.40 annualized dividend and a dividend yield of 1.68%. Capital One Financial’s dividend payout ratio is presently 18.79%.

Insider Activity

In other news, insider Timothy P. Golden sold 8,656 shares of the business’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total value of $1,246,810.24. Following the sale, the insider now owns 10,246 shares in the company, valued at approximately $1,475,833.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.30% of the stock is owned by corporate insiders.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.