2,552 Shares in Capital One Financial Corporation $COF Acquired by Berman McAleer LLC

Berman McAleer LLC acquired a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,552 shares of the financial services provider’s stock, valued at approximately $543,000.

Several other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Capital One Financial by 74.8% in the second quarter. Vanguard Group Inc. now owns 56,380,913 shares of the financial services provider’s stock worth $11,995,603,000 after purchasing an additional 24,129,990 shares in the last quarter. State Street Corp lifted its position in shares of Capital One Financial by 63.4% in the second quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock worth $5,910,500,000 after buying an additional 10,776,843 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Capital One Financial by 64.1% in the second quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock worth $2,970,628,000 after buying an additional 5,474,328 shares during the last quarter. Norges Bank bought a new stake in shares of Capital One Financial during the 2nd quarter worth about $1,701,511,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of Capital One Financial by 41.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,011,073 shares of the financial services provider’s stock valued at $1,491,676,000 after acquiring an additional 2,050,010 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Insider Activity

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $250.00, for a total transaction of $500,000.00. Following the sale, the general counsel directly owned 92,486 shares in the company, valued at approximately $23,121,500. The trade was a 2.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lia Dean sold 3,163 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $244.35, for a total transaction of $772,879.05. Following the completion of the sale, the insider directly owned 66,692 shares in the company, valued at approximately $16,296,190.20. The trade was a 4.53% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 195,409 shares of company stock valued at $43,756,821. 1.26% of the stock is owned by insiders.

Capital One Financial Stock Down 0.2%

NYSE COF opened at $218.97 on Friday. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $259.64. The stock has a market cap of $139.21 billion, a PE ratio of 73.98, a PEG ratio of 0.65 and a beta of 1.13. The firm has a 50-day simple moving average of $234.82 and a 200 day simple moving average of $223.30. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The firm had revenue of $15.62 billion during the quarter, compared to analyst estimates of $15.49 billion. During the same period last year, the company earned $2.67 EPS. The company’s revenue was up 53.3% on a year-over-year basis. On average, research analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.5%. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Monday, November 17th. Capital One Financial’s dividend payout ratio (DPR) is 108.11%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on COF shares. Deutsche Bank Aktiengesellschaft reduced their target price on Capital One Financial from $263.00 to $256.00 and set a “hold” rating for the company in a report on Friday, January 23rd. UBS Group dropped their price target on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. Keefe, Bruyette & Woods upped their price objective on shares of Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, January 2nd. Citigroup raised their target price on shares of Capital One Financial from $290.00 to $310.00 and gave the company a “buy” rating in a research note on Wednesday, December 31st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $274.70.

Capital One Financial Company 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.