Fox Run Management L.L.C. Purchases 4,609 Shares of Capital One Financial Corporation $COF

Fox Run Management L.L.C. increased its position in shares of Capital One Financial Corporation (NYSE:COF) by 96.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,386 shares of the financial services provider’s stock after buying an additional 4,609 shares during the period. Fox Run Management L.L.C.’s holdings in Capital One Financial were worth $1,995,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Capital One Financial by 74.8% in the 2nd quarter. Vanguard Group Inc. now owns 56,380,913 shares of the financial services provider’s stock valued at $11,995,603,000 after purchasing an additional 24,129,990 shares during the period. State Street Corp raised its stake in 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 valued at $5,910,500,000 after buying an additional 10,776,843 shares during the period. Norges Bank acquired a new stake in shares of Capital One Financial in the second quarter valued at approximately $1,701,511,000. Geode Capital Management LLC boosted its stake in shares of Capital One Financial by 64.1% during the 2nd quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock worth $2,970,628,000 after acquiring an additional 5,474,328 shares during the period. Finally, Boston Partners acquired a new position in shares of Capital One Financial during the 2nd quarter worth approximately $534,777,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. The Goldman Sachs Group reaffirmed a “buy” rating and set a $300.00 price target on shares of Capital One Financial in a report on Tuesday, January 6th. Evercore reduced their target price on shares of Capital One Financial from $290.00 to $265.00 and set an “outperform” rating for the company in a report on Tuesday, January 27th. TD Cowen reiterated a “buy” rating on shares of Capital One Financial in a research note on Thursday, January 8th. Wolfe Research cut their price objective on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating for the company in a research report on Friday, January 23rd. Finally, JPMorgan Chase & Co. increased their target price on Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $274.70.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $196.60 on Wednesday. The company’s 50 day moving average price is $229.69 and its two-hundred day moving average price is $223.26. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $259.64. The firm has a market cap of $122.27 billion, a PE ratio of 66.42, a PEG ratio of 0.56 and a beta of 1.14. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. Capital One Financial’s revenue was up 53.3% on a year-over-year basis. During the same quarter last year, the company earned $2.67 earnings per share. Equities research analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th will be given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Thursday, February 19th. Capital One Financial’s dividend payout ratio is presently 108.11%.

Insider Buying and Selling

In other Capital One Financial news, insider Celia Karam sold 2,108 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $218.25, for a total transaction of $460,071.00. Following the sale, the insider directly owned 59,269 shares in the company, valued at $12,935,459.25. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Lia Dean sold 3,284 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total transaction of $734,565.12. Following the completion of the transaction, the insider directly owned 70,162 shares in the company, valued at approximately $15,693,836.16. This represents a 4.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 34,274 shares of company stock valued at $8,131,054. Company insiders own 1.26% of the company’s stock.

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.