D.A. Davidson & CO. Purchases 2,992 Shares of Capital One Financial Corporation $COF

D.A. Davidson & CO. raised its position in shares of Capital One Financial Corporation (NYSE:COF) by 4.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 71,497 shares of the financial services provider’s stock after acquiring an additional 2,992 shares during the period. D.A. Davidson & CO.’s holdings in Capital One Financial were worth $17,328,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of COF. Brighton Jones LLC increased its position in Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after acquiring an additional 10,428 shares during the last quarter. Intech Investment Management LLC grew its stake in shares of Capital One Financial by 44.3% during the first quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock valued at $1,608,000 after buying an additional 2,753 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of Capital One Financial by 118.3% during the second quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock valued at $702,000 after buying an additional 1,788 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of Capital One Financial during the second quarter valued at approximately $218,000. Finally, Jump Financial LLC bought a new position in shares of Capital One Financial during the second quarter valued at approximately $1,086,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 1.5%

Shares of NYSE:COF opened at $194.22 on Tuesday. Capital One Financial Corporation has a 52-week low of $174.72 and a 52-week high of $259.64. The stock has a market cap of $120.79 billion, a P/E ratio of 68.15, a price-to-earnings-growth ratio of 0.70 and a beta of 1.14. The business’s 50 day moving average is $191.39 and its 200 day moving average is $213.79. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. During the same period last year, the company earned $4.06 EPS. The firm’s revenue for the quarter was up 52.3% compared to the same quarter last year. Sell-side analysts predict that Capital One Financial Corporation will post 19.17 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 19th were paid a $0.80 dividend. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $3.20 annualized dividend and a yield of 1.6%. Capital One Financial’s dividend payout ratio is 112.28%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Neal Blinde sold 38,135 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the transaction, the insider directly owned 33,551 shares in the company, valued at $6,391,801.01. This represents a 53.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Celia Karam sold 2,108 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $218.25, for a total transaction of $460,071.00. Following the transaction, the insider owned 59,269 shares in the company, valued at approximately $12,935,459.25. The trade was a 3.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 50,047 shares of company stock worth $9,742,217 in the last ninety days. 0.78% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Citigroup upped their target price on Capital One Financial from $290.00 to $310.00 and gave the company a “buy” rating in a research note on Wednesday, December 31st. Keefe, Bruyette & Woods upped their target price on Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Capital One Financial in a research note on Friday, March 27th. HSBC cut their price target on shares of Capital One Financial from $234.00 to $226.00 and set a “hold” rating on the stock in a report on Tuesday, January 20th. Finally, JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $258.86.

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.