Aptus Capital Advisors LLC Increases Position in Capital One Financial Co. (NYSE:COF)

Aptus Capital Advisors LLC lifted its holdings in Capital One Financial Co. (NYSE:COF) by 12.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,768 shares of the financial services provider’s stock after buying an additional 510 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Capital One Financial were worth $660,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of COF. Van ECK Associates Corp lifted its holdings in shares of Capital One Financial by 10.0% in the 4th quarter. Van ECK Associates Corp now owns 32,137 shares of the financial services provider’s stock worth $4,214,000 after buying an additional 2,925 shares during the period. Commonwealth Equity Services LLC boosted its position in Capital One Financial by 3.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 159,691 shares of the financial services provider’s stock valued at $20,939,000 after purchasing an additional 4,686 shares in the last quarter. Natixis Advisors L.P. grew its stake in Capital One Financial by 0.6% in the fourth quarter. Natixis Advisors L.P. now owns 137,394 shares of the financial services provider’s stock valued at $18,014,000 after purchasing an additional 811 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its holdings in Capital One Financial by 45.5% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 4,539 shares of the financial services provider’s stock worth $596,000 after purchasing an additional 1,419 shares in the last quarter. Finally, Merit Financial Group LLC lifted its position in shares of Capital One Financial by 3.1% during the fourth quarter. Merit Financial Group LLC now owns 2,808 shares of the financial services provider’s stock valued at $368,000 after buying an additional 85 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. BTIG Research started coverage on shares of Capital One Financial in a report on Friday, June 7th. They issued a “neutral” rating on the stock. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and raised their price target for the stock from $145.00 to $165.00 in a report on Thursday, June 6th. JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a report on Monday, July 8th. Evercore ISI dropped their target price on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research report on Tuesday, June 25th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $150.00 price objective on shares of Capital One Financial in a research note on Thursday, July 25th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Capital One Financial presently has a consensus rating of “Hold” and a consensus price target of $145.89.

Insiders Place Their Bets

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the sale, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the transaction, the insider now directly owns 73,734 shares in the company, valued at $11,060,100. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the sale, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by corporate insiders.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $146.93 on Tuesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Co. has a 1 year low of $88.23 and a 1 year high of $153.35. The firm has a market capitalization of $56.11 billion, a PE ratio of 11.51, a P/E/G ratio of 1.16 and a beta of 1.45. The business’s 50 day moving average price is $141.02 and its 200-day moving average price is $140.29.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The business had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.57 billion. During the same quarter last year, the company earned $3.52 earnings per share. Capital One Financial’s quarterly revenue was up 5.5% on a year-over-year basis. As a group, equities research analysts expect that Capital One Financial Co. will post 13.1 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were issued a $0.60 dividend. The ex-dividend date was Monday, August 12th. This represents a $2.40 annualized dividend and a dividend yield of 1.63%. Capital One Financial’s dividend payout ratio is presently 18.79%.

Capital One Financial Profile

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.