Brown Advisory Inc. Acquires 12,438 Shares of Capital One Financial Corporation $COF

Brown Advisory Inc. lifted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 22.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 67,483 shares of the financial services provider’s stock after acquiring an additional 12,438 shares during the period. Brown Advisory Inc.’s holdings in Capital One Financial were worth $14,358,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. WPG Advisers LLC acquired a new position in Capital One Financial in the first quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC boosted its holdings in Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 62 shares in the last quarter. Olistico Wealth LLC grew its stake in shares of Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 101 shares during the period. Saudi Central Bank acquired a new position in shares of Capital One Financial in the 1st quarter worth approximately $27,000. Finally, RMG Wealth Management LLC acquired a new position in shares of Capital One Financial in the 2nd quarter worth approximately $27,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Up 0.7%

Shares of NYSE COF opened at $231.37 on Monday. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $233.01. The firm’s 50-day simple moving average is $215.82 and its 200 day simple moving average is $213.60. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The company has a market cap of $147.09 billion, a price-to-earnings ratio of 97.62, a price-to-earnings-growth ratio of 0.55 and a beta of 1.16.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The firm had revenue of $15.46 billion during the quarter. On average, research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were given a $0.80 dividend. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, November 17th. This represents a $3.20 annualized dividend and a yield of 1.4%. Capital One Financial’s dividend payout ratio is presently 135.02%.

Insider Activity

In other Capital One Financial news, insider Frank G. LapradeIii sold 17,840 shares of the stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $222.03, for a total value of $3,961,015.20. Following the transaction, the insider directly owned 48,315 shares in the company, valued at approximately $10,727,379.45. This trade represents a 26.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Lia Dean sold 3,269 shares of Capital One Financial stock in a transaction on Monday, December 1st. The shares were sold at an average price of $218.15, for a total value of $713,132.35. Following the completion of the sale, the insider directly owned 69,855 shares of the company’s stock, valued at $15,238,868.25. This trade 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 have sold 280,218 shares of company stock worth $62,395,804. 1.26% of the stock is owned by company insiders.

Analyst Ratings Changes

COF has been the subject of several analyst reports. Morgan Stanley raised their target price on Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Evercore ISI lifted their price objective on Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. TD Cowen boosted their target price on shares of Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research note on Monday, October 6th. BTIG Research reiterated a “buy” rating and set a $264.00 target price on shares of Capital One Financial in a research report on Wednesday, October 22nd. Finally, Wolfe Research lifted their price target on shares of Capital One Financial from $260.00 to $262.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus price target of $261.63.

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.