Capital One Financial Corporation $COF Shares Purchased by Buffalo Business & Estate Services Ltd.

Buffalo Business & Estate Services Ltd. raised its stake in Capital One Financial Corporation (NYSE:COF) by 19.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 26,866 shares of the financial services provider’s stock after buying an additional 4,418 shares during the quarter. Capital One Financial makes up about 0.7% of Buffalo Business & Estate Services Ltd.’s investment portfolio, making the stock its 27th largest holding. Buffalo Business & Estate Services Ltd.’s holdings in Capital One Financial were worth $4,901,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Signal Advisors Wealth LLC increased its holdings in shares of Capital One Financial by 7.1% in the 1st quarter. Signal Advisors Wealth LLC now owns 1,421 shares of the financial services provider’s stock worth $259,000 after acquiring an additional 94 shares during the period. Athena Wealth Management LLC lifted its position in Capital One Financial by 56.4% in the 1st quarter. Athena Wealth Management LLC now owns 5,456 shares of the financial services provider’s stock valued at $995,000 after purchasing an additional 1,968 shares during the last quarter. Baker Ellis Asset Management LLC boosted its stake in Capital One Financial by 0.4% during the 1st quarter. Baker Ellis Asset Management LLC now owns 30,247 shares of the financial services provider’s stock valued at $5,518,000 after purchasing an additional 124 shares during the period. Bell Investment Advisors Inc boosted its stake in Capital One Financial by 17.8% during the 1st quarter. Bell Investment Advisors Inc now owns 344 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 52 shares during the period. Finally, Anchyra Partners LLC grew its position in Capital One Financial by 4.8% in the 1st quarter. Anchyra Partners LLC now owns 4,096 shares of the financial services provider’s stock worth $747,000 after purchasing an additional 188 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In related news, insider Celia Karam sold 1,749 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the completion of the transaction, the insider owned 61,579 shares of the company’s stock, valued at $11,858,883.82. This trade represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total value of $643,755.00. Following the transaction, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. The trade was a 3.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 8,040 shares of company stock valued at $1,498,615. Corporate insiders own 0.78% of the company’s stock.

Capital One Financial Trading Down 0.4%

Capital One Financial stock opened at $200.72 on Tuesday. The firm has a 50 day simple moving average of $190.81 and a 200-day simple moving average of $206.56. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market capitalization of $124.91 billion, a PE ratio of 70.43, a price-to-earnings-growth ratio of 0.73 and a beta of 1.03. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The company had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. Capital One Financial’s revenue was up 52.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.06 EPS. As a group, equities research analysts expect that Capital One Financial Corporation will post 19.51 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were given a dividend of $0.80 per share. The ex-dividend date was Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. Capital One Financial’s dividend payout ratio (DPR) is 112.28%.

Analyst Upgrades and Downgrades

COF has been the topic of several analyst reports. Evercore dropped their price target on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a research note on Monday, April 6th. Truist Financial reduced their price objective on Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. BTIG Research reissued a “buy” rating and issued a $224.00 price objective on shares of Capital One Financial in a report on Wednesday, April 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a research report on Friday, March 27th. Finally, Barclays lifted their target price on Capital One Financial from $226.00 to $250.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Seventeen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average target price of $258.75.

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.