Bleakley Financial Group LLC Has $4.34 Million Holdings in Capital One Financial Corporation $COF

Bleakley Financial Group LLC lifted its position in Capital One Financial Corporation (NYSE:COF) by 12.3% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,784 shares of the financial services provider’s stock after acquiring an additional 2,597 shares during the quarter. Bleakley Financial Group LLC’s holdings in Capital One Financial were worth $4,339,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted 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 purchasing an additional 10,428 shares during the last quarter. Intech Investment Management LLC grew its holdings in 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 purchasing an additional 2,753 shares during the last quarter. Sivia Capital Partners LLC grew its stake in Capital One Financial by 118.3% in the 2nd 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 acquired a new stake in shares of Capital One Financial in the second quarter valued at about $218,000. Finally, Jump Financial LLC bought a new position in Capital One Financial in the 2nd quarter worth approximately $1,086,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

NYSE:COF opened at $209.02 on Thursday. The firm has a market capitalization of $130.07 billion, a PE ratio of 73.34, a price-to-earnings-growth ratio of 0.74 and a beta of 1.02. 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 Corporation has a 12-month low of $174.24 and a 12-month high of $259.64. The firm has a 50-day moving average price of $192.71 and a 200 day moving average price of $202.21.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The company had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The company’s quarterly revenue was up 52.3% on a year-over-year basis. During the same period in the previous year, the company posted $4.06 earnings per share. Research analysts anticipate that Capital One Financial Corporation will post 19.54 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 1.5%. Capital One Financial’s payout ratio is presently 112.28%.

Insider Buying and Selling at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total transaction of $728,000.00. Following the completion of the sale, the general counsel owned 90,194 shares in the company, valued at $18,760,352. The trade was a 3.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the sale, the insider directly owned 61,579 shares of the company’s stock, valued at approximately $11,858,883.82. This trade represents a 2.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 8,749 shares of company stock worth $1,708,577 in the last ninety days. 0.78% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on COF shares. Bank of America decreased their price target on shares of Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. The Goldman Sachs Group decreased their target price on Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. JPMorgan Chase & Co. boosted their price target on Capital One Financial from $215.00 to $245.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Capital One Financial in a report on Wednesday, June 24th. Twenty analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and an average price target of $259.91.

About Capital One Financial

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.