Van ECK Associates Corp Purchases 6,436 Shares of Capital One Financial Co. (NYSE:COF)

Van ECK Associates Corp lifted its position in shares of Capital One Financial Co. (NYSE:COF) by 20.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,573 shares of the financial services provider’s stock after acquiring an additional 6,436 shares during the quarter. Van ECK Associates Corp’s holdings in Capital One Financial were worth $5,743,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in COF. Financial Security Advisor Inc. increased its holdings in Capital One Financial by 2.4% in the first quarter. Financial Security Advisor Inc. now owns 3,255 shares of the financial services provider’s stock valued at $485,000 after purchasing an additional 75 shares during the last quarter. Valley National Advisers Inc. increased its holdings in Capital One Financial by 0.5% in the first quarter. Valley National Advisers Inc. now owns 16,366 shares of the financial services provider’s stock valued at $2,435,000 after purchasing an additional 75 shares during the last quarter. Smith Chas P & Associates PA Cpas increased its holdings in Capital One Financial by 2.8% in the first quarter. Smith Chas P & Associates PA Cpas now owns 2,829 shares of the financial services provider’s stock valued at $421,000 after purchasing an additional 76 shares during the last quarter. FFT Wealth Management LLC grew its stake in Capital One Financial by 3.6% in the fourth quarter. FFT Wealth Management LLC now owns 2,325 shares of the financial services provider’s stock valued at $305,000 after acquiring an additional 80 shares during the period. Finally, Tortoise Investment Management LLC grew its stake in Capital One Financial by 41.9% in the fourth quarter. Tortoise Investment Management LLC now owns 271 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 80 shares during the period. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 16,913 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the sale, the insider now owns 47,081 shares in the company, valued at $6,726,933.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, insider Celia Karam sold 16,913 shares of the stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the transaction, the insider now owns 47,081 shares in the company, valued at $6,726,933.28. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Timothy P. Golden sold 8,656 shares of the stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the transaction, the insider now owns 10,246 shares in the company, valued at approximately $1,475,833.84. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Stock Down 1.4 %

NYSE COF traded down $1.98 during trading hours on Friday, hitting $136.44. 1,095,301 shares of the company traded hands, compared to its average volume of 2,508,520. The business’s 50-day moving average is $139.15 and its 200-day moving average is $137.35. Capital One Financial Co. has a twelve month low of $88.23 and a twelve month high of $149.94. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. The stock has a market capitalization of $51.87 billion, a price-to-earnings ratio of 10.69, a P/E/G ratio of 1.09 and a beta of 1.45.

Capital One Financial (NYSE:COFGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing the consensus estimate of $3.25 by ($0.04). The company had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period last year, the company posted $2.31 earnings per share. Sell-side analysts anticipate that Capital One Financial Co. will post 13.31 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, May 10th. This represents a $2.40 annualized dividend and a yield of 1.76%. Capital One Financial’s dividend payout ratio is 18.79%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and boosted their target price for the company from $145.00 to $165.00 in a research note on Thursday, June 6th. BTIG Research assumed coverage on Capital One Financial in a research note on Friday, June 7th. They issued a “neutral” rating for the company. Evercore ISI decreased their target price on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $159.00 target price on shares of Capital One Financial in a research note on Wednesday, March 27th. Finally, Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price for the company in a research note on Thursday, April 4th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $141.20.

Get Our Latest Analysis on Capital One Financial

About Capital One Financial

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Co. (NYSE:COFFree Report).

Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.