Central Pacific Bank Trust Division Invests $1.11 Million in Capital One Financial Co. (NYSE:COF)

Central Pacific Bank Trust Division bought a new position in shares of Capital One Financial Co. (NYSE:COF) during the first quarter, Holdings Channel.com reports. The fund bought 7,650 shares of the financial services provider’s stock, valued at approximately $1,112,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Silicon Valley Capital Partners purchased a new position in shares of Capital One Financial during the first quarter worth about $25,000. Householder Group Estate & Retirement Specialist LLC grew its holdings in shares of Capital One Financial by 1,658.3% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after buying an additional 199 shares during the last quarter. Bartlett & Co. LLC boosted its holdings in Capital One Financial by 726.7% in the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares in the last quarter. Bartlett & CO. Wealth Management LLC boosted its holdings in Capital One Financial by 726.7% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares in the last quarter. Finally, Rise Advisors LLC purchased a new stake in Capital One Financial in the 1st quarter valued at approximately $33,000. Hedge funds and other 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 Timothy P. Golden sold 8,656 shares of the business’s stock in a transaction 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 completion of the transaction, the insider now directly owns 10,246 shares in the company, valued at approximately $1,475,833.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, insider Timothy P. Golden sold 8,656 shares of the business’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the completion of the sale, the insider now directly owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the sale, the insider now directly owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on COF. JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a report on Monday. Wells Fargo & Company lifted their price objective on Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a report on Wednesday, April 10th. BTIG Research initiated coverage on Capital One Financial in a report on Friday, June 7th. They issued a “neutral” rating on the stock. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $159.00 price target on shares of Capital One Financial in a research report on Wednesday, March 27th. Finally, Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their price target for the company from $145.00 to $165.00 in a research report on Thursday, June 6th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Capital One Financial currently has an average rating of “Hold” and a consensus price target of $141.35.

Capital One Financial Price Performance

Shares of Capital One Financial stock traded up $1.21 during trading on Tuesday, hitting $137.02. 2,575,869 shares of the company were exchanged, compared to its average volume of 2,519,172. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $149.94. The stock has a market capitalization of $52.10 billion, a price-to-earnings ratio of 10.80, a P/E/G ratio of 1.08 and a beta of 1.45. The firm has a 50 day moving average price of $138.75 and a 200 day moving average price of $137.55.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing the consensus estimate of $3.25 by ($0.04). The business had revenue of $9.40 billion during 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 company’s revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.31 earnings per share. On average, equities analysts expect that Capital One Financial Co. will post 13.35 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were issued 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 1.75%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

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.