Ascent Group LLC Buys 5,197 Shares of Capital One Financial Co. (NYSE:COF)

Ascent Group LLC lifted its stake in shares of Capital One Financial Co. (NYSE:COF) by 52.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 15,183 shares of the financial services provider’s stock after acquiring an additional 5,197 shares during the period. Ascent Group LLC’s holdings in Capital One Financial were worth $2,261,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Silicon Valley Capital Partners bought a new stake in Capital One Financial in the first quarter worth $25,000. Householder Group Estate & Retirement Specialist LLC lifted its stake in Capital One Financial by 1,658.3% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 199 shares during the last quarter. Rise Advisors LLC bought a new stake in Capital One Financial in the first quarter worth $33,000. Bartlett & CO. Wealth Management LLC lifted its stake in Capital One Financial by 726.7% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares during the last quarter. Finally, Tortoise Investment Management LLC lifted 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 worth $36,000 after purchasing an additional 80 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Down 0.2 %

COF traded down $0.29 during midday trading on Monday, reaching $149.07. The company’s stock had a trading volume of 1,779,257 shares, compared to its average volume of 2,546,122. The firm has a market capitalization of $56.68 billion, a price-to-earnings ratio of 11.67, a PEG ratio of 1.17 and a beta of 1.46. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. Capital One Financial Co. has a 1 year low of $88.23 and a 1 year high of $153.35. The stock’s 50-day moving average is $139.34 and its 200-day moving average is $138.88.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The business had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.57 billion. During the same quarter last year, the company posted $3.52 EPS. Capital One Financial’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, research analysts expect that Capital One Financial Co. will post 13.17 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date was Friday, May 10th. Capital One Financial’s payout ratio is 18.79%.

Insider Activity

In related news, insider Timothy P. Golden sold 8,656 shares of the stock in a transaction that occurred 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 transaction, the insider now owns 10,246 shares in the company, valued at $1,475,833.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, insider Timothy P. Golden sold 8,656 shares of the stock in a transaction that occurred 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 transaction, the insider now owns 10,246 shares in the company, valued at $1,475,833.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The disclosure for this sale can be found here. Insiders have sold a total of 56,311 shares of company stock worth $8,274,640 over the last 90 days. 1.30% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. BTIG Research assumed coverage on shares of Capital One Financial in a research note on Friday, June 7th. They issued a “neutral” rating for the company. Evercore ISI lowered their price objective on shares of 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. Bank of America upped their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Wolfe Research raised shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price objective for the company in a research note on Thursday, April 4th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, July 8th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, Capital One Financial presently has an average rating of “Hold” and an average target price of $145.89.

Capital One Financial Profile

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.