Choreo LLC Acquires 33,175 Shares of Capital One Financial Co. (NYSE:COF)

Choreo LLC grew its stake in Capital One Financial Co. (NYSE:COF) by 1,173.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,003 shares of the financial services provider’s stock after acquiring an additional 33,175 shares during the period. Choreo LLC’s holdings in Capital One Financial were worth $5,018,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Silicon Valley Capital Partners acquired a new position in Capital One Financial during the first quarter valued at approximately $25,000. LRI Investments LLC acquired a new stake in shares of Capital One Financial in the 1st quarter valued at approximately $25,000. Hobbs Group Advisors LLC bought a new position in shares of Capital One Financial in the second quarter valued at $29,000. Bartlett & CO. Wealth Management LLC increased its holdings in Capital One Financial by 726.7% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after buying an additional 218 shares during the last quarter. Finally, Rise Advisors LLC bought a new stake in Capital One Financial during the first quarter worth $33,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other news, insider Robert M. Alexander sold 30,742 shares of the business’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the sale, the insider now directly owns 73,734 shares in the company, valued at $11,060,100. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction 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 completion of the transaction, the insider now owns 73,734 shares of the company’s stock, valued at $11,060,100. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the sale, the chief executive officer now directly owns 40,934 shares in the company, valued at approximately $5,438,491.24. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Stock Up 2.6 %

Shares of NYSE COF opened at $142.60 on Tuesday. The stock has a market capitalization of $54.45 billion, a P/E ratio of 11.17, a PEG ratio of 1.10 and a beta of 1.44. The stock’s fifty day moving average is $141.60 and its 200 day moving average is $140.52. Capital One Financial Co. has a 52 week low of $88.23 and a 52 week high of $153.35. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The firm had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. During the same period in the prior year, the business earned $3.52 earnings per share. Capital One Financial’s quarterly revenue was up 5.5% compared to the same quarter last year. Sell-side analysts forecast that Capital One Financial Co. will post 13.1 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 Friday, August 23rd. Shareholders of record on Monday, August 12th were issued a $0.60 dividend. The ex-dividend date was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a yield of 1.68%. Capital One Financial’s payout ratio is presently 18.79%.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Royal Bank of Canada reissued a “sector perform” rating and issued a $150.00 price objective on shares of Capital One Financial in a research report on Thursday, July 25th. BTIG Research started coverage on Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating on the stock. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research report on Monday, July 8th. Evercore ISI decreased their target price on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a report on Tuesday, June 25th. Finally, Bank of America raised their price target on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Capital One Financial currently has an average rating of “Hold” and an average target price of $145.89.

Capital One Financial Company 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.