7,483 Shares in Capital One Financial Corporation $COF Purchased by Highview Capital Management LLC DE

Highview Capital Management LLC DE purchased a new position in Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,483 shares of the financial services provider’s stock, valued at approximately $1,592,000.

Several other large investors also recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC boosted its position in shares of Capital One Financial by 588,668.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock worth $24,988,129,000 after buying an additional 117,427,549 shares during the period. Vanguard Group Inc. increased its holdings in shares of Capital One Financial by 74.8% in the 2nd quarter. Vanguard Group Inc. now owns 56,380,913 shares of the financial services provider’s stock valued at $11,995,603,000 after acquiring an additional 24,129,990 shares during the period. Geode Capital Management LLC grew its holdings in shares of Capital One Financial by 64.1% during the second quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock worth $2,970,628,000 after buying an additional 5,474,328 shares during the last quarter. Bank of New York Mellon Corp increased its position in Capital One Financial by 41.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 7,011,073 shares of the financial services provider’s stock valued at $1,491,676,000 after acquiring an additional 2,050,010 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in Capital One Financial by 18.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,766,573 shares of the financial services provider’s stock worth $854,647,000 after purchasing an additional 734,939 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

COF stock opened at $200.61 on Wednesday. The firm has a 50 day simple moving average of $217.89 and a 200 day simple moving average of $211.42. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $232.45. The stock has a market cap of $127.53 billion, a P/E ratio of 84.64, a P/E/G ratio of 0.70 and a beta of 1.19.

Capital One Financial (NYSE:COF) last announced its earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The business had revenue of $15.46 billion for the quarter. Research analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s payout ratio is 135.02%.

Insiders Place Their Bets

In related news, insider Frank G. LapradeIii sold 17,840 shares of the company’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $222.03, for a total transaction of $3,961,015.20. Following the transaction, the insider owned 48,315 shares in the company, valued at $10,727,379.45. This represents a 26.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $219.41, for a total value of $438,820.00. Following the transaction, the general counsel directly owned 96,486 shares in the company, valued at $21,169,993.26. This trade represents a 2.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 274,013 shares of company stock worth $61,045,903. 1.26% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on COF. Wolfe Research boosted their price target on Capital One Financial from $260.00 to $262.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. TD Cowen increased their price target on shares of Capital One Financial from $258.00 to $261.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. HSBC upped their price target on Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a research note on Thursday, October 23rd. Wall Street Zen upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Finally, Barclays raised their price target on shares of Capital One Financial from $257.00 to $271.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and an average target price of $261.63.

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.