Rise Advisors LLC Has $173,000 Holdings in Capital One Financial Corporation $COF

Rise Advisors LLC raised its position in Capital One Financial Corporation (NYSE:COF) by 237.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 813 shares of the financial services provider’s stock after purchasing an additional 572 shares during the quarter. Rise Advisors LLC’s holdings in Capital One Financial were worth $173,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its position in Capital One Financial by 18.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,882 shares of the financial services provider’s stock valued at $10,010,000 after buying an additional 9,374 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its position in Capital One Financial by 105.3% in the first quarter. Creative Financial Designs Inc. ADV now owns 768 shares of the financial services provider’s stock valued at $138,000 after buying an additional 394 shares in the last quarter. Private Advisor Group LLC boosted its position in Capital One Financial by 15.3% in the first quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider’s stock valued at $1,776,000 after buying an additional 1,312 shares in the last quarter. Mutual Advisors LLC acquired a new position in Capital One Financial in the first quarter valued at about $215,000. Finally, Lansforsakringar Fondforvaltning AB publ acquired a new position in Capital One Financial in the fourth quarter valued at about $91,780,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Bank of America boosted their price target on shares of Capital One Financial from $223.00 to $233.00 and gave the company a “buy” rating in a research report on Wednesday, May 21st. Barclays reaffirmed an “overweight” rating and issued a $253.00 target price (up from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Royal Bank Of Canada boosted their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 23rd. Wall Street Zen downgraded shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Redburn Atlantic raised shares of Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $239.44.

Capital One Financial Trading Down 0.3%

COF opened at $223.59 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market cap of $142.99 billion, a price-to-earnings ratio of 114.66, a price-to-earnings-growth ratio of 0.87 and a beta of 1.17. The firm has a 50 day simple moving average of $217.89 and a 200 day simple moving average of $196.49. Capital One Financial Corporation has a fifty-two week low of $137.64 and a fifty-two week high of $232.45.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. The company’s quarterly revenue was up 31.4% on a year-over-year basis. During the same period last year, the firm earned $3.14 earnings per share. On average, sell-side analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial’s payout ratio is 123.08%.

Insider Buying and Selling at Capital One Financial

In related news, CAO Timothy P. Golden sold 207 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total transaction of $44,589.87. Following the completion of the sale, the chief accounting officer directly owned 8,780 shares of the company’s stock, valued at $1,891,299.80. The trade was a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Robert M. Alexander sold 10,114 shares of the business’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the transaction, the insider owned 68,707 shares of the company’s stock, valued at approximately $15,655,577.02. This represents a 12.83% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 21,298 shares of company stock valued at $4,679,844. 1.26% of the stock is currently owned by corporate insiders.

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.