Savant Capital LLC Acquires 36,530 Shares of Capital One Financial Corporation $COF

Savant Capital LLC grew its holdings in Capital One Financial Corporation (NYSE:COF) by 422.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,167 shares of the financial services provider’s stock after acquiring an additional 36,530 shares during the period. Savant Capital LLC’s holdings in Capital One Financial were worth $9,610,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Modera Wealth Management LLC raised its holdings in Capital One Financial by 94.1% in the 2nd quarter. Modera Wealth Management LLC now owns 5,399 shares of the financial services provider’s stock worth $1,149,000 after purchasing an additional 2,617 shares during the period. Twin Capital Management Inc. increased its position in Capital One Financial by 2.1% in the second quarter. Twin Capital Management Inc. now owns 20,062 shares of the financial services provider’s stock worth $4,268,000 after buying an additional 418 shares in the last quarter. Soltis Investment Advisors LLC raised its stake in shares of Capital One Financial by 23.9% in the second quarter. Soltis Investment Advisors LLC now owns 5,708 shares of the financial services provider’s stock worth $1,214,000 after buying an additional 1,102 shares during the period. Souders Financial Advisors purchased a new position in shares of Capital One Financial during the 2nd quarter valued at about $528,000. Finally, Golden State Wealth Management LLC grew its stake in shares of Capital One Financial by 96.5% during the 2nd quarter. Golden State Wealth Management LLC now owns 1,165 shares of the financial services provider’s stock valued at $248,000 after acquiring an additional 572 shares during the period. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 0.4%

Shares of NYSE COF opened at $217.83 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. The firm’s 50-day moving average price is $219.28 and its 200-day moving average price is $209.43. The stock has a market capitalization of $139.31 billion, a price-to-earnings ratio of 91.91, a P/E/G ratio of 0.70 and a beta of 1.19.

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

Capital One Financial Increases Dividend

The business 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. This represents a $3.20 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, November 17th. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s payout ratio is currently 101.27%.

Insider Buying and Selling

In other news, insider Neal Blinde sold 43,200 shares of the stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $221.83, for a total value of $9,583,056.00. Following the sale, the insider owned 73,020 shares of the company’s stock, valued at approximately $16,198,026.60. This represents a 37.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $219.41, for a total transaction of $438,820.00. Following the transaction, the general counsel directly owned 96,486 shares of the company’s stock, valued at approximately $21,169,993.26. This represents a 2.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 259,842 shares of company stock worth $57,857,467. 1.26% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of recent analyst reports. Zacks Research upgraded shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 24th. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $235.00 to $237.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Barclays lifted their target price on shares of Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. TD Cowen increased their price target on Capital One Financial from $258.00 to $261.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Capital One Financial in a report on Wednesday, October 8th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $261.63.

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.