Sivia Capital Partners LLC Acquires 1,788 Shares of Capital One Financial Corporation $COF

Sivia Capital Partners LLC lifted its holdings in Capital One Financial Corporation (NYSE:COF) by 118.3% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 3,300 shares of the financial services provider’s stock after acquiring an additional 1,788 shares during the quarter. Sivia Capital Partners LLC’s holdings in Capital One Financial were worth $702,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Capital One Financial by 18.6% during the 1st 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 acquiring an additional 9,374 shares during the period. Creative Financial Designs Inc. ADV raised its stake 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 worth $138,000 after buying an additional 394 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of Capital One Financial by 15.3% during the 1st 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 bought a new stake in shares of Capital One Financial in the 1st quarter worth approximately $215,000. Finally, Lansforsakringar Fondforvaltning AB publ purchased a new stake in shares of Capital One Financial in the 4th quarter worth approximately $91,780,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 1.0%

NYSE COF opened at $224.34 on Wednesday. The stock has a 50 day moving average price of $218.19 and a 200-day moving average price of $196.86. Capital One Financial Corporation has a one year low of $140.93 and a one year high of $232.45. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market capitalization of $143.47 billion, a P/E ratio of 115.05, a P/E/G ratio of 0.88 and a beta of 1.17.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, beating the consensus estimate 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. During the same quarter last year, the business earned $3.14 EPS. Capital One Financial’s revenue for the quarter was up 31.4% compared to the same quarter last year. As a group, equities analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

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

Insider Buying and Selling

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $223.40, for a total value of $446,800.00. Following the completion of the sale, the general counsel directly owned 100,486 shares of the company’s stock, valued at $22,448,572.40. This trade represents a 1.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Timothy P. Golden sold 207 shares of Capital One Financial stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total value of $44,589.87. Following the completion of the transaction, the chief accounting officer owned 8,780 shares of the company’s stock, valued at approximately $1,891,299.80. This trade represents a 2.30% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,298 shares of company stock valued at $4,679,844. 1.26% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on COF shares. Keefe, Bruyette & Woods raised their price objective on shares of Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a report on Friday, August 1st. Barclays reissued an “overweight” rating and set a $253.00 price target (up previously from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. Royal Bank Of Canada upped their price objective on Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 23rd. Finally, Bank of America lifted their target price on Capital One Financial from $223.00 to $233.00 and gave the stock a “buy” rating in a report on Wednesday, May 21st. Three 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. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $239.44.

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.