Williamson Legacy Group LLC Acquires Shares of 1,520 Capital One Financial Corporation $COF

Williamson Legacy Group LLC bought a new position in shares of Capital One Financial Corporation (NYSE:COF) during the second quarter, Holdings Channel.com reports. The firm bought 1,520 shares of the financial services provider’s stock, valued at approximately $323,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after purchasing an additional 10,428 shares in the last quarter. Foundations Investment Advisors LLC grew its position in shares of Capital One Financial by 4.4% in the 1st quarter. Foundations Investment Advisors LLC now owns 2,127 shares of the financial services provider’s stock worth $381,000 after buying an additional 90 shares during the period. Vestcor Inc increased its stake in shares of Capital One Financial by 10.9% in the 1st quarter. Vestcor Inc now owns 7,580 shares of the financial services provider’s stock worth $1,359,000 after acquiring an additional 746 shares in the last quarter. Arkadios Wealth Advisors lifted its position in Capital One Financial by 515.3% during the 1st quarter. Arkadios Wealth Advisors now owns 10,927 shares of the financial services provider’s stock valued at $1,959,000 after acquiring an additional 9,151 shares during the period. Finally, Natixis Advisors LLC boosted its stake in Capital One Financial by 4.8% during the first quarter. Natixis Advisors LLC now owns 164,448 shares of the financial services provider’s stock worth $29,486,000 after acquiring an additional 7,458 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 0.3%

Capital One Financial stock opened at $218.09 on Friday. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $232.45. The stock has a fifty day simple moving average of $215.56 and a two-hundred day simple moving average of $212.31. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. The firm has a market cap of $138.65 billion, a price-to-earnings ratio of 92.02, a PEG ratio of 0.70 and a beta of 1.19.

Capital One Financial (NYSE:COF) last announced its quarterly 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 return on equity of 10.94% and a net margin of 2.24%.The firm had revenue of $15.46 billion for the quarter. Equities analysts predict 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. Stockholders of record on Monday, November 17th will be issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend 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 135.02%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 17,840 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $222.03, for a total value of $3,961,015.20. Following the completion of the sale, the insider owned 48,315 shares of the company’s stock, valued at approximately $10,727,379.45. The trade was a 26.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Richard D. Fairbank sold 103,487 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $220.68, for a total transaction of $22,837,511.16. Following the sale, the chief executive officer owned 4,001,228 shares of the company’s stock, valued at approximately $882,990,995.04. This represents a 2.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 274,013 shares of company stock valued at $61,045,903. Insiders own 1.26% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on COF. The Goldman Sachs Group raised their target price on shares of Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. 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. JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $235.00 to $237.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. Cowen reissued a “buy” rating on shares of Capital One Financial in a research note on Wednesday. Finally, Wall Street Zen raised Capital One Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

About Capital One Financial

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.