Manchester Capital Management LLC Buys 106 Shares of Capital One Financial Co. (NYSE:COF)

Manchester Capital Management LLC increased its stake in shares of Capital One Financial Co. (NYSE:COF) by 4.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,676 shares of the financial services provider’s stock after buying an additional 106 shares during the quarter. Manchester Capital Management LLC’s holdings in Capital One Financial were worth $398,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of COF. Silicon Valley Capital Partners acquired a new stake in Capital One Financial during the 1st quarter valued at $25,000. Householder Group Estate & Retirement Specialist LLC raised its stake in shares of Capital One Financial by 1,658.3% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 199 shares during the last quarter. Bartlett & Co. LLC grew its stake in shares of Capital One Financial by 726.7% during the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares during the last quarter. Bartlett & CO. Wealth Management LLC increased its holdings in shares of Capital One Financial by 726.7% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares in the last quarter. Finally, Rise Advisors LLC acquired a new position in Capital One Financial during the 1st quarter worth $33,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on COF. Keefe, Bruyette & Woods restated an “outperform” rating and set a $159.00 target price on shares of Capital One Financial in a research report on Wednesday, March 27th. BTIG Research initiated coverage on shares of Capital One Financial in a research note on Friday, June 7th. They set a “neutral” rating for the company. Evercore ISI dropped their price target on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. Wells Fargo & Company boosted their price target on shares of Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. Finally, Wolfe Research raised shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target for the company in a research note on Thursday, April 4th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $141.35.

Insiders Place Their Bets

In other news, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total value of $1,246,810.24. Following the sale, the insider now directly owns 10,246 shares in the company, valued at approximately $1,475,833.84. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, insider Celia Karam sold 16,913 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the sale, the insider now directly owns 47,081 shares in the company, valued at approximately $6,726,933.28. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the completion of the transaction, the insider now owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF traded down $0.54 during trading hours on Friday, hitting $138.45. The company had a trading volume of 313,823 shares, compared to its average volume of 2,490,424. The firm has a market cap of $52.64 billion, a price-to-earnings ratio of 10.88, a PEG ratio of 1.07 and a beta of 1.45. The business has a fifty day moving average of $138.46 and a 200-day moving average of $137.60. Capital One Financial Co. has a 12 month low of $88.23 and a 12 month high of $149.94. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing the consensus estimate of $3.25 by ($0.04). Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The business had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.35 billion. During the same quarter last year, the company posted $2.31 earnings per share. The company’s revenue was up 5.6% on a year-over-year basis. Equities analysts anticipate that Capital One Financial Co. will post 13.42 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a yield of 1.73%. Capital One Financial’s payout ratio is 18.79%.

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.