Lake Street Advisors Group LLC Raises Stock Holdings in Capital One Financial Co. (NYSE:COF)

Lake Street Advisors Group LLC increased its holdings in Capital One Financial Co. (NYSE:COF) by 52.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,964 shares of the financial services provider’s stock after purchasing an additional 1,368 shares during the quarter. Lake Street Advisors Group LLC’s holdings in Capital One Financial were worth $590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Cantor Fitzgerald Investment Advisors L.P. bought a new position in Capital One Financial in the fourth quarter worth about $2,299,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in shares of Capital One Financial by 21.4% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock worth $4,093,000 after acquiring an additional 4,840 shares during the period. Twin Tree Management LP increased its stake in shares of Capital One Financial by 5.6% during the first quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock valued at $10,200,000 after buying an additional 3,609 shares during the period. Montag A & Associates Inc. lifted its stake in Capital One Financial by 42,536.0% in the fourth quarter. Montag A & Associates Inc. now owns 21,318 shares of the financial services provider’s stock worth $2,795,000 after acquiring an additional 21,268 shares during the period. Finally, First Trust Direct Indexing L.P. raised its holdings in shares of Capital One Financial by 14.3% in the 4th quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock valued at $1,667,000 after purchasing an additional 1,588 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 1.4 %

Shares of NYSE COF traded up $2.09 during midday trading on Thursday, hitting $148.50. The company’s stock had a trading volume of 680,415 shares, compared to its average volume of 2,542,829. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 1.00. The firm has a market capitalization of $56.46 billion, a price-to-earnings ratio of 11.47, a price-to-earnings-growth ratio of 1.14 and a beta of 1.45. The business’s fifty day simple moving average is $139.05 and its two-hundred day simple moving average is $138.59. Capital One Financial Co. has a 1 year low of $88.23 and a 1 year high of $153.35.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.37%. The business had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.57 billion. During the same period in the prior year, the business earned $3.52 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. On average, equities analysts predict that Capital One Financial Co. will post 13.4 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.62%. The ex-dividend date was Friday, May 10th. Capital One Financial’s payout ratio is presently 18.79%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Evercore ISI cut their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a report on Tuesday, June 25th. Wells Fargo & Company raised their target price on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price objective for the company in a research report on Thursday, April 4th. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and increased their target price for the company from $145.00 to $165.00 in a report on Thursday, June 6th. Finally, BTIG Research initiated coverage on Capital One Financial in a research note on Friday, June 7th. They issued a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $145.89.

Insider Buying and Selling

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the completion of the sale, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Capital One Financial news, insider Celia Karam sold 16,913 shares of Capital One Financial stock in a transaction 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 transaction, the insider now directly owns 47,081 shares in the company, valued at $6,726,933.28. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the transaction, the insider now owns 73,734 shares in the company, valued at $11,060,100. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 56,311 shares of company stock worth $8,274,640. Company insiders own 1.30% of the company’s stock.

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.