Wealth Enhancement Advisory Services LLC acquired a new position in shares of Capital One Financial Corp. (NYSE:COF) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 21,818 shares of the financial services provider’s stock, valued at approximately $2,115,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of COF. Tufton Capital Management grew its stake in shares of Capital One Financial by 0.8% during the first quarter. Tufton Capital Management now owns 17,607 shares of the financial services provider’s stock valued at $1,438,000 after buying an additional 136 shares during the last quarter. Thompson Siegel & Walmsley LLC grew its stake in shares of Capital One Financial by 3.3% during the first quarter. Thompson Siegel & Walmsley LLC now owns 4,381 shares of the financial services provider’s stock valued at $358,000 after buying an additional 138 shares during the last quarter. Cornell Pochily Investment Advisors Inc. grew its stake in shares of Capital One Financial by 4.1% during the second quarter. Cornell Pochily Investment Advisors Inc. now owns 3,615 shares of the financial services provider’s stock valued at $328,000 after buying an additional 141 shares during the last quarter. Peddock Capital Advisors LLC grew its stake in shares of Capital One Financial by 1.3% during the first quarter. Peddock Capital Advisors LLC now owns 11,122 shares of the financial services provider’s stock valued at $909,000 after buying an additional 144 shares during the last quarter. Finally, Cadence Bank NA grew its stake in shares of Capital One Financial by 1.6% during the first quarter. Cadence Bank NA now owns 9,510 shares of the financial services provider’s stock valued at $777,000 after buying an additional 149 shares during the last quarter. 88.28% of the stock is currently owned by institutional investors.

In other news, insider Jory A. Berson sold 13,393 shares of the stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $90.00, for a total transaction of $1,205,370.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Michael J. Wassmer sold 8,212 shares of the stock in a transaction on Wednesday, July 24th. The shares were sold at an average price of $95.03, for a total value of $780,386.36. Following the sale, the insider now owns 84,679 shares of the company’s stock, valued at approximately $8,047,045.37. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 55,149 shares of company stock valued at $5,053,283. 1.43% of the stock is owned by company insiders.

Capital One Financial stock traded up $0.50 during mid-day trading on Thursday, reaching $83.95. 1,270,773 shares of the company were exchanged, compared to its average volume of 3,370,918. The firm’s fifty day moving average is $90.99. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market cap of $40.31 billion, a price-to-earnings ratio of 7.72, a P/E/G ratio of 0.93 and a beta of 1.24. Capital One Financial Corp. has a 12-month low of $69.90 and a 12-month high of $101.26.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, July 18th. The financial services provider reported $3.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.53. The company had revenue of $7.12 billion during the quarter, compared to analyst estimates of $7.01 billion. Capital One Financial had a return on equity of 10.68% and a net margin of 17.50%. Capital One Financial’s revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.71 earnings per share. As a group, equities research analysts predict that Capital One Financial Corp. will post 11.49 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Monday, August 5th will be issued a dividend of $0.40 per share. The ex-dividend date is Friday, August 2nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.91%. Capital One Financial’s dividend payout ratio is currently 14.71%.

A number of research analysts have recently commented on the company. Deutsche Bank reaffirmed a “hold” rating and set a $98.00 target price on shares of Capital One Financial in a research note on Monday, July 8th. Credit Suisse Group set a $118.00 price objective on Capital One Financial and gave the stock a “buy” rating in a research note on Friday, July 19th. Piper Jaffray Companies set a $111.00 price objective on Capital One Financial and gave the stock a “buy” rating in a research note on Friday, July 19th. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and increased their price objective for the stock from $95.00 to $115.00 in a research note on Tuesday, May 14th. Finally, Zacks Investment Research cut Capital One Financial from a “buy” rating to a “hold” rating and set a $103.00 price objective on the stock. in a research note on Thursday, July 25th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $105.11.

Capital One Financial Profile

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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