2,551 Shares in Capital One Financial Co. (NYSE:COF) Acquired by Paragon Capital Management Ltd

Paragon Capital Management Ltd bought a new position in Capital One Financial Co. (NYSE:COF) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,551 shares of the financial services provider’s stock, valued at approximately $279,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in COF. Cetera Investment Advisers lifted its position in shares of Capital One Financial by 25.3% during the 1st quarter. Cetera Investment Advisers now owns 7,940 shares of the financial services provider’s stock worth $1,042,000 after purchasing an additional 1,601 shares during the last quarter. Moors & Cabot Inc. lifted its holdings in shares of Capital One Financial by 9.2% during the first quarter. Moors & Cabot Inc. now owns 3,979 shares of the financial services provider’s stock worth $522,000 after buying an additional 335 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in Capital One Financial by 11.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 2,959 shares of the financial services provider’s stock valued at $388,000 after purchasing an additional 303 shares during the last quarter. Candriam Luxembourg S.C.A. raised its stake in Capital One Financial by 4.1% during the 1st quarter. Candriam Luxembourg S.C.A. now owns 43,094 shares of the financial services provider’s stock valued at $5,658,000 after purchasing an additional 1,698 shares during the last quarter. Finally, Baird Financial Group Inc. raised its stake in Capital One Financial by 4.2% during the 1st quarter. Baird Financial Group Inc. now owns 25,248 shares of the financial services provider’s stock valued at $3,315,000 after purchasing an additional 1,008 shares during the last quarter. 90.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Mark Daniel Mouadeb sold 903 shares of Capital One Financial stock in a transaction that occurred on Tuesday, July 18th. The shares were sold at an average price of $115.00, for a total transaction of $103,845.00. Following the completion of the sale, the insider now owns 15,493 shares in the company, valued at approximately $1,781,695. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other Capital One Financial news, insider Mark Daniel Mouadeb sold 903 shares of the stock in a transaction dated Tuesday, July 18th. The stock was sold at an average price of $115.00, for a total value of $103,845.00. Following the transaction, the insider now owns 15,493 shares of the company’s stock, valued at $1,781,695. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Richard D. Fairbank sold 3,891 shares of the business’s stock in a transaction dated Tuesday, July 25th. The stock was sold at an average price of $117.34, for a total value of $456,569.94. Following the transaction, the chief executive officer now owns 3,848,406 shares of the company’s stock, valued at $451,571,960.04. The disclosure for this sale can be found here. Insiders sold a total of 34,286 shares of company stock worth $3,902,710 over the last three months. 1.27% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on COF shares. JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $102.00 to $112.00 in a research report on Monday, June 26th. Citigroup upped their target price on Capital One Financial from $124.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, July 21st. Wells Fargo & Company increased their price objective on shares of Capital One Financial from $110.00 to $127.00 and gave the company an “overweight” rating in a research note on Friday, July 21st. Bank of America increased their price objective on shares of Capital One Financial from $109.00 to $116.00 in a research note on Tuesday, June 6th. Finally, Stephens increased their price target on shares of Capital One Financial from $80.00 to $87.00 in a research report on Friday, July 21st. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $109.09.

Capital One Financial Price Performance

Shares of NYSE:COF traded up $2.20 during midday trading on Friday, reaching $104.46. The company’s stock had a trading volume of 4,096,965 shares, compared to its average volume of 3,018,777. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market capitalization of $39.85 billion, a P/E ratio of 8.00, a P/E/G ratio of 1.95 and a beta of 1.47. Capital One Financial Co. has a fifty-two week low of $83.93 and a fifty-two week high of $123.09. The business’s fifty day simple moving average is $108.33 and its 200-day simple moving average is $102.88.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, July 20th. The financial services provider reported $3.52 earnings per share for the quarter, beating analysts’ consensus estimates of $3.31 by $0.21. The business had revenue of $9.01 billion during the quarter, compared to analyst estimates of $9.13 billion. Capital One Financial had a net margin of 11.94% and a return on equity of 9.72%. Capital One Financial’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter last year, the business posted $4.96 earnings per share. As a group, equities research analysts expect that Capital One Financial Co. will post 11.56 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 18th. Investors of record on Monday, August 7th were given a $0.60 dividend. The ex-dividend date of this dividend was Friday, August 4th. This represents a $2.40 dividend on an annualized basis and a yield of 2.30%. Capital One Financial’s payout ratio is 18.38%.

About Capital One Financial

Capital One Financial Corporation operates as the financial services 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, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.