Signaturefd LLC Has $389,000 Stake in Capital One Financial Corp. (NYSE:COF)

Signaturefd LLC boosted its position in Capital One Financial Corp. (NYSE:COF) by 4.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,291 shares of the financial services provider’s stock after buying an additional 189 shares during the period. Signaturefd LLC’s holdings in Capital One Financial were worth $389,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Tufton Capital Management increased its stake in Capital One Financial by 0.8% in the first quarter. Tufton Capital Management now owns 17,607 shares of the financial services provider’s stock valued at $1,438,000 after purchasing an additional 136 shares in the last quarter. Thompson Siegel & Walmsley LLC increased its stake in Capital One Financial by 3.3% in the first quarter. Thompson Siegel & Walmsley LLC now owns 4,381 shares of the financial services provider’s stock valued at $358,000 after purchasing an additional 138 shares in the last quarter. Cornell Pochily Investment Advisors Inc. increased its stake in Capital One Financial by 4.1% in 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 purchasing an additional 141 shares in the last quarter. Peddock Capital Advisors LLC increased its stake in Capital One Financial by 1.3% in the first quarter. Peddock Capital Advisors LLC now owns 11,122 shares of the financial services provider’s stock valued at $909,000 after purchasing an additional 144 shares in the last quarter. Finally, Cadence Bank NA increased its stake in Capital One Financial by 1.6% in the first quarter. Cadence Bank NA now owns 9,510 shares of the financial services provider’s stock valued at $777,000 after purchasing an additional 149 shares in the last quarter. Institutional investors and hedge funds own 88.28% of the company’s stock.

Capital One Financial stock traded down $3.47 during midday trading on Wednesday, hitting $83.74. 68,726 shares of the stock were exchanged, compared to its average volume of 2,428,948. Capital One Financial Corp. has a 52-week low of $69.90 and a 52-week high of $101.26. The company has a market capitalization of $41.08 billion, a PE ratio of 7.78, a price-to-earnings-growth ratio of 0.96 and a beta of 1.24. The stock’s 50-day simple moving average is $91.09. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.88.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, July 18th. The financial services provider reported $3.37 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.53. Capital One Financial had a net margin of 17.50% and a return on equity of 10.68%. The business had revenue of $7.12 billion for the quarter, compared to analysts’ expectations of $7.01 billion. During the same period in the previous year, the company earned $3.71 earnings per share. The firm’s revenue for the quarter was down .9% compared to the same quarter last year. As a group, analysts predict that Capital One Financial Corp. will post 11.46 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Monday, August 5th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Friday, August 2nd. Capital One Financial’s dividend payout ratio (DPR) is presently 14.71%.

Several equities research analysts have weighed in on COF shares. Deutsche Bank reaffirmed a “hold” rating and issued a $98.00 price target on shares of Capital One Financial in a research note on Monday, July 8th. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and boosted their target price for the stock from $95.00 to $115.00 in a research report on Tuesday, May 14th. Credit Suisse Group set a $118.00 target price on shares of Capital One Financial and gave the stock a “buy” rating in a research report on Friday, July 19th. ValuEngine downgraded shares of Capital One Financial from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Finally, Zacks Investment Research downgraded shares of Capital One Financial from a “buy” rating to a “hold” rating and set a $103.00 target price for the company. in a research report on Thursday, July 25th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $105.11.

In other Capital One Financial news, Director Bradford H. Warner sold 4,000 shares of the business’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $85.98, for a total value of $343,920.00. Following the transaction, the director now directly owns 57,930 shares in the company, valued at $4,980,821.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Michael J. Wassmer sold 8,212 shares of the business’s stock in a transaction dated Wednesday, July 24th. The shares were sold at an average price of $95.03, for a total transaction of $780,386.36. Following the completion of the transaction, the insider now owns 84,679 shares in the company, valued at $8,047,045.37. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 55,149 shares of company stock worth $5,053,283. 1.43% of the stock is owned by corporate insiders.

About Capital One Financial

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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