Capital One Financial Co. (NYSE:COF) Shares Purchased by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. boosted its stake in Capital One Financial Co. (NYSE:COF) by 39.5% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 12,512 shares of the financial services provider’s stock after acquiring an additional 3,545 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Capital One Financial were worth $1,732,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in COF. Capital Research Global Investors grew its stake in Capital One Financial by 72.8% in the 1st quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider’s stock valued at $3,145,761,000 after acquiring an additional 8,900,241 shares during the period. Norges Bank acquired a new stake in Capital One Financial during the 4th quarter worth $409,831,000. Clearbridge Investments LLC boosted its stake in Capital One Financial by 18.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,473,596 shares of the financial services provider’s stock worth $517,184,000 after purchasing an additional 549,665 shares during the last quarter. International Assets Investment Management LLC boosted its stake in Capital One Financial by 123.4% during the 2nd quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider’s stock worth $107,016,000 after purchasing an additional 427,000 shares during the last quarter. Finally, Capital World Investors boosted its stake in Capital One Financial by 2.1% during the 4th quarter. Capital World Investors now owns 14,991,564 shares of the financial services provider’s stock worth $1,965,761,000 after purchasing an additional 311,696 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Up 1.0 %

COF stock opened at $138.97 on Friday. The company’s 50 day moving average price is $141.56 and its 200 day moving average price is $140.52. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $153.35. The firm has a market capitalization of $53.07 billion, a price-to-earnings ratio of 10.88, a PEG ratio of 1.08 and a beta of 1.44.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The firm had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. During the same quarter in the previous year, the company posted $3.52 earnings per share. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. On average, equities research analysts anticipate that Capital One Financial Co. will post 13.1 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.73%. Capital One Financial’s payout ratio is 18.79%.

Wall Street Analysts Forecast Growth

COF has been the topic of several recent research reports. Bank of America lifted their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Evercore ISI lowered their target price on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research note on Tuesday, June 25th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $150.00 target price on shares of Capital One Financial in a research note on Thursday, July 25th. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their target price for the stock from $145.00 to $165.00 in a research note on Thursday, June 6th. Finally, BTIG Research initiated coverage on shares of Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and a consensus target price of $145.89.

Insider Buying and Selling

In related news, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the transaction, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at $5,438,491.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction that occurred on Wednesday, July 17th. The stock was 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 directly owns 73,734 shares of the company’s stock, valued at $11,060,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the transaction, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at $5,438,491.24. The disclosure for this sale can be found here. 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.