Strong Tower Advisory Services Has $5.50 Million Holdings in Capital One Financial Co. (NYSE:COF)

Strong Tower Advisory Services boosted its stake in shares of Capital One Financial Co. (NYSE:COF) by 7.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,749 shares of the financial services provider’s stock after buying an additional 2,677 shares during the period. Capital One Financial comprises 1.5% of Strong Tower Advisory Services’ investment portfolio, making the stock its 22nd largest holding. Strong Tower Advisory Services’ holdings in Capital One Financial were worth $5,502,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Silicon Valley Capital Partners acquired a new position in shares of Capital One Financial in the 1st quarter valued at about $25,000. LRI Investments LLC acquired a new position in shares of Capital One Financial in the 1st quarter valued at about $25,000. Y.D. More Investments Ltd acquired a new position in shares of Capital One Financial in the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC acquired a new position in shares of Capital One Financial in the 2nd quarter valued at about $29,000. Finally, Bartlett & CO. Wealth Management LLC increased its holdings in shares of Capital One Financial by 726.7% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF traded up $3.82 during mid-day trading on Friday, hitting $154.95. The company’s stock had a trading volume of 549,231 shares, compared to its average volume of 2,436,542. Capital One Financial Co. has a one year low of $88.23 and a one year high of $155.41. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $59.17 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 1.22 and a beta of 1.44. The stock’s 50-day moving average is $142.90 and its two-hundred day moving average is $141.89.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share 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 9.31%. The business had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. During the same period in the prior year, the company posted $3.52 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Capital One Financial Co. will post 12.87 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were given a $0.60 dividend. The ex-dividend date was Monday, August 12th. This represents a $2.40 annualized dividend and a dividend yield of 1.55%. Capital One Financial’s dividend payout ratio is 22.58%.

Wall Street Analyst Weigh In

Several brokerages recently commented on COF. Barclays boosted their price target on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday. Bank of America boosted their price target on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Citigroup began coverage on Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price target for the company. Evercore ISI lowered their price target on Capital One Financial from $166.00 to $163.00 and set an “in-line” rating for the company in a research note on Monday. Finally, JPMorgan Chase & Co. boosted their price target on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $148.00.

Insider Activity

In other news, CEO Kevin S. Borgmann sold 61,532 shares of the 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 sale, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction 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 in the company, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction 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 of the company’s stock, valued at $11,060,100. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

Capital One Financial 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.