Arthur Zaske & Associates LLC Invests $293,000 in Capital One Financial Corporation (COF) Stock

Arthur Zaske & Associates LLC bought a new position in shares of Capital One Financial Corporation (NYSE:COF) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,457 shares of the financial services provider’s stock, valued at approximately $293,000.

A number of other institutional investors have also bought and sold shares of COF. Global X Management Co. LLC increased its position in Capital One Financial by 12.2% during the second quarter. Global X Management Co. LLC now owns 7,271 shares of the financial services provider’s stock worth $601,000 after buying an additional 792 shares during the last quarter. Wedbush Securities Inc. acquired a new position in Capital One Financial during the second quarter worth $280,000. Savant Capital LLC increased its position in Capital One Financial by 0.9% during the second quarter. Savant Capital LLC now owns 3,213 shares of the financial services provider’s stock worth $265,000 after buying an additional 28 shares during the last quarter. LMR Partners LLP increased its position in Capital One Financial by 4.7% during the second quarter. LMR Partners LLP now owns 7,158 shares of the financial services provider’s stock worth $591,000 after buying an additional 323 shares during the last quarter. Finally, State of Wisconsin Investment Board increased its position in Capital One Financial by 31.7% during the second quarter. State of Wisconsin Investment Board now owns 398,752 shares of the financial services provider’s stock worth $32,945,000 after buying an additional 95,960 shares during the last quarter. 88.43% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Robert M. Alexander sold 5,000 shares of the stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $92.18, for a total value of $460,900.00. Following the completion of the transaction, the insider now owns 89,603 shares of the company’s stock, valued at $8,259,604.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bradford H. Warner sold 7,000 shares of the stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $94.94, for a total transaction of $664,580.00. Following the completion of the transaction, the director now directly owns 57,085 shares of the company’s stock, valued at approximately $5,419,649.90. The disclosure for this sale can be found here. In the last quarter, insiders sold 131,868 shares of company stock valued at $12,378,192. 1.73% of the stock is owned by corporate insiders.

Capital One Financial Corporation (NYSE:COF) traded up $0.24 during midday trading on Wednesday, hitting $96.21. 1,828,400 shares of the company traded hands, compared to its average volume of 2,595,668. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 1.17. Capital One Financial Corporation has a twelve month low of $76.05 and a twelve month high of $96.92. The company has a market capitalization of $46,520.90, a PE ratio of 12.66, a PEG ratio of 1.43 and a beta of 1.28.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.15 by $0.27. Capital One Financial had a net margin of 13.34% and a return on equity of 8.25%. The business had revenue of $6.99 billion during the quarter, compared to analysts’ expectations of $6.81 billion. During the same quarter last year, the company earned $2.03 earnings per share. The firm’s revenue was up 8.1% on a year-over-year basis. sell-side analysts predict that Capital One Financial Corporation will post 7.97 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, November 24th. Investors of record on Monday, November 13th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.66%. The ex-dividend date was Friday, November 10th. Capital One Financial’s payout ratio is presently 22.63%.

Several research firms have commented on COF. Keefe, Bruyette & Woods set a $106.00 target price on shares of Capital One Financial and gave the stock a “buy” rating in a research report on Tuesday, August 15th. Buckingham Research assumed coverage on shares of Capital One Financial in a report on Monday, October 2nd. They set a “buy” rating and a $99.00 price target for the company. Wedbush set a $95.00 price target on shares of Capital One Financial and gave the company a “hold” rating in a report on Monday. Piper Jaffray Companies assumed coverage on shares of Capital One Financial in a report on Thursday, September 21st. They set an “underweight” rating and a $81.00 price target for the company. Finally, Oppenheimer restated a “hold” rating on shares of Capital One Financial in a report on Tuesday, October 24th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $96.24.

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Capital One Financial Profile

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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

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