Magnus Financial Group LLC Makes New Investment in Capital One Financial Co. (NYSE:COF)

Magnus Financial Group LLC acquired a new stake in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 1,179 shares of the financial services provider’s stock, valued at approximately $210,000.

A number of other institutional investors have also recently made changes to their positions in the business. Decker Retirement Planning Inc. acquired a new position in Capital One Financial during the 4th quarter valued at approximately $32,000. Catalyst Capital Advisors LLC purchased a new position in Capital One Financial during the third quarter valued at approximately $36,000. Creative Financial Designs Inc. ADV increased its holdings in shares of Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares in the last quarter. Eastern Bank purchased a new position in Capital One Financial in the third quarter valued at $44,000. Finally, Prospera Private Wealth LLC acquired a new position in Capital One Financial in the 3rd quarter worth about $47,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Ratings Changes

COF has been the subject of a number of research analyst reports. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a research report on Tuesday, January 14th. JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Wells Fargo & Company increased their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Evercore ISI raised their price objective on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Finally, Keefe, Bruyette & Woods boosted their target price on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Ten equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $190.47.

Capital One Financial Stock Up 1.6 %

Capital One Financial stock opened at $204.14 on Friday. The stock’s fifty day moving average is $184.29 and its two-hundred day moving average is $161.66. The stock has a market cap of $77.82 billion, a PE ratio of 17.61, a P/E/G ratio of 1.24 and a beta of 1.46. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $207.24. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10,220,675.12 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.50%. Capital One Financial’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company earned $2.81 earnings per share. On average, sell-side analysts expect that Capital One Financial Co. will post 15.22 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Kara West sold 721 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares in the company, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This represents a 9.16 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 13,256 shares of company stock worth $2,462,487. Company insiders own 1.30% of the company’s stock.

About Capital One Financial

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.