Brooklyn Investment Group Purchases Shares of 1,390 Capital One Financial Co. (NYSE:COF)

Brooklyn Investment Group acquired a new stake in Capital One Financial Co. (NYSE:COF) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,390 shares of the financial services provider’s stock, valued at approximately $208,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LRI Investments LLC acquired a new position in Capital One Financial in the first quarter worth about $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial in the 2nd quarter valued at approximately $28,000. Hobbs Group Advisors LLC acquired a new position in shares of Capital One Financial in the 2nd quarter worth approximately $29,000. Unique Wealth Strategies LLC bought a new position in shares of Capital One Financial during the 2nd quarter worth approximately $36,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial in the 3rd quarter valued at $36,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Down 0.2 %

NYSE COF opened at $191.50 on Wednesday. The stock has a market capitalization of $73.06 billion, a P/E ratio of 18.08, a price-to-earnings-growth ratio of 1.36 and a beta of 1.43. Capital One Financial Co. has a 52 week low of $105.43 and a 52 week high of $198.30. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a fifty day moving average of $164.10 and a 200-day moving average of $148.50.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.81. The firm had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business posted $4.45 EPS. On average, equities research analysts forecast that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were paid a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.25%. Capital One Financial’s payout ratio is presently 22.66%.

Wall Street Analyst Weigh In

COF has been the subject of several recent analyst reports. Royal Bank of Canada increased their price objective on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday, October 7th. The Goldman Sachs Group lifted their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Robert W. Baird upped their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Finally, Barclays raised their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Eleven analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $160.18.

Insiders Place Their Bets

In related news, insider Kara West sold 721 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the sale, the insider now directly owns 12,929 shares in the company, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 29,007 shares of company stock valued at $4,982,647. Company 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.