Capital One Financial Corporation $COF Shares Bought by CGN Advisors LLC

CGN Advisors LLC raised its holdings in Capital One Financial Corporation (NYSE:COF) by 1.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,002 shares of the financial services provider’s stock after buying an additional 222 shares during the period. CGN Advisors LLC’s holdings in Capital One Financial were worth $2,979,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. WPG Advisers LLC acquired a new stake in shares of Capital One Financial during the first quarter worth about $25,000. Saudi Central Bank acquired a new stake in shares of Capital One Financial during the first quarter worth about $27,000. Beacon Capital Management LLC increased its position in shares of Capital One Financial by 118.3% during the first quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 97 shares in the last quarter. Physician Wealth Advisors Inc. increased its position in shares of Capital One Financial by 1,200.0% during the second quarter. Physician Wealth Advisors Inc. now owns 156 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 144 shares in the last quarter. Finally, Nova Wealth Management Inc. increased its position in shares of Capital One Financial by 629.6% during the second quarter. Nova Wealth Management Inc. now owns 197 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 170 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Timothy P. Golden sold 207 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total value of $44,589.87. Following the sale, the chief accounting officer owned 8,780 shares of the company’s stock, valued at approximately $1,891,299.80. This represents a 2.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $223.40, for a total value of $446,800.00. Following the completion of the sale, the general counsel directly owned 100,486 shares in the company, valued at approximately $22,448,572.40. The trade was a 1.95% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,298 shares of company stock worth $4,679,844 in the last quarter. Corporate insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $225.48 on Tuesday. The business’s 50 day simple moving average is $218.78 and its 200-day simple moving average is $198.19. The firm has a market capitalization of $144.20 billion, a price-to-earnings ratio of 115.63, a price-to-earnings-growth ratio of 0.88 and a beta of 1.17. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $232.45.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, topping the consensus estimate of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to analysts’ expectations of $12.72 billion. Capital One Financial’s revenue was up 31.4% compared to the same quarter last year. During the same period last year, the firm earned $3.14 EPS. As a group, equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. Capital One Financial’s dividend payout ratio is presently 123.08%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on COF. Citigroup lifted their target price on Capital One Financial from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. Wells Fargo & Company lifted their target price on Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Royal Bank Of Canada boosted their price target on Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 23rd. Rothschild & Co Redburn assumed coverage on Capital One Financial in a research report on Friday, August 1st. They issued a “buy” rating and a $290.00 price target on the stock. Finally, Wall Street Zen cut Capital One Financial from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $239.44.

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.