1,015 Shares in Capital One Financial Corporation $COF Bought by CogentBlue Wealth Advisors LLC

CogentBlue Wealth Advisors LLC acquired a new position in Capital One Financial Corporation (NYSE:COF) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,015 shares of the financial services provider’s stock, valued at approximately $216,000.

A number of other large investors have also recently bought and sold shares of COF. WPG Advisers LLC bought a new stake in Capital One Financial in the first quarter worth $25,000. Moisand Fitzgerald Tamayo LLC boosted its holdings in Capital One Financial by 103.3% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 62 shares in the last quarter. Saudi Central Bank bought a new stake in Capital One Financial in the first quarter worth $27,000. Signature Resources Capital Management LLC bought a new stake in Capital One Financial in the second quarter worth $28,000. Finally, Beacon Capital Management LLC boosted its holdings in Capital One Financial by 118.3% in 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. 89.84% of the stock is currently owned by institutional investors.

Insider Activity at Capital One Financial

In related news, CAO Timothy P. Golden sold 3,462 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $210.28, for a total value of $727,989.36. Following the completion of the transaction, the chief accounting officer owned 8,987 shares of the company’s stock, valued at $1,889,786.36. This represents a 27.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of the stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of the transaction, the insider directly owned 27,364 shares of the company’s stock, valued at $5,735,220.76. This trade represents a 16.77% 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 over the last ninety days. Corporate insiders own 1.26% of the company’s stock.

Capital One Financial Stock Up 0.7%

Shares of COF opened at $223.97 on Friday. The company has a 50-day simple moving average of $219.28 and a 200-day simple moving average of $199.54. The firm has a market capitalization of $143.23 billion, a P/E ratio of 114.86, a P/E/G ratio of 0.86 and a beta of 1.17. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $232.45.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $3.55. The company had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. The firm’s quarterly revenue was up 31.4% on a year-over-year basis. During the same period in the prior year, the company posted $3.14 EPS. On average, equities research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on COF shares. Keefe, Bruyette & Woods upped their price target on shares of Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, July 23rd. Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a report on Friday, August 1st. Rothschild & Co Redburn started coverage on shares of Capital One Financial in a report on Friday, August 1st. They set a “buy” rating and a $290.00 price target for the company. JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $245.00 to $248.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Finally, Wall Street Zen upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday. Three 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 stock. According to data from MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and an average price target of $239.44.

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.