3,175 Shares in Capital One Financial Corporation $COF Bought by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC bought a new position in Capital One Financial Corporation (NYSE:COF) during the second quarter, HoldingsChannel reports. The firm bought 3,175 shares of the financial services provider’s stock, valued at approximately $676,000.

A number of other large investors also recently modified their holdings of COF. Brighton Jones LLC lifted its holdings in shares of Capital One Financial by 330.1% in the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after purchasing an additional 10,428 shares in the last quarter. Simon Quick Advisors LLC lifted its stake in Capital One Financial by 22.8% during the 1st quarter. Simon Quick Advisors LLC now owns 2,708 shares of the financial services provider’s stock valued at $486,000 after acquiring an additional 503 shares in the last quarter. Fifth Third Bancorp lifted its stake in Capital One Financial by 16.5% during the 1st quarter. Fifth Third Bancorp now owns 31,899 shares of the financial services provider’s stock valued at $5,719,000 after acquiring an additional 4,509 shares in the last quarter. Founders Grove Wealth Partners LLC bought a new position in Capital One Financial during the 1st quarter valued at $219,000. Finally, CVA Family Office LLC lifted its stake in Capital One Financial by 5.9% during the 1st quarter. CVA Family Office LLC now owns 1,446 shares of the financial services provider’s stock valued at $259,000 after acquiring an additional 80 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Insider Transactions at Capital One Financial

In related news, insider Robert M. Alexander sold 10,114 shares of Capital One Financial stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total value of $2,304,576.04. Following the completion of the sale, the insider owned 68,707 shares of the company’s stock, valued at approximately $15,655,577.02. This trade represents a 12.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of Capital One Financial stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $209.59, for a total value of $1,155,888.85. Following the completion of the sale, the insider directly owned 27,364 shares of the company’s stock, valued at approximately $5,735,220.76. This trade represents a 16.77% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 23,298 shares of company stock worth $5,103,824. Insiders own 1.26% of the company’s stock.

Wall Street Analyst Weigh In

COF has been the topic of several recent analyst reports. Keefe, Bruyette & Woods raised their price objective on Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Deutsche Bank Aktiengesellschaft raised their price objective on Capital One Financial from $215.00 to $224.00 and gave the company a “hold” rating in a research note on Thursday, October 2nd. Robert W. Baird raised their price objective on Capital One Financial from $240.00 to $245.00 and gave the company an “outperform” rating in a research note on Thursday, October 2nd. Royal Bank Of Canada raised their price objective on Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 23rd. Finally, Rothschild & Co Redburn initiated coverage on Capital One Financial in a research note on Friday, August 1st. They set a “buy” rating and a $290.00 price objective on the stock. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $252.78.

Capital One Financial Trading Down 4.0%

Shares of Capital One Financial stock opened at $202.37 on Friday. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45. The firm has a market cap of $129.42 billion, a PE ratio of 103.78, a P/E/G ratio of 0.77 and a beta of 1.18. The stock has a fifty day moving average price of $219.02 and a 200-day moving average price of $202.11. 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 (NYSE:COF) last announced its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.93 by $3.55. The business had revenue of $12.49 billion for the quarter, compared to analysts’ expectations of $12.72 billion. During the same period in the prior year, the business earned $3.14 earnings per share. The company’s revenue for the quarter was up 31.4% compared to the same quarter last year. Equities research analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 annualized dividend and a yield of 1.2%. Capital One Financial’s dividend payout ratio (DPR) is 123.08%.

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.