Evermay Wealth Management LLC Has $211,000 Stock Holdings in Capital One Financial Corporation $COF

Evermay Wealth Management LLC grew its holdings in Capital One Financial Corporation (NYSE:COF) by 37.9% during the second quarter, Holdings Channel reports. The firm owned 993 shares of the financial services provider’s stock after acquiring an additional 273 shares during the quarter. Evermay Wealth Management LLC’s holdings in Capital One Financial were worth $211,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. WPG Advisers LLC acquired a new position in shares of Capital One Financial in the 1st quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC increased its position in Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after buying an additional 62 shares in the last quarter. Olistico Wealth LLC raised its stake in shares of Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 101 shares during the last quarter. Saudi Central Bank bought a new position in Capital One Financial during the 1st quarter valued at $27,000. Finally, RMG Wealth Management LLC bought a new position in shares of Capital One Financial in the second quarter valued at approximately $27,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Price Performance

Shares of COF opened at $214.98 on Tuesday. The firm has a market cap of $137.48 billion, a PE ratio of 110.25, a P/E/G ratio of 0.76 and a beta of 1.18. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. The firm has a fifty day simple moving average of $219.15 and a two-hundred day simple moving average of $204.10. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data 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 company had revenue of $12.49 billion during the quarter, compared to analysts’ expectations of $12.72 billion. The company’s revenue for the quarter was up 31.4% on a year-over-year basis. During the same quarter last year, the company earned $3.14 earnings per share. On average, equities analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

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

Insider Transactions at Capital One Financial

In other news, CAO Timothy P. Golden sold 3,462 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total transaction of $727,989.36. Following the completion of the transaction, the chief accounting officer owned 8,987 shares in the company, valued at $1,889,786.36. This trade represents a 27.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total value of $423,980.00. Following the transaction, the general counsel owned 98,486 shares of the company’s stock, valued at approximately $20,878,047.14. The trade was a 1.99% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 23,298 shares of company stock worth $5,103,824. 1.26% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on COF shares. JPMorgan Chase & Co. dropped their price objective on Capital One Financial from $248.00 to $235.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 7th. Wells Fargo & Company raised their price target on Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. 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. Truist Financial raised their target price on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. Finally, Redburn Atlantic raised Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and an average target price of $252.78.

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.