Partners Capital Investment Group LLP Purchases New Position in Capital One Financial Corporation $COF

Partners Capital Investment Group LLP acquired a new position in Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 13,933 shares of the financial services provider’s stock, valued at approximately $2,795,000.

Several other institutional investors also recently bought and sold shares of COF. Evolution Wealth Management Inc. raised its position in Capital One Financial by 529.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 90 shares in the last quarter. VSM Wealth Advisory LLC bought a new position in shares of Capital One Financial during the 4th quarter worth $27,000. Cherry Tree Wealth Management LLC grew its position in shares of Capital One Financial by 1,312.5% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after buying an additional 105 shares in the last quarter. Osterweis Capital Management Inc. purchased a new position in shares of Capital One Financial during the fourth quarter valued at $29,000. Finally, CrossGen Wealth LLC purchased a new position in shares of Capital One Financial during the fourth quarter valued at $30,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Capital One Financial

In other Capital One Financial news, CAO Timothy P. Golden sold 3,487 shares of Capital One Financial stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $211.00, for a total value of $735,757.00. Following the transaction, the chief accounting officer directly owned 7,429 shares of the company’s stock, valued at approximately $1,567,519. The trade was a 31.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Celia Karam sold 1,888 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $225.52, for a total value of $425,781.76. Following the transaction, the insider directly owned 59,708 shares in the company, valued at approximately $13,465,348.16. The trade was a 3.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 26,267 shares of company stock valued at $5,617,648 over the last three months. Company insiders own 0.78% of the company’s stock.

Capital One Financial Price Performance

COF opened at $216.29 on Tuesday. The firm has a market capitalization of $132.69 billion, a PE ratio of 13.38, a price-to-earnings-growth ratio of 0.80 and a beta of 1.02. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The business’s 50-day moving average is $209.09 and its two-hundred day moving average is $197.97. Capital One Financial Corporation has a 1 year low of $174.24 and a 1 year high of $259.64.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating the consensus estimate of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The business had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. During the same period in the prior year, the firm posted $5.48 earnings per share. The company’s quarterly revenue was up 26.9% on a year-over-year basis. Research analysts anticipate that Capital One Financial Corporation will post 20.29 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, August 17th. Capital One Financial’s payout ratio is 19.80%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on shares of Capital One Financial in a research note on Thursday. Wall Street Zen downgraded shares of Capital One Financial from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Bank of America reduced their price target on shares of Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Piper Sandler initiated coverage on shares of Capital One Financial in a report on Monday, June 29th. They issued an “overweight” rating and a $254.00 price target for the company. Finally, HSBC raised shares of Capital One Financial from a “hold” rating to a “buy” rating and upped their price target for the stock from $226.00 to $229.00 in a research report on Sunday, July 12th. Twenty-one investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.14.

Capital One Financial Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.