REAP Financial Group LLC Has $65,000 Position in Capital One Financial Corporation $COF

REAP Financial Group LLC boosted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 98.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 304 shares of the financial services provider’s stock after acquiring an additional 151 shares during the quarter. REAP Financial Group LLC’s holdings in Capital One Financial were worth $65,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Louisiana State Employees Retirement System increased its stake in shares of Capital One Financial by 64.4% in the second quarter. Louisiana State Employees Retirement System now owns 33,700 shares of the financial services provider’s stock valued at $7,170,000 after buying an additional 13,200 shares in the last quarter. Venturi Wealth Management LLC increased its stake in shares of Capital One Financial by 267.8% in the second quarter. Venturi Wealth Management LLC now owns 5,406 shares of the financial services provider’s stock valued at $1,150,000 after buying an additional 3,936 shares in the last quarter. BankPlus Trust Department acquired a new stake in shares of Capital One Financial in the second quarter valued at $84,000. First Financial Group Corp acquired a new stake in shares of Capital One Financial in the second quarter valued at $343,000. Finally, Canopy Partners LLC acquired a new stake in shares of Capital One Financial in the second quarter valued at $220,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Capital One Financial news, insider Michael Zamsky sold 5,515 shares of the firm’s 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 transaction, the insider owned 27,364 shares in the company, valued at approximately $5,735,220.76. This trade represents a 16.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert M. Alexander sold 10,114 shares of Capital One Financial stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the transaction, the insider owned 68,707 shares in the company, valued at $15,655,577.02. This trade represents a 12.83% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,298 shares of company stock worth $5,103,824 in the last ninety days. 1.26% of the stock is currently owned by corporate insiders.

Capital One Financial Price Performance

Shares of COF opened at $211.79 on Thursday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45. The stock has a market cap of $135.44 billion, a P/E ratio of 108.61, a price-to-earnings-growth ratio of 0.79 and a beta of 1.18. The stock’s 50-day moving average price is $219.22 and its two-hundred day moving average price is $201.77.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The company had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. During the same quarter last year, the business posted $3.14 EPS. Capital One Financial’s quarterly revenue was up 31.4% on a year-over-year basis. On average, equities analysts predict 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 announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were issued a dividend of $0.60 per share. The ex-dividend date 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 (DPR) is 123.08%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Keefe, Bruyette & Woods raised their target price 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. Robert W. Baird raised their target price 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. Evercore ISI raised their price target on Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft raised their price target on Capital One Financial from $215.00 to $224.00 and gave the company a “hold” rating in a report on Thursday, October 2nd. Finally, Royal Bank Of Canada raised their price target on Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a report on Wednesday, July 23rd. Three equities research 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $250.44.

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.