Capital One Financial Co. (NYSE:COF) Shares Purchased by Wealth Advisors of Tampa Bay LLC

Wealth Advisors of Tampa Bay LLC raised its position in Capital One Financial Co. (NYSE:COF) by 0.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,348 shares of the financial services provider’s stock after buying an additional 85 shares during the quarter. Wealth Advisors of Tampa Bay LLC’s holdings in Capital One Financial were worth $1,433,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. MQS Management LLC grew its position in Capital One Financial by 7.3% during the 2nd quarter. MQS Management LLC now owns 3,406 shares of the financial services provider’s stock worth $472,000 after purchasing an additional 231 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of Capital One Financial during the second quarter worth about $3,252,000. Richardson Financial Services Inc. increased its position in Capital One Financial by 48.0% in the 2nd quarter. Richardson Financial Services Inc. now owns 2,175 shares of the financial services provider’s stock valued at $301,000 after acquiring an additional 705 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in Capital One Financial by 11.1% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 38,178 shares of the financial services provider’s stock valued at $5,273,000 after acquiring an additional 3,809 shares during the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. grew its stake in shares of Capital One Financial by 1.7% in the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 12,578 shares of the financial services provider’s stock valued at $1,741,000 after purchasing an additional 215 shares during the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the sale, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the sale, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on COF. Royal Bank of Canada restated a “sector perform” rating and set a $150.00 price target on shares of Capital One Financial in a research note on Thursday, July 25th. BTIG Research assumed coverage on shares of Capital One Financial in a research note on Friday, June 7th. They issued a “neutral” rating for the company. JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a report on Monday, July 8th. Evercore ISI cut their price target on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a report on Tuesday, June 25th. Finally, Bank of America raised their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $145.89.

Capital One Financial Trading Up 5.2 %

NYSE:COF opened at $153.05 on Friday. The company has a market capitalization of $58.19 billion, a PE ratio of 11.99, a price-to-earnings-growth ratio of 1.08 and a beta of 1.44. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $153.35. The stock has a fifty day simple moving average of $142.28 and a 200-day simple moving average of $140.76. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The business had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.57 billion. During the same period last year, the company earned $3.52 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, equities research analysts expect that Capital One Financial Co. will post 13.1 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were issued a $0.60 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.57%. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

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.