Capital One Financial Corporation $COF Shares Acquired by Waverly Advisors LLC

by · The Markets Daily

Waverly Advisors LLC raised its stake in shares of Capital One Financial Corporation (NYSE:COF) by 35.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,493 shares of the financial services provider’s stock after purchasing an additional 4,029 shares during the period. Waverly Advisors LLC’s holdings in Capital One Financial were worth $3,108,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of COF. First Command Advisory Services Inc. raised its holdings in Capital One Financial by 4.5% in the fourth quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock valued at $259,000 after buying an additional 46 shares during the period. High Note Wealth LLC increased its holdings in Capital One Financial by 44.9% in the 4th quarter. High Note Wealth LLC now owns 155 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 48 shares in the last quarter. Fiducient Advisors LLC raised its position in Capital One Financial by 4.2% in the fourth quarter. Fiducient Advisors LLC now owns 1,196 shares of the financial services provider’s stock valued at $290,000 after purchasing an additional 48 shares during the period. Allen Capital Group LLC raised its position in Capital One Financial by 4.2% in the fourth quarter. Allen Capital Group LLC now owns 1,230 shares of the financial services provider’s stock valued at $298,000 after purchasing an additional 50 shares during the period. Finally, Zhang Financial LLC lifted its stake in shares of Capital One Financial by 1.7% during the fourth quarter. Zhang Financial LLC now owns 3,050 shares of the financial services provider’s stock worth $739,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE COF opened at $208.29 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64. The business has a 50 day moving average price of $212.66 and a two-hundred day moving average price of $198.22. The firm has a market cap of $127.78 billion, a PE ratio of 12.89, a price-to-earnings-growth ratio of 0.76 and a beta of 1.02.

Capital One Financial (NYSE:COF – Get Free Report) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. The company had revenue of $15.83 billion for the quarter, compared to analyst estimates of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.Capital One Financial’s quarterly revenue was up 26.9% on a year-over-year basis. During the same period in the prior year, the company posted $5.48 EPS. Sell-side analysts expect that Capital One Financial Corporation will post 20.29 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 Tuesday, September 1st. Investors of record on Monday, August 17th were issued a $0.80 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $3.20 annualized dividend and a yield of 1.5%. Capital One Financial’s dividend payout ratio is currently 19.80%.

Insider Activity

In other news, CAO Timothy Golden sold 3,487 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $211.00, for a total value of $735,757.00. Following the sale, the chief accounting officer owned 7,429 shares in the company, valued at approximately $1,567,519. This represents a 31.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ravi Raghu sold 9,726 shares of the stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the transaction, the insider directly owned 26,328 shares in the company, valued at $5,523,087.84. The trade was a 26.98% decrease in their position. 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 sold a total of 29,767 shares of company stock worth $6,366,998 over the last ninety days. Insiders own 0.78% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the topic of several analyst reports. Wall Street Zen downgraded Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Weiss Ratings upgraded Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. Bank of America lowered their price objective on shares of Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Wolfe Research lifted their price objective on shares of Capital One Financial from $255.00 to $275.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Finally, Barclays reduced their target price on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Twenty-one investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $258.91.

View Our Latest Stock Analysis on Capital One Financial

Capital One Financial Company Profile

(Free Report)

Capital One Financial Corporation (NYSE: COF) is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company initially built its business as a credit card issuer and has since expanded into consumer banking, commercial banking and payments.

Capital One offers a range of credit card products for consumers and businesses, along with deposit accounts, savings products, auto loans and other consumer lending services. Through its commercial banking operations, the company provides financing, treasury management and related services to commercial real estate clients, middle-market companies and other businesses.

Capital One primarily serves customers in the United States, with additional operations and financial services activities in Canada and the United Kingdom.

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