1,955 Shares in Capital One Financial Corporation $COF Acquired by Almanack Investment Partners LLC.

Almanack Investment Partners LLC. purchased a new position in Capital One Financial Corporation (NYSE:COF) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,955 shares of the financial services provider’s stock, valued at approximately $416,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. LRI Investments LLC lifted its stake in Capital One Financial by 73.7% in the second quarter. LRI Investments LLC now owns 3,866 shares of the financial services provider’s stock worth $823,000 after acquiring an additional 1,640 shares during the last quarter. Alta Advisers Ltd raised its holdings in Capital One Financial by 71.0% during the second quarter. Alta Advisers Ltd now owns 3,556 shares of the financial services provider’s stock worth $757,000 after purchasing an additional 1,477 shares in the last quarter. SPC Financial Inc. acquired a new stake in Capital One Financial during the second quarter worth approximately $288,000. CWM LLC raised its holdings in Capital One Financial by 163.4% during the second quarter. CWM LLC now owns 44,914 shares of the financial services provider’s stock worth $9,556,000 after purchasing an additional 27,861 shares in the last quarter. Finally, OFI Invest Asset Management raised its holdings in Capital One Financial by 8.4% during the second quarter. OFI Invest Asset Management now owns 241,582 shares of the financial services provider’s stock worth $51,399,000 after purchasing an additional 18,800 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $202.37 on Monday. The firm’s fifty day simple moving average is $219.02 and its 200-day simple moving average is $202.43. The stock has a market capitalization of $129.42 billion, a price-to-earnings ratio of 103.78, a PEG ratio of 0.74 and a beta of 1.18. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $232.45. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion during the quarter, compared to analyst estimates of $12.72 billion. The business’s revenue was up 31.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.14 earnings per share. As a group, equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial’s payout ratio is presently 123.08%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on COF shares. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Capital One Financial from $215.00 to $224.00 and gave the stock a “hold” rating in a report on Thursday, October 2nd. Truist Financial raised their price objective on shares of Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Barclays raised their price objective on shares of Capital One Financial from $253.00 to $257.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. Finally, Rothschild & Co Redburn started coverage on shares of Capital One Financial in a report on Friday, August 1st. They set a “buy” rating and a $290.00 price objective on the stock. Three 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $252.78.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, CAO Timothy P. Golden sold 3,462 shares of the business’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $210.28, for a total value of $727,989.36. Following the transaction, the chief accounting officer directly owned 8,987 shares of the company’s stock, valued at approximately $1,889,786.36. The trade was a 27.81% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robert M. Alexander sold 10,114 shares of the business’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the completion of the transaction, the insider directly owned 68,707 shares in the company, valued at $15,655,577.02. This represents a 12.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 23,298 shares of company stock valued at $5,103,824. Insiders own 1.26% of the company’s stock.

About Capital One Financial

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.