Professional Financial Advisors LLC Buys 8,408 Shares of Capital One Financial Corporation $COF

Professional Financial Advisors LLC raised its stake in Capital One Financial Corporation (NYSE:COF) by 645.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,710 shares of the financial services provider’s stock after acquiring an additional 8,408 shares during the quarter. Professional Financial Advisors LLC’s holdings in Capital One Financial were worth $1,948,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Evolution Wealth Management Inc. grew its holdings in Capital One Financial by 529.4% during the fourth 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 during the period. VSM Wealth Advisory LLC bought a new stake in shares of Capital One Financial in the fourth quarter valued at $27,000. Cherry Tree Wealth Management LLC lifted 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 valued at $27,000 after buying an additional 105 shares during the last quarter. Osterweis Capital Management Inc. purchased a new position in shares of Capital One Financial during the 4th quarter valued at $29,000. Finally, CrossGen Wealth LLC bought a new position in shares of Capital One Financial during the 4th quarter worth $30,000. 89.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on COF. HSBC upgraded Capital One Financial from a “hold” rating to a “buy” rating and boosted their price objective for the company from $226.00 to $229.00 in a research note on Sunday, July 12th. Truist Financial reduced their target price on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Wall Street Zen lowered shares of Capital One Financial from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. UBS Group upped their price target on shares of Capital One Financial from $275.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Finally, BTIG Research raised their price objective on shares of Capital One Financial from $224.00 to $259.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Twenty investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $259.36.

Capital One Financial Stock Down 0.1%

Shares of NYSE COF opened at $217.54 on Monday. Capital One Financial Corporation has a 52 week low of $174.24 and a 52 week high of $259.64. The business has a 50-day simple moving average of $200.92 and a two-hundred day simple moving average of $198.21. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. The company has a market cap of $133.46 billion, a P/E ratio of 13.46, a P/E/G ratio of 0.80 and a beta of 1.02.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The business had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. During the same quarter in the previous year, the firm earned $5.48 EPS. The company’s quarterly revenue was up 26.9% compared to the same quarter last year. Research analysts anticipate that Capital One Financial Corporation will post 20.19 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

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. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.20 annualized dividend and a yield of 1.5%. Capital One Financial’s payout ratio is currently 19.80%.

Insider Buying and Selling

In related news, CAO Timothy P. Golden sold 3,487 shares of Capital One Financial stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total transaction of $735,757.00. Following the completion of the sale, the chief accounting officer owned 7,429 shares of the company’s stock, valued at approximately $1,567,519. This trade represents a 31.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $208.00, for a total value of $728,000.00. Following the transaction, the general counsel owned 90,194 shares of the company’s stock, valued at approximately $18,760,352. The trade was a 3.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 20,213 shares of company stock valued at $4,147,832. Company insiders own 0.78% of the company’s stock.

Capital One Financial Company 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.