Strong Tower Advisory Services Has $8.78 Million Stake in Capital One Financial Corporation $COF

Strong Tower Advisory Services lifted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 2.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 41,284 shares of the financial services provider’s stock after buying an additional 988 shares during the quarter. Capital One Financial comprises approximately 1.7% of Strong Tower Advisory Services’ investment portfolio, making the stock its 15th largest holding. Strong Tower Advisory Services’ holdings in Capital One Financial were worth $8,784,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of COF. Moisand Fitzgerald Tamayo LLC grew its position in Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 62 shares during the period. Olistico Wealth LLC grew its position in Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 101 shares during the period. RMG Wealth Management LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at $27,000. Signature Resources Capital Management LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at $28,000. Finally, WPG Advisers LLC acquired a new stake in Capital One Financial in the 1st quarter valued at $25,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Timothy P. Golden sold 207 shares of Capital One Financial stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total value of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares of the company’s stock, valued at approximately $1,891,299.80. This trade represents a 2.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total value of $423,980.00. Following the completion of the sale, the general counsel directly owned 98,486 shares of the company’s stock, valued at approximately $20,878,047.14. This trade represents a 1.99% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 23,298 shares of company stock valued at $5,103,824. 1.26% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on COF shares. Redburn Atlantic raised shares of Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Citigroup lifted their price target on shares of Capital One Financial from $250.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, July 24th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Capital One Financial from $215.00 to $224.00 and gave the company a “hold” rating in a research report on Thursday, October 2nd. Weiss Ratings restated a “hold (c-)” rating on shares of Capital One Financial in a research note on Wednesday. Finally, Barclays raised their price objective on Capital One Financial from $253.00 to $257.00 and gave the company an “overweight” rating in a research note on Monday. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $252.78.

Capital One Financial Trading Down 4.0%

NYSE COF opened at $202.37 on Friday. The stock has a market capitalization of $129.42 billion, a price-to-earnings ratio of 103.78, a PEG ratio of 0.77 and a beta of 1.18. Capital One Financial Corporation has a one year low of $143.22 and a one year 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. The business’s fifty day moving average is $219.02 and its 200-day moving average is $202.11.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. The company’s revenue for the quarter was up 31.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.14 earnings per share. Equities research analysts predict that Capital One Financial Corporation will post 15.65 EPS 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 paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, August 15th. Capital One Financial’s payout ratio is presently 123.08%.

Capital One Financial Company 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.