Capital One Financial Corporation $COF Stock Position Raised by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC lifted its holdings in Capital One Financial Corporation (NYSE:COF) by 26.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,103 shares of the financial services provider’s stock after buying an additional 1,078 shares during the period. Crestwood Advisors Group LLC’s holdings in Capital One Financial were worth $1,086,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of COF. Earned Wealth Advisors LLC acquired a new stake in shares of Capital One Financial in the second quarter worth $254,000. Plancorp LLC acquired a new position in Capital One Financial during the 2nd quarter valued at $272,000. Private Advisor Group LLC boosted its holdings in Capital One Financial by 15.3% in the 1st quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider’s stock valued at $1,776,000 after purchasing an additional 1,312 shares during the period. Mutual Advisors LLC bought a new stake in Capital One Financial in the 1st quarter valued at $215,000. Finally, Callodine Capital Management LP grew its position in Capital One Financial by 200.0% in the 1st quarter. Callodine Capital Management LP now owns 150,000 shares of the financial services provider’s stock worth $26,895,000 after purchasing an additional 100,000 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Wolfe Research upped their price objective on shares of Capital One Financial from $260.00 to $262.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Redburn Atlantic upgraded Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st. HSBC raised their price objective on Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a research report on Thursday, October 23rd. Rothschild & Co Redburn started coverage on Capital One Financial in a research report on Friday, August 1st. They set a “buy” rating and a $290.00 price objective on the stock. Finally, Wells Fargo & Company boosted their price objective on Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

Insider Transactions at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $219.41, for a total transaction of $438,820.00. Following the sale, the general counsel directly owned 96,486 shares of the company’s stock, valued at approximately $21,169,993.26. This represents a 2.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Timothy P. Golden sold 207 shares of Capital One Financial stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total transaction of $44,589.87. Following the completion of the transaction, the chief accounting officer owned 8,780 shares of the company’s stock, valued at $1,891,299.80. This trade represents a 2.30% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 216,642 shares of company stock valued at $48,274,411. 1.26% of the stock is owned by insiders.

Capital One Financial Stock Down 2.0%

NYSE COF opened at $216.90 on Friday. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45. The company has a market capitalization of $138.71 billion, a price-to-earnings ratio of 91.52, a PEG ratio of 0.70 and a beta of 1.19. The stock’s 50 day moving average is $219.47 and its two-hundred day moving average is $209.07. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 EPS for the quarter, topping the consensus estimate of $4.25 by $1.70. The business had revenue of $15.36 billion during the quarter, compared to the consensus estimate of $15.06 billion. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.Capital One Financial’s revenue was up 53.4% on a year-over-year basis. During the same quarter last year, the company earned $4.51 EPS. Equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be paid a $0.80 dividend. The ex-dividend date is Monday, November 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio is presently 101.27%.

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.