Souders Financial Advisors Purchases New Shares in Capital One Financial Corporation $COF

Souders Financial Advisors purchased a new position in Capital One Financial Corporation (NYSE:COF) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,483 shares of the financial services provider’s stock, valued at approximately $528,000.

Other institutional investors and hedge funds have also modified their holdings of the company. WPG Advisers LLC purchased a new stake in Capital One Financial during the 1st quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC boosted its holdings 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 last quarter. Olistico Wealth LLC increased its stake in Capital One Financial by 439.1% during the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 101 shares during the last quarter. Saudi Central Bank purchased a new stake in Capital One Financial in the 1st quarter valued at about $27,000. Finally, RMG Wealth Management LLC acquired a new position in shares of Capital One Financial in the 2nd quarter worth approximately $27,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Rothschild & Co Redburn assumed coverage on shares of Capital One Financial in a research note on Friday, August 1st. They issued a “buy” rating and a $290.00 price objective for the company. UBS Group reduced their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a report on Tuesday, October 7th. Weiss Ratings restated a “hold (c-)” rating on shares of Capital One Financial in a research note on Wednesday, October 8th. Truist Financial lifted their price objective on shares of Capital One Financial from $260.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Finally, Royal Bank Of Canada upped their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 23rd. Four equities 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 stock. According to MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

Insider Activity 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 on Tuesday, November 4th. The stock was sold at an average price of $219.41, for a total value of $438,820.00. Following the sale, the general counsel 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Richard D. Fairbank sold 103,487 shares of Capital One Financial stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $220.68, for a total value of $22,837,511.16. Following the transaction, the chief executive officer directly owned 4,001,228 shares of the company’s stock, valued at $882,990,995.04. This trade represents a 2.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 216,642 shares of company stock valued at $48,274,411 in the last ninety days. Corporate insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

Capital One Financial stock opened at $216.90 on Friday. The company has a market cap of $138.71 billion, a P/E ratio of 91.52, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $232.45. The business has a fifty day moving average of $219.47 and a two-hundred day moving average of $209.07. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.25 by $1.70. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The business had revenue of $15.36 billion during the quarter, compared to the consensus estimate of $15.06 billion. During the same quarter last year, the firm posted $4.51 EPS. The business’s revenue was up 53.4% compared to the same quarter last year. As a group, analysts predict 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 declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be issued a $0.80 dividend. The ex-dividend date is Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s payout ratio is currently 101.27%.

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.