Retireful LLC Purchases New Holdings in Capital One Financial Corporation $COF

Retireful LLC purchased a new stake in shares of Capital One Financial Corporation (NYSE:COF) in the 2nd quarter, Holdings Channel reports. The fund purchased 1,075 shares of the financial services provider’s stock, valued at approximately $229,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in COF. WPG Advisers LLC bought a new stake in Capital One Financial in the 1st quarter valued at $25,000. Saudi Central Bank acquired a new position in shares of Capital One Financial during the 1st quarter worth $27,000. Beacon Capital Management LLC raised its holdings in shares of Capital One Financial by 118.3% during the 1st quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider’s stock worth $32,000 after buying an additional 97 shares in the last quarter. Physician Wealth Advisors Inc. raised its holdings in shares of Capital One Financial by 1,200.0% during the 2nd quarter. Physician Wealth Advisors Inc. now owns 156 shares of the financial services provider’s stock worth $33,000 after buying an additional 144 shares in the last quarter. Finally, Nova Wealth Management Inc. raised its holdings in shares of Capital One Financial by 629.6% during the 2nd quarter. Nova Wealth Management Inc. now owns 197 shares of the financial services provider’s stock worth $42,000 after buying an additional 170 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $223.40, for a total value of $446,800.00. Following the transaction, the general counsel directly owned 100,486 shares of the company’s stock, valued at approximately $22,448,572.40. This trade represents a 1.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert M. Alexander sold 10,114 shares of the firm’s stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total value of $2,304,576.04. Following the completion of the transaction, the insider directly owned 68,707 shares in the company, valued at approximately $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. Insiders sold a total of 21,298 shares of company stock valued at $4,679,844 in the last 90 days. 1.26% of the stock is owned by company insiders.

Capital One Financial Stock Up 0.5%

COF stock opened at $224.14 on Thursday. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The business’s 50 day moving average price is $219.08 and its two-hundred day moving average price is $198.54. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market capitalization of $143.34 billion, a price-to-earnings ratio of 114.95, a price-to-earnings-growth ratio of 0.86 and a beta of 1.17.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to analysts’ expectations of $12.72 billion. During the same quarter last year, the company posted $3.14 EPS. The firm’s revenue was up 31.4% on a year-over-year basis. As a group, analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial’s dividend payout ratio (DPR) is currently 123.08%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on COF. Redburn Atlantic raised Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st. Barclays restated an “overweight” rating and issued a $253.00 target price (up previously from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Wall Street Zen downgraded Capital One Financial from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Royal Bank Of Canada increased their price target on Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 23rd. Finally, Citigroup lifted their price target on Capital One Financial from $250.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, July 24th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $239.44.

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.