Schubert & Co Purchases New Holdings in Capital One Financial Corporation $COF

Schubert & Co bought a new position in Capital One Financial Corporation (NYSE:COF) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,247 shares of the financial services provider’s stock, valued at approximately $691,000. Capital One Financial comprises 0.5% of Schubert & Co’s holdings, making the stock its 28th biggest position.

Other large investors have also bought and sold shares of the company. WPG Advisers LLC purchased a new stake in Capital One Financial in the first quarter worth $25,000. Moisand Fitzgerald Tamayo LLC increased its position in Capital One Financial by 103.3% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after buying an additional 62 shares during the last quarter. Olistico Wealth LLC increased its position in Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after buying an additional 101 shares during the last quarter. Saudi Central Bank purchased a new stake in Capital One Financial in the first quarter worth $27,000. Finally, RMG Wealth Management LLC purchased a new stake in Capital One Financial in the second quarter worth $27,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

Capital One Financial stock opened at $211.25 on Friday. The firm has a market capitalization of $135.10 billion, a P/E ratio of 108.33, a PEG ratio of 0.76 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 business has a fifty day moving average price of $219.01 and a 200-day moving average price of $203.37. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating the consensus estimate 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. Capital One Financial’s quarterly revenue was up 31.4% on a year-over-year basis. During the same period in the prior year, the business posted $3.14 EPS. As a group, equities research analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

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

Insiders Place Their Bets

In related news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total transaction of $423,980.00. Following the completion of the sale, the general counsel 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert M. Alexander sold 10,114 shares of Capital One Financial stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the sale, the insider directly owned 68,707 shares of the company’s stock, valued at $15,655,577.02. This represents a 12.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 23,298 shares of company stock worth $5,103,824 over the last three months. Corporate insiders own 1.26% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the subject of a number of recent research reports. TD Cowen raised their target price on Capital One Financial from $258.00 to $261.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. JPMorgan Chase & Co. cut their price target on Capital One Financial from $248.00 to $235.00 and set a “neutral” rating for the company in a report on Tuesday, October 7th. Evercore ISI raised their price target on Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a report on Tuesday, September 30th. UBS Group cut their price target 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. Finally, HSBC set a $218.00 price target on Capital One Financial and gave the stock a “hold” rating in a report on Friday, October 10th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $252.78.

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.