Stephens Inc. AR Boosts Holdings in Capital One Financial Corporation $COF

Stephens Inc. AR boosted its holdings in Capital One Financial Corporation (NYSE:COF) by 13.7% in the second quarter, Holdings Channel.com reports. The institutional investor owned 16,179 shares of the financial services provider’s stock after acquiring an additional 1,950 shares during the period. Stephens Inc. AR’s holdings in Capital One Financial were worth $3,442,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Sentry Investment Management LLC grew its stake in shares of Capital One Financial by 61.4% during the 2nd quarter. Sentry Investment Management LLC now owns 1,927 shares of the financial services provider’s stock valued at $419,000 after purchasing an additional 733 shares during the period. Altus Wealth Group LLC purchased a new stake in shares of Capital One Financial during the 2nd quarter worth approximately $291,000. LMG Wealth Partners LLC purchased a new stake in shares of Capital One Financial during the 2nd quarter worth approximately $254,000. LB Partners LLC purchased a new stake in shares of Capital One Financial during the 2nd quarter worth approximately $13,629,000. Finally, Community Bank of Raymore purchased a new stake in shares of Capital One Financial during the 2nd quarter worth approximately $301,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insiders Place Their Bets

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s 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 sale, the general counsel owned 98,486 shares in the company, valued at $20,878,047.14. This trade represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Timothy P. Golden sold 3,462 shares of the firm’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total value of $727,989.36. Following the sale, the chief accounting officer owned 8,987 shares in the company, valued at $1,889,786.36. This trade represents a 27.81% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,184 shares of company stock valued at $2,799,248. Corporate insiders own 1.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on COF shares. UBS Group decreased their price target on Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft raised their price target on Capital One Financial from $215.00 to $224.00 and gave the stock a “hold” rating in a report on Thursday, October 2nd. Truist Financial raised their price target on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, September 12th. The Goldman Sachs Group boosted their price target on Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Citigroup boosted their price target on Capital One Financial from $250.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, July 24th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $259.16.

Capital One Financial Stock Up 1.4%

Capital One Financial stock opened at $220.17 on Thursday. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $232.45. The stock has a 50 day moving average of $219.21 and a two-hundred day moving average of $204.30. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $140.80 billion, a price-to-earnings ratio of 92.90, a PEG ratio of 0.78 and a beta of 1.18.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share for the quarter, beating the consensus estimate of $4.25 by $1.70. Capital One Financial had a return on equity of 12.18% and a net margin of 2.24%.The firm had revenue of $15.36 billion during the quarter, compared to the consensus estimate of $15.06 billion. During the same period last year, the business posted $4.51 EPS. Capital One Financial’s quarterly revenue was up 53.4% on a year-over-year basis. As a group, research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were given 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 presently 123.08%.

Capital One Financial 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.