Meadowbrook Wealth Management LLC Buys Shares of 4,107 Capital One Financial Corporation $COF

Meadowbrook Wealth Management LLC purchased a new position in Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 4,107 shares of the financial services provider’s stock, valued at approximately $841,000. Capital One Financial accounts for 0.9% of Meadowbrook Wealth Management LLC’s holdings, making the stock its 27th largest position.

Other large investors also recently modified their holdings of the company. Evolution Wealth Management Inc. grew its stake in shares of Capital One Financial by 529.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 90 shares during the last quarter. VSM Wealth Advisory LLC acquired a new position in Capital One Financial during the 4th quarter valued at $27,000. Cherry Tree Wealth Management LLC raised its stake in Capital One Financial by 1,312.5% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 105 shares during the last quarter. Ballast Advisors LLC bought a new stake in Capital One Financial in the 1st quarter valued at $27,000. Finally, Strive Asset Management LLC bought a new stake in Capital One Financial in the 3rd quarter valued at $28,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total value of $728,000.00. Following the sale, the general counsel owned 90,194 shares of the company’s stock, valued at approximately $18,760,352. This represents a 3.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Timothy P. Golden sold 3,487 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total transaction of $735,757.00. Following the sale, the chief accounting officer owned 7,429 shares of the company’s stock, valued at $1,567,519. This trade represents a 31.94% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 20,213 shares of company stock valued at $4,147,832. 0.78% of the stock is owned by insiders.

Capital One Financial News Roundup

Here are the key news stories impacting Capital One Financial this week:

• Positive Sentiment: Strong momentum and analyst interest: Zacks identified Capital One as a strong momentum stock, while Goldman Sachs added a major financial company to its August conviction list. These endorsements may support investor sentiment and buying interest. Zacks momentum stock article Goldman Sachs conviction list article
• Positive Sentiment: Payments strategy remains a growth focus: Industry commentary highlighted Capital One’s efforts to expand beyond traditional payments, including capabilities tied to credentials, money movement, tokenization, data and value-added services. Such initiatives could strengthen long-term revenue growth and customer retention. Card networks growth strategy article
• Positive Sentiment: Recent financial performance provides support: Capital One’s latest reported quarter included earnings of $5.81 per share, ahead of the $4.79 consensus estimate, while revenue rose 26.9% year over year to $15.83 billion. The earnings beat and revenue growth reinforce the bullish case.
• Neutral Sentiment: Account closures draw political and regulatory attention: Capital One disclosed that it closed more than 300 Trump Organization-affiliated accounts in 2021 following an anti-money-laundering review. The disclosure could create reputational or political risks, although the stated compliance rationale may limit direct financial impact. CNN account closures article
• Neutral Sentiment: Insider sale has limited significance: Director Ravi Raghu sold 9,726 shares worth approximately $2.04 million under a pre-arranged Rule 10b5-1 trading plan. While insider selling can concern investors, the preset plan reduces its value as a discretionary bearish signal. SEC insider transaction filing

Capital One Financial Price Performance

Capital One Financial stock opened at $217.93 on Tuesday. The business has a 50 day simple moving average of $198.32 and a 200 day simple moving average of $198.69. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market capitalization of $133.70 billion, a PE ratio of 13.49, a price-to-earnings-growth ratio of 0.77 and a beta of 1.02. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The firm had revenue of $15.83 billion for the quarter, compared to analysts’ expectations of $15.76 billion. During the same period in the prior year, the business posted $5.48 earnings per share. The business’s revenue was up 26.9% compared to the same quarter last year. On average, sell-side analysts forecast that Capital One Financial Corporation will post 20.19 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, August 17th. Capital One Financial’s payout ratio is currently 19.80%.

Wall Street Analyst Weigh In

Several research firms have issued reports on COF. JPMorgan Chase & Co. raised their price target on shares of Capital One Financial from $215.00 to $245.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. BTIG Research upped their price objective on shares of Capital One Financial from $224.00 to $259.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Piper Sandler started coverage on shares of Capital One Financial in a research note on Monday, June 29th. They issued an “overweight” rating and a $254.00 target price for the company. Royal Bank Of Canada decreased their target price on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a research report on Friday, April 10th. Finally, Rothschild & Co Redburn lowered their price target on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Twenty equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average price target of $259.36.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.