West Family Investments Inc. Buys 2,872 Shares of Capital One Financial Corporation $COF

West Family Investments Inc. lifted its position in Capital One Financial Corporation (NYSE:COF) by 219.4% during the 2nd quarter, Holdings Channel reports. The firm owned 4,181 shares of the financial services provider’s stock after buying an additional 2,872 shares during the quarter. West Family Investments Inc.’s holdings in Capital One Financial were worth $839,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in COF. Evolution Wealth Management Inc. grew its stake in Capital One Financial by 529.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after buying an additional 90 shares during the last quarter. Solstein Capital LLC bought a new stake in Capital One Financial during the 2nd quarter worth approximately $26,000. VSM Wealth Advisory LLC acquired a new stake in Capital One Financial during the 4th quarter valued at $27,000. Cherry Tree Wealth Management LLC raised its position in Capital One Financial by 1,312.5% in 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. Finally, Ballast Advisors LLC acquired a new position in Capital One Financial in the first quarter worth $27,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

COF has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their price target on Capital One Financial from $215.00 to $245.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Barclays decreased their price target on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Weiss Ratings raised Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. Citigroup lowered their target price on Capital One Financial from $310.00 to $295.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. Finally, Piper Sandler began coverage on Capital One Financial in a research report on Monday, June 29th. They issued an “overweight” rating and a $254.00 price objective for the company. Twenty-one equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus price target of $258.91.

Insider Transactions at Capital One Financial

In other news, insider Michael Zamsky sold 5,473 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $218.02, for a total value of $1,193,223.46. Following the completion of the transaction, the insider owned 27,992 shares in the company, valued at $6,102,815.84. This represents a 16.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ravi Raghu sold 9,726 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the sale, the insider directly owned 26,328 shares of the company’s stock, valued at $5,523,087.84. This represents a 26.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 29,767 shares of company stock valued at $6,366,998. 0.78% of the stock is currently owned by insiders.

Capital One Financial Trading Down 2.5%

Shares of NYSE COF traded down $5.50 during midday trading on Tuesday, reaching $214.10. 2,985,562 shares of the stock were exchanged, compared to its average volume of 4,787,261. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64. The company has a market capitalization of $131.35 billion, a price-to-earnings ratio of 13.25, a P/E/G ratio of 0.81 and a beta of 1.02. 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 business has a 50-day simple moving average of $212.42 and a two-hundred day simple moving average of $198.12.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping the consensus estimate of $4.79 by $1.02. The business had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The firm’s revenue was up 26.9% compared to the same quarter last year. During the same quarter last year, the business posted $5.48 EPS. As a group, equities research analysts expect that Capital One Financial Corporation will post 20.29 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, August 17th. Capital One Financial’s dividend payout ratio (DPR) is 19.80%.

Capital One Financial 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.