Capital One Financial Corporation $COF Shares Bought by Junto Capital Management LP

Junto Capital Management LP grew its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 30.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 294,794 shares of the financial services provider’s stock after buying an additional 68,036 shares during the period. Junto Capital Management LP’s holdings in Capital One Financial were worth $59,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Evolution Wealth Management Inc. boosted its holdings in 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 valued at $26,000 after purchasing an additional 90 shares in the last quarter. VSM Wealth Advisory LLC acquired a new stake in Capital One Financial during the fourth quarter worth approximately $27,000. Cherry Tree Wealth Management LLC lifted its position in shares of 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 worth $27,000 after buying an additional 105 shares during the last quarter. Osterweis Capital Management Inc. purchased a new stake in shares of Capital One Financial during the 4th quarter worth approximately $29,000. Finally, CrossGen Wealth LLC acquired a new position in shares of Capital One Financial in the 4th quarter valued at $30,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Ravi Raghu sold 9,726 shares of the stock in a transaction that occurred 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 completion of the sale, the insider directly owned 26,328 shares of the company’s stock, valued at approximately $5,523,087.84. This trade represents a 26.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Timothy Golden sold 3,487 shares of Capital One Financial stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $211.00, for a total value of $735,757.00. Following the completion of the transaction, the chief accounting officer owned 7,429 shares in the company, valued at $1,567,519. This trade represents a 31.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 29,767 shares of company stock worth $6,366,998 over the last three months. 0.78% of the stock is currently owned by company insiders.

Capital One Financial Stock Down 1.2%

Shares of NYSE:COF opened at $211.29 on Thursday. Capital One Financial Corporation has a 1-year low of $174.24 and a 1-year high of $259.64. 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 stock has a market cap of $129.62 billion, a P/E ratio of 13.07, a P/E/G ratio of 0.79 and a beta of 1.02. The firm has a fifty day moving average price of $212.56 and a 200 day moving average price of $198.16.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The company had revenue of $15.83 billion for the quarter, compared to analyst estimates of $15.76 billion. During the same period in the previous year, the business posted $5.48 earnings per share. Capital One Financial’s quarterly revenue was up 26.9% on a year-over-year basis. Sell-side analysts predict that Capital One Financial Corporation will post 20.29 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were given a $0.80 dividend. 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 payout ratio is 19.80%.

Analysts Set New Price Targets

A number of research firms recently commented on COF. UBS Group increased their target price on shares of Capital One Financial from $275.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. HSBC upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and upped their price objective for the company from $226.00 to $229.00 in a research note on Sunday, July 12th. TD Cowen dropped their price objective on Capital One Financial from $260.00 to $253.00 and set a “buy” rating on the stock in a report on Tuesday, July 7th. Bank of America cut their target price on Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Finally, Wolfe Research lifted their target price on Capital One Financial from $255.00 to $275.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. Twenty-one investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and a consensus price target of $258.91.

Capital One Financial Profile

Capital One Financial Corporation (NYSE: COF) is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company initially built its business as a credit card issuer and has since expanded into consumer banking, commercial banking and payments.

Capital One offers a range of credit card products for consumers and businesses, along with deposit accounts, savings products, auto loans and other consumer lending services. Through its commercial banking operations, the company provides financing, treasury management and related services to commercial real estate clients, middle-market companies and other businesses.

Capital One primarily serves customers in the United States, with additional operations and financial services activities in Canada and the United Kingdom.