Capital One Financial Corporation $COF Shares Acquired by Bogart Wealth LLC

Bogart Wealth LLC increased its position in Capital One Financial Corporation (NYSE:COF) by 59.5% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 413 shares of the financial services provider’s stock after purchasing an additional 154 shares during the period. Bogart Wealth LLC’s holdings in Capital One Financial were worth $88,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of COF. WPG Advisers LLC bought a new position in shares of Capital One Financial in the 1st quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC raised its stake in Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 62 shares during the period. Olistico Wealth LLC lifted its holdings 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 acquiring an additional 101 shares during the last quarter. Saudi Central Bank acquired a new position in Capital One Financial in the first quarter valued at approximately $27,000. Finally, RMG Wealth Management LLC acquired a new position in Capital One Financial in the second quarter valued at approximately $27,000. 89.84% of the stock is owned by institutional investors.

Insider Transactions at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total value of $423,980.00. Following the sale, the general counsel owned 98,486 shares of the company’s stock, valued at approximately $20,878,047.14. The trade was a 1.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael Zamsky sold 5,515 shares of the company’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $209.59, for a total value of $1,155,888.85. Following the completion of the sale, the insider owned 27,364 shares of the company’s stock, valued at approximately $5,735,220.76. This trade represents a 16.77% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 13,184 shares of company stock valued at $2,799,248. Company insiders own 1.26% of the company’s stock.

Capital One Financial Trading Up 1.1%

Shares of COF stock opened at $217.31 on Wednesday. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45. The firm has a market capitalization of $138.97 billion, a PE ratio of 111.44, a price-to-earnings-growth ratio of 0.77 and a beta of 1.18. The stock has a fifty day moving average of $219.16 and a two-hundred day moving average of $204.19. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share for the quarter, beating analysts’ consensus estimates of $4.25 by $1.70. The company had revenue of $15.36 billion for the quarter, compared to the consensus estimate of $15.06 billion. Capital One Financial’s revenue for the quarter was up 53.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.51 earnings per share. As a group, research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

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. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, August 15th. Capital One Financial’s payout ratio is 123.08%.

Wall Street Analyst Weigh In

COF has been the topic of a number of research reports. Keefe, Bruyette & Woods increased their price target on Capital One Financial from $248.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 23rd. Wells Fargo & Company upped their price objective on Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Truist Financial increased their target price on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. UBS Group reduced their price target on shares of 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, Robert W. Baird upped their price target on shares of Capital One Financial from $240.00 to $245.00 and gave the stock an “outperform” rating in a research report on Thursday, October 2nd. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and an average price target of $252.78.

Capital One Financial Company 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.