Capital One Financial Corporation $COF Stake Lifted by Two Sigma Securities LLC

Two Sigma Securities LLC raised its position in Capital One Financial Corporation (NYSE:COF) by 351.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 6,347 shares of the financial services provider’s stock after acquiring an additional 4,940 shares during the quarter. Two Sigma Securities LLC’s holdings in Capital One Financial were worth $1,273,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. First Command Advisory Services Inc. increased its holdings in shares of Capital One Financial by 4.5% during the fourth quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock valued at $259,000 after purchasing an additional 46 shares during the period. Dogwood Wealth Management LLC grew its position in Capital One Financial by 26.0% in the 4th quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock valued at $55,000 after buying an additional 47 shares in the last quarter. High Note Wealth LLC grew its position in Capital One Financial by 44.9% in the 4th quarter. High Note Wealth LLC now owns 155 shares of the financial services provider’s stock valued at $38,000 after buying an additional 48 shares in the last quarter. Fiducient Advisors LLC increased its stake in Capital One Financial by 4.2% during the 4th quarter. Fiducient Advisors LLC now owns 1,196 shares of the financial services provider’s stock valued at $290,000 after buying an additional 48 shares during the period. Finally, Nicholas Hoffman & Company LLC. increased its stake in Capital One Financial by 5.0% during the 4th quarter. Nicholas Hoffman & Company LLC. now owns 1,057 shares of the financial services provider’s stock valued at $256,000 after buying an additional 50 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insiders Place Their Bets

In related news, insider Michael Zamsky sold 5,473 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $218.02, for a total transaction of $1,193,223.46. Following the completion of the transaction, the insider owned 27,992 shares of the company’s stock, valued at approximately $6,102,815.84. The trade was a 16.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $208.00, for a total value of $728,000.00. Following the transaction, the general counsel owned 90,194 shares of the company’s stock, valued at approximately $18,760,352. This trade represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 26,267 shares of company stock worth $5,617,648 in the last three months. 0.78% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Weiss Ratings upgraded shares of Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. HSBC upgraded Capital One Financial from a “hold” rating to a “buy” rating and upped their target price for the stock from $226.00 to $229.00 in a research report on Sunday, July 12th. Bank of America decreased their price target on Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. UBS Group lifted their price target on Capital One Financial from $275.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Finally, 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 research note on Tuesday, July 7th. Twenty-one analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $258.91.

Capital One Financial Trading Down 0.5%

Shares of NYSE COF opened at $214.67 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. The business has a 50-day moving average price of $210.59 and a two-hundred day moving average price of $197.79. The firm has a market capitalization of $131.70 billion, a PE ratio of 13.28, a PEG ratio of 0.79 and a beta of 1.02.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating the consensus estimate 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 business had revenue of $15.83 billion for the quarter, compared to analysts’ expectations of $15.76 billion. During the same period in the previous year, the company posted $5.48 EPS. Capital One Financial’s revenue was up 26.9% on a year-over-year basis. As a group, analysts predict that Capital One Financial Corporation will post 20.29 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 17th. Capital One Financial’s dividend payout ratio (DPR) is presently 19.80%.

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.