Focus Companions Wealth grew its stake in shares of Capital One Monetary Company (NYSE:COF – Free Report) by 4.5% in the course of the first quarter, in accordance with the corporate in its most up-to-date 13F submitting with the Securities & Trade Fee. The institutional investor owned 23,582 shares of the monetary providers supplier’s inventory after shopping for a further 1,007 shares in the course of the interval. Focus Companions Wealth’s holdings in Capital One Monetary have been price $4,229,000 on the finish of the latest reporting interval.
Different massive buyers have additionally not too long ago made adjustments to their positions within the firm. WPG Advisers LLC purchased a brand new stake in Capital One Monetary in the course of the 1st quarter valued at roughly $25,000. Saudi Central Financial institution purchased a brand new stake in Capital One Monetary in the course of the 1st quarter valued at roughly $27,000. Beacon Capital Administration LLC raised its stake in Capital One Monetary by 118.3% in the course of the 1st quarter. Beacon Capital Administration LLC now owns 179 shares of the monetary providers supplier’s inventory valued at $32,000 after buying a further 97 shares in the course of the interval. Bogart Wealth LLC raised its stake in Capital One Monetary by 1,518.8% in the course of the 1st quarter. Bogart Wealth LLC now owns 259 shares of the monetary providers supplier’s inventory valued at $46,000 after buying a further 243 shares in the course of the interval. Lastly, Motco raised its stake in Capital One Monetary by 115.1% in the course of the 1st quarter. Motco now owns 256 shares of the monetary providers supplier’s inventory valued at $46,000 after buying a further 137 shares in the course of the interval. 89.84% of the inventory is owned by hedge funds and different institutional buyers.
Insider Exercise at Capital One Monetary
In different information, insider Robert M. Alexander offered 10,114 shares of the enterprise’s inventory in a transaction on Wednesday, July twenty third. The shares have been offered at a mean value of $227.86, for a complete transaction of $2,304,576.04. Following the completion of the sale, the insider immediately owned 68,707 shares of the corporate’s inventory, valued at roughly $15,655,577.02. The commerce was a 12.83% lower of their possession of the inventory. The sale was disclosed in a doc filed with the Securities & Trade Fee, which could be accessed by way of this hyperlink. Additionally, Basic Counsel Matthew W. Cooper offered 2,000 shares of the enterprise’s inventory in a transaction on Tuesday, September 2nd. The shares have been offered at a mean value of $223.40, for a complete transaction of $446,800.00. Following the sale, the final counsel immediately owned 100,486 shares of the corporate’s inventory, valued at $22,448,572.40. This represents a 1.95% lower of their possession of the inventory. The disclosure for this sale could be discovered right here. Insiders offered a complete of 21,298 shares of firm inventory valued at $4,679,844 during the last ninety days. Firm insiders personal 1.26% of the corporate’s inventory.
Wall Road Analyst Weigh In
A number of brokerages not too long ago issued experiences on COF. Rothschild & Co Redburn started protection on Capital One Monetary in a analysis word on Friday, August 1st. They set a “purchase” score and a $290.00 goal value on the inventory. Wall Road Zen downgraded Capital One Monetary from a “purchase” score to a “maintain” score in a analysis word on Saturday, August ninth. Citigroup lifted their goal value on Capital One Monetary from $250.00 to $275.00 and gave the corporate a “purchase” score in a analysis word on Thursday, July twenty fourth. Redburn Atlantic raised Capital One Monetary to a “strong-buy” score in a analysis word on Friday, August 1st. Lastly, Financial institution of America lifted their value goal on Capital One Monetary from $223.00 to $233.00 and gave the inventory a “purchase” score in a analysis word on Wednesday, Could twenty first. Three equities analysis analysts have rated the inventory with a Sturdy Purchase score, 13 have issued a Purchase score and 4 have given a Maintain score to the inventory. Based mostly on knowledge from MarketBeat, the corporate at present has a mean score of “Reasonable Purchase” and a consensus goal value of $239.44.
Learn Our Newest Evaluation on COF
Capital One Monetary Inventory Down 0.3%
Shares of COF opened at $223.59 on Monday. The agency has a market capitalization of $142.99 billion, a P/E ratio of 114.66, a P/E/G ratio of 0.87 and a beta of 1.17. Capital One Monetary Company has a 12-month low of $137.64 and a 12-month excessive of $232.45. The corporate has a present ratio of 1.02, a fast ratio of 1.02 and a debt-to-equity ratio of 0.47. The agency has a fifty day transferring common value of $217.89 and a 200-day transferring common value of $196.49.
Capital One Monetary (NYSE:COF – Get Free Report) final issued its earnings outcomes on Tuesday, July twenty second. The monetary providers supplier reported $5.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.93 by $3.55. The corporate had income of $12.49 billion for the quarter, in comparison with analysts’ expectations of $12.72 billion. The agency’s income for the quarter was up 31.4% in comparison with the identical quarter final yr. Throughout the identical interval within the prior yr, the agency posted $3.14 earnings per share. Equities analysis analysts anticipate that Capital One Monetary Company will put up 15.65 earnings per share for the present yr.
Capital One Monetary Dividend Announcement
The enterprise additionally not too long ago introduced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of document on Friday, August fifteenth have been paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized foundation and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August fifteenth. Capital One Monetary’s payout ratio is at present 123.08%.
About Capital One Monetary
(Free Report)
Capital One Monetary Company operates because the monetary providers holding firm for the Capital One, Nationwide Affiliation, which engages within the provision of assorted monetary services in the USA, Canada, and the UK. It operates by way of three segments: Credit score Card, Shopper Banking, and Industrial Banking.
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