1,534 Shares in Capital One Financial Corporation $COF Bought by Werba Rubin Papier Wealth Management

Key Points

• Werba Rubin Papier Wealth Management has acquired a new position in Capital One Financial Corporation, purchasing 1,534 shares worth approximately $326,000.
• Capital One reported earnings per share of $5.48 for the last quarter, significantly exceeding analyst estimates of $1.93, while its revenue grew by 31.4% year-over-year.
• The company announced a quarterly dividend of $0.60 per share, resulting in an annualized yield of 1.1%, despite a dividend payout ratio of 123.08%.

Werba Rubin Papier Wealth Management bought a new position in Capital One Financial Corporation (NYSE:COF - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,534 shares of the financial services provider's stock, valued at approximately $326,000.

Several other large investors have also made changes to their positions in COF. Aware Super Pty Ltd as trustee of Aware Super increased its holdings in Capital One Financial by 294.9% in the 2nd quarter. Aware Super Pty Ltd as trustee of Aware Super now owns 102,957 shares of the financial services provider's stock valued at $21,905,000 after purchasing an additional 76,887 shares in the last quarter. PB Investment Partners L.P. increased its holdings in Capital One Financial by 2.3% in the 2nd quarter. PB Investment Partners L.P. now owns 154,259 shares of the financial services provider's stock valued at $32,820,000 after purchasing an additional 3,500 shares in the last quarter. Omnia Family Wealth LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at $244,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Capital One Financial during the second quarter valued at about $486,000. Finally, Bridges Investment Management Inc. grew its stake in shares of Capital One Financial by 22.7% during the second quarter. Bridges Investment Management Inc. now owns 11,202 shares of the financial services provider's stock valued at $2,383,000 after acquiring an additional 2,069 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

COF opened at $214.98 on Thursday. The business's 50 day moving average is $219.04 and its 200-day moving average is $202.84. The stock has a market cap of $137.48 billion, a PE ratio of 110.25, a price-to-earnings-growth ratio of 0.77 and a beta of 1.18. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $232.45.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, beating analysts' consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. The business's quarterly revenue was up 31.4% on a year-over-year basis. During the same period last year, the firm posted $3.14 EPS. On average, analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid 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 dividend payout ratio (DPR) is currently 123.08%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on COF. Rothschild & Co Redburn began coverage on Capital One Financial in a research note on Friday, August 1st. They set a "buy" rating and a $290.00 target price for the company. Barclays raised their target price on Capital One Financial from $253.00 to $257.00 and gave the company an "overweight" rating in a research note on Monday, October 6th. Morgan Stanley raised their target price on Capital One Financial from $261.00 to $267.00 and gave the company an "overweight" rating in a research note on Monday, September 29th. Evercore ISI raised their target price on Capital One Financial from $240.00 to $255.00 and gave the company an "outperform" rating in a research note on Tuesday, September 30th. Finally, TD Cowen lifted their price target on Capital One Financial from $258.00 to $261.00 and gave the stock a "buy" rating in a research note on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of "Moderate Buy" and a consensus target price of $252.78.

Insider Activity at Capital One Financial

In related news, insider Robert M. Alexander sold 10,114 shares of the firm's stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the transaction, the insider owned 68,707 shares in the company, valued at $15,655,577.02. This trade represents a 12.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael Zamsky sold 5,515 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the transaction, the insider owned 27,364 shares in the company, valued at $5,735,220.76. This represents a 16.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 23,298 shares of company stock worth $5,103,824 over the last ninety days. Insiders own 1.26% of the company's stock.

Capital One Financial 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.

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