1,540 Shares in Capital One Financial Corporation (NYSE:COF) Purchased by GKV Capital Management Co. Inc.

Key Points

• GKV Capital Management Co. Inc. purchased 1,540 shares of Capital One Financial Corporation for approximately $276,000 during Q1, contributing to a rising interest from institutional investors in the company.
• Several analysts have raised their price targets for Capital One Financial shares, with Truist Financial increasing theirs from $225.00 to $260.00, reflecting a generally positive outlook on the stock's performance.
• Capital One recently announced a quarterly dividend of $0.60 per share, with a dividend yield of 1.1%, despite having a high dividend payout ratio of 123.08%.

GKV Capital Management Co. Inc. purchased a new position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,540 shares of the financial services provider's stock, valued at approximately $276,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Beacon Capital Management LLC raised its stake in Capital One Financial by 118.3% in the 1st quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock valued at $32,000 after acquiring an additional 97 shares during the period. Bogart Wealth LLC increased its holdings in shares of Capital One Financial by 1,518.8% in the first quarter. Bogart Wealth LLC now owns 259 shares of the financial services provider's stock valued at $46,000 after purchasing an additional 243 shares during the last quarter. Motco lifted its stake in shares of Capital One Financial by 115.1% during the 1st quarter. Motco now owns 256 shares of the financial services provider's stock worth $46,000 after buying an additional 137 shares during the last quarter. Rossby Financial LCC bought a new stake in shares of Capital One Financial during the 1st quarter worth about $48,000. Finally, Bernard Wealth Management Corp. bought a new stake in shares of Capital One Financial during the 1st quarter worth about $54,000. Institutional investors own 89.84% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on COF shares. Truist Financial increased their price target on shares of Capital One Financial from $225.00 to $260.00 and gave the company a "buy" rating in a report on Monday, July 28th. Redburn Atlantic raised Capital One Financial to a "strong-buy" rating in a report on Friday, August 1st. Bank of America increased their price objective on Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a research report on Wednesday, May 21st. Keefe, Bruyette & Woods boosted their target price on shares of Capital One Financial from $248.00 to $260.00 and gave the company an "outperform" rating in a research report on Wednesday, July 23rd. Finally, Barclays reaffirmed an "overweight" rating and set a $253.00 price target (up from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. Five equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $238.81.

Insiders Place Their Bets

In other news, insider Michael Zamsky sold 5,515 shares of the business's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $209.59, for a total value of $1,155,888.85. Following the transaction, the insider directly owned 27,364 shares of the company's stock, valued at $5,735,220.76. The trade was a 16.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Robert M. Alexander sold 10,114 shares of the company's stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the sale, the insider owned 68,707 shares in the company, valued at approximately $15,655,577.02. The trade was a 12.83% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by company insiders.

Capital One Financial Stock Up 4.1%

Shares of NYSE:COF opened at $216.81 on Wednesday. The firm has a market cap of $138.65 billion, a P/E ratio of 111.19, a P/E/G ratio of 0.82 and a beta of 1.16. Capital One Financial Corporation has a 12-month low of $131.55 and a 12-month high of $232.45. The business has a fifty day simple moving average of $209.75 and a 200 day simple moving average of $193.34. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47.

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

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, August 15th. Capital One Financial's dividend payout ratio (DPR) is currently 123.08%.

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.

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