2,015 Shares in Capital One Financial Corporation $COF Acquired by International Assets Investment Management LLC

Key Points

• International Assets Investment Management LLC acquired 2,015 shares of Capital One Financial Corporation, valued at approximately $429,000, marking an entry into the financial services sector.
• Capital One's recent earnings report surpassed analysts' expectations, with earnings per share of $5.95 and a revenue of $15.36 billion, reflecting a significant year-over-year revenue growth of 53.4%.
• Multiple analysts have increased their price targets for Capital One's stock, with new targets ranging from $224.00 to $276.00, indicating a positive outlook from financial analysts.

International Assets Investment Management LLC bought a new stake in Capital One Financial Corporation (NYSE:COF) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,015 shares of the financial services provider's stock, valued at approximately $429,000.

Several other large investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock worth $2,423,000 after acquiring an additional 10,428 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Capital One Financial by 18.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 31,129 shares of the financial services provider's stock worth $5,582,000 after acquiring an additional 4,899 shares in the last quarter. PFG Investments LLC increased its position in shares of Capital One Financial by 18.1% during the first quarter. PFG Investments LLC now owns 1,644 shares of the financial services provider's stock worth $295,000 after acquiring an additional 252 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in Capital One Financial by 16.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 32,884 shares of the financial services provider's stock worth $5,896,000 after purchasing an additional 4,577 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its holdings in Capital One Financial by 4.8% during the first quarter. Oppenheimer & Co. Inc. now owns 22,532 shares of the financial services provider's stock worth $4,040,000 after purchasing an additional 1,025 shares during the last quarter. Institutional investors own 89.84% of the company's stock.

Insiders Place Their Bets

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total value of $423,980.00. Following the completion of the sale, the general counsel owned 98,486 shares in the company, valued at $20,878,047.14. The trade was a 1.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Timothy P. Golden sold 207 shares of Capital One Financial stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares of the company's stock, valued at $1,891,299.80. This trade represents a 2.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,184 shares of company stock worth $2,799,248 in the last quarter. 1.26% of the stock is currently owned by corporate insiders.

Capital One Financial Stock Performance

NYSE COF opened at $220.17 on Thursday. The firm has a 50-day moving average of $219.21 and a 200-day moving average of $204.30. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market cap of $140.80 billion, a PE ratio of 92.90, a P/E/G ratio of 0.78 and a beta of 1.18. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.25 by $1.70. The company had revenue of $15.36 billion during the quarter, compared to analysts' expectations of $15.06 billion. Capital One Financial had a net margin of 2.24% and a return on equity of 12.18%. Capital One Financial's quarterly revenue was up 53.4% compared to the same quarter last year. During the same quarter last year, the company posted $4.51 EPS. On average, sell-side analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were paid a $0.60 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.40 annualized dividend and a yield of 1.1%. Capital One Financial's payout ratio is 123.08%.

Analysts Set New Price Targets

COF has been the subject of a number of recent analyst reports. TD Cowen increased their price target on shares of Capital One Financial from $258.00 to $261.00 and gave the company a "buy" rating in a research note on Monday, October 6th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Capital One Financial in a research note on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Capital One Financial from $215.00 to $224.00 and gave the company a "hold" rating in a research note on Thursday, October 2nd. The Goldman Sachs Group increased their price target on shares of Capital One Financial from $266.00 to $276.00 and gave the company a "buy" rating in a research note on Wednesday. Finally, Barclays increased their price target on shares of Capital One Financial from $257.00 to $271.00 and gave the company an "overweight" rating in a research note on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $259.16.

About Capital One Financial

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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