3Chopt Investment Partners LLC Has $2.71 Million Stake in Capital One Financial Corporation $COF

Key Points

• 3Chopt Investment Partners LLC increased its stake in Capital One Financial by 41.3%, holding a total of 12,751 shares valued at $2.71 million as of the latest SEC filing.
• Multiple large investors have also increased their stakes in Capital One, resulting in 89.84% of the stock being owned by institutional investors and hedge funds.
• Capital One recently reported $5.48 EPS for the quarter, surpassing analysts' expectations, with a revenue rise of 31.4% from the same quarter last year.

3Chopt Investment Partners LLC raised its position in Capital One Financial Corporation (NYSE:COF - Free Report) by 41.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 12,751 shares of the financial services provider's stock after purchasing an additional 3,730 shares during the period. 3Chopt Investment Partners LLC's holdings in Capital One Financial were worth $2,713,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the business. Birch Capital Management LLC bought a new stake in shares of Capital One Financial during the 2nd quarter valued at about $599,000. Gilliland Jeter Wealth Management LLC lifted its stake in Capital One Financial by 54.9% in the second quarter. Gilliland Jeter Wealth Management LLC now owns 3,368 shares of the financial services provider's stock valued at $717,000 after buying an additional 1,193 shares during the period. Commerzbank Aktiengesellschaft FI lifted its stake in Capital One Financial by 57.3% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 5,467 shares of the financial services provider's stock valued at $1,164,000 after buying an additional 1,991 shares during the period. IFP Advisors Inc lifted its stake in Capital One Financial by 311.1% in the second quarter. IFP Advisors Inc now owns 11,142 shares of the financial services provider's stock valued at $2,412,000 after buying an additional 8,432 shares during the period. Finally, Financial Security Advisor Inc. increased its stake in shares of Capital One Financial by 2.5% in the 2nd quarter. Financial Security Advisor Inc. now owns 2,948 shares of the financial services provider's stock valued at $627,000 after acquiring an additional 73 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on COF. UBS Group lowered their price objective on shares of Capital One Financial from $270.00 to $266.00 and set a "buy" rating for the company in a research note on Tuesday. Redburn Atlantic raised shares of Capital One Financial to a "strong-buy" rating in a research report on Friday, August 1st. JPMorgan Chase & Co. dropped their price target on Capital One Financial from $248.00 to $235.00 and set a "neutral" rating on the stock in a research note on Tuesday. Deutsche Bank Aktiengesellschaft upped their price target on Capital One Financial from $215.00 to $224.00 and gave the stock a "hold" rating in a research note on Thursday, October 2nd. Finally, Truist Financial boosted their price objective on Capital One Financial from $260.00 to $270.00 and gave the company a "buy" rating in a report on Friday, September 12th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $250.44.

Capital One Financial Stock Performance

Shares of COF stock opened at $210.50 on Friday. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $232.45. The firm has a 50-day moving average of $219.12 and a 200-day moving average of $201.98. The company has a market cap of $134.62 billion, a P/E ratio of 107.95, a P/E/G ratio of 0.78 and a beta of 1.18. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, topping 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 revenue was up 31.4% compared to the same quarter last year. During the same quarter last year, the business posted $3.14 earnings per share. Equities research analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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

Insider Activity at Capital One Financial

In related news, CAO Timothy P. Golden sold 207 shares of Capital One Financial stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total value of $44,589.87. Following the sale, the chief accounting officer owned 8,780 shares of the company's stock, valued at approximately $1,891,299.80. The trade was a 2.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Robert M. Alexander sold 10,114 shares of the firm's stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total value of $2,304,576.04. Following the completion of the sale, the insider directly owned 68,707 shares of the company's stock, valued at $15,655,577.02. This represents a 12.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 23,298 shares of company stock worth $5,103,824. Company insiders own 1.26% of the company's stock.

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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