4,673 Shares in Capital One Financial Corporation $COF Acquired by Crews Bank & Trust

Key Points

• Crews Bank & Trust acquired 4,673 shares of Capital One Financial, valued at approximately $994,000, in the second quarter.
• The company reported $5.48 EPS for its latest quarter, significantly exceeding analyst expectations of $1.93, while its revenue was up 31.4% year-over-year.
• Several analysts have raised their target prices for Capital One shares, with Truist Financial setting a new target of $270 and maintaining a "buy" rating.

Crews Bank & Trust bought a new stake in Capital One Financial Corporation (NYSE:COF) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,673 shares of the financial services provider's stock, valued at approximately $994,000.

A number of other institutional investors have also recently added to or reduced their stakes in COF. Brighton Jones LLC lifted its stake in Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock valued at $2,423,000 after acquiring an additional 10,428 shares during the last quarter. NBC Securities Inc. acquired a new stake in Capital One Financial in the first quarter valued at approximately $142,000. Merit Financial Group LLC lifted its stake in Capital One Financial by 56.1% in the first quarter. Merit Financial Group LLC now owns 6,142 shares of the financial services provider's stock valued at $1,101,000 after acquiring an additional 2,207 shares during the last quarter. Armstrong Fleming & Moore Inc acquired a new stake in Capital One Financial in the first quarter valued at approximately $3,146,000. Finally, Curat Global LLC acquired a new stake in Capital One Financial in the first quarter valued at approximately $409,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Robert M. Alexander sold 10,114 shares of Capital One Financial stock in a transaction 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 sale, the insider owned 68,707 shares in the company, valued at $15,655,577.02. The trade was a 12.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Timothy P. Golden sold 3,462 shares of Capital One Financial stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total transaction of $727,989.36. Following the sale, the chief accounting officer owned 8,987 shares in the company, valued at $1,889,786.36. This represents a 27.81% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 21,298 shares of company stock worth $4,679,844. 1.26% of the stock is owned by insiders.

Capital One Financial Trading Up 0.1%

Shares of COF stock opened at $213.79 on Friday. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45. The firm's fifty day simple moving average is $219.26 and its 200 day simple moving average is $200.65. The firm has a market capitalization of $136.72 billion, a P/E ratio of 109.64, a price-to-earnings-growth ratio of 0.81 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 (NYSE:COF - Get Free Report) last announced its earnings results 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. During the same period last year, the firm posted $3.14 EPS. The company's revenue was up 31.4% compared to the same quarter last year. As a group, sell-side analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

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

Analyst Upgrades and Downgrades

COF has been the subject of a number of analyst reports. Truist Financial lifted their target price on shares of Capital One Financial from $260.00 to $270.00 and gave the company a "buy" rating in a research note on Friday, September 12th. JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $245.00 to $248.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Royal Bank Of Canada lifted their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the company a "sector perform" rating in a research report on Wednesday, July 23rd. Morgan Stanley lifted their price target on shares of Capital One Financial from $261.00 to $267.00 and gave the company an "overweight" rating in a research report on Monday. Finally, Evercore ISI lifted their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the company an "outperform" rating in a research report on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial currently has an average rating of "Moderate Buy" and an average price target of $245.67.

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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