Acima Private Wealth LLC Has $446,000 Stake in Capital One Financial Corporation $COF

Key Points

• Acima Private Wealth LLC increased its stake in Capital One Financial by 1,995.0% during the second quarter, bringing its holdings to $446,000 as of the latest SEC filing.
• Analysts have revised their price targets for Capital One Financial, with TD Cowen raising it to $261.00 and Truist Financial to $270.00, indicating a generally optimistic outlook on the stock.
• Capital One Financial recently reported an EPS of $5.48 for the last quarter, significantly exceeding the consensus estimate, while its revenue increased by 31.4% compared to the previous year.

Acima Private Wealth LLC boosted its position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 1,995.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,095 shares of the financial services provider's stock after purchasing an additional 1,995 shares during the quarter. Acima Private Wealth LLC's holdings in Capital One Financial were worth $446,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of COF. WPG Advisers LLC acquired a new position in Capital One Financial during the first quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC grew its holdings in Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 62 shares during the period. Olistico Wealth LLC grew its holdings in Capital One Financial by 439.1% during the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 101 shares during the period. Saudi Central Bank acquired a new position in Capital One Financial during the first quarter valued at approximately $27,000. Finally, RMG Wealth Management LLC acquired a new position in Capital One Financial during the second quarter valued at approximately $27,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Analyst Ratings Changes

COF has been the subject of a number of analyst reports. TD Cowen boosted their price objective on shares of Capital One Financial from $258.00 to $261.00 and gave the company a "buy" rating in a report on Monday, October 6th. Barclays upped their price target on shares of Capital One Financial from $253.00 to $257.00 and gave the company an "overweight" rating in a report on Monday. Truist Financial upped their price target on shares of Capital One Financial from $260.00 to $270.00 and gave the company a "buy" rating in a report on Friday, September 12th. Robert W. Baird upped their price target on shares of Capital One Financial from $240.00 to $245.00 and gave the company an "outperform" rating in a report on Thursday, October 2nd. Finally, HSBC set a $218.00 price target on shares of Capital One Financial and gave the company a "hold" rating in a report on Friday. 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, the company currently has an average rating of "Moderate Buy" and a consensus price target of $252.78.

Capital One Financial Stock Performance

Shares of COF stock opened at $202.37 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. The company's fifty day simple moving average is $219.02 and its 200-day simple moving average is $202.11. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $232.45. The firm has a market cap of $129.42 billion, a PE ratio of 103.78, a P/E/G ratio of 0.77 and a beta of 1.18.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $3.55. The firm 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 period last year, the company posted $3.14 earnings per share. Equities research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a $0.60 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 annualized dividend and a dividend yield of 1.2%. Capital One Financial's dividend payout ratio is presently 123.08%.

Insider Activity at Capital One Financial

In related news, CAO Timothy P. Golden sold 3,462 shares of the firm's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $210.28, for a total transaction of $727,989.36. Following the transaction, the chief accounting officer directly owned 8,987 shares of the company's stock, valued at approximately $1,889,786.36. This trade represents a 27.81% 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 Robert M. Alexander sold 10,114 shares of the firm's stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the transaction, the insider directly owned 68,707 shares in the company, valued at approximately $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. Insiders sold 23,298 shares of company stock valued at $5,103,824 over the last three months. Company 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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