Astoria Portfolio Advisors LLC. Invests $345,000 in Capital One Financial Corporation $COF

Key Points

• Astoria Portfolio Advisors LLC has invested approximately $345,000 in Capital One Financial Corporation, purchasing 1,634 shares during the second quarter.
• Institutional investors now own 89.84% of Capital One's stock, highlighting significant institutional confidence.
• Capital One recently announced a quarterly dividend of $0.60 per share, reflecting a 1.2% dividend yield despite a payout ratio of 123.08%.

Astoria Portfolio Advisors LLC. purchased a new position in Capital One Financial Corporation (NYSE:COF - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,634 shares of the financial services provider's stock, valued at approximately $345,000.

A number of other large investors also recently modified their holdings of the business. Eagle Bay Advisors LLC lifted its position in shares of Capital One Financial by 3.6% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider's stock worth $299,000 after buying an additional 49 shares during the last quarter. Cantor Fitzgerald Investment Advisors L.P. increased its holdings in shares of Capital One Financial by 0.3% in the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider's stock worth $3,532,000 after acquiring an additional 50 shares during the period. TFB Advisors LLC increased its holdings in shares of Capital One Financial by 3.4% in the 1st quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider's stock worth $276,000 after acquiring an additional 51 shares during the period. Meiji Yasuda Asset Management Co Ltd. increased its holdings in shares of Capital One Financial by 0.9% in the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider's stock worth $1,097,000 after acquiring an additional 53 shares during the period. Finally, tru Independence LLC increased its holdings in shares of Capital One Financial by 1.7% in the 2nd quarter. tru Independence LLC now owns 3,202 shares of the financial services provider's stock worth $681,000 after acquiring an additional 55 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of the firm's stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the completion of the transaction, the general counsel owned 98,486 shares in the company, valued at approximately $20,878,047.14. This trade represents a 1.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Robert M. Alexander sold 10,114 shares of the firm's stock in a transaction dated 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 transaction, the insider owned 68,707 shares of the company's stock, valued at approximately $15,655,577.02. This trade represents a 12.83% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 23,298 shares of company stock worth $5,103,824. Company insiders own 1.26% of the company's stock.

Wall Street Analyst Weigh In

COF has been the topic of a number of analyst reports. Evercore ISI increased their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an "outperform" rating in a report on Tuesday, September 30th. The Goldman Sachs Group dropped their price objective on shares of Capital One Financial from $276.00 to $266.00 and set a "buy" rating on the stock in a report on Friday, October 3rd. TD Cowen increased their price objective on shares of Capital One Financial from $258.00 to $261.00 and gave the stock a "buy" rating in a report on Monday, October 6th. Redburn Atlantic raised shares of Capital One Financial to a "strong-buy" rating in a report on Friday, August 1st. Finally, Robert W. Baird raised their target price on shares of Capital One Financial from $240.00 to $245.00 and gave the company an "outperform" rating in a research note on Thursday, October 2nd. Three 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 data from MarketBeat, Capital One Financial has an average rating of "Moderate Buy" and an average target price of $252.78.

Capital One Financial Stock Up 2.5%

Capital One Financial stock opened at $207.55 on Tuesday. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $232.45. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. The company's 50-day moving average price is $218.96 and its two-hundred day moving average price is $202.67. The stock has a market cap of $132.73 billion, a price-to-earnings ratio of 106.44, a PEG ratio of 0.74 and a beta of 1.18.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, beating the consensus estimate 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. During the same quarter last year, the business posted $3.14 EPS. The business's revenue for the quarter was up 31.4% on a year-over-year basis. On average, analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a dividend of $0.60 per share. The ex-dividend date 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 (DPR) is 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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