Capital One Financial Corporation $COF Holdings Lifted by MCF Advisors LLC

Key Points

• MCF Advisors LLC increased its holdings in Capital One Financial by 228.3% in Q2, owning 4,215 shares worth $897,000.
• The financial services provider reported $5.48 EPS, significantly surpassing analyst estimates of $1.93 during its latest earnings release on July 22nd.
• Capital One recently announced a quarterly dividend of $0.60 per share, representing an annual yield of 1.1%, with a payout ratio of 123.08%.

MCF Advisors LLC boosted its position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 228.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,215 shares of the financial services provider's stock after buying an additional 2,931 shares during the quarter. MCF Advisors LLC's holdings in Capital One Financial were worth $897,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. WPG Advisers LLC bought a new position in Capital One Financial during the first quarter valued at about $25,000. Saudi Central Bank purchased a new stake in shares of Capital One Financial during the first quarter valued at $27,000. Beacon Capital Management LLC lifted its stake in Capital One Financial by 118.3% in the 1st quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock worth $32,000 after acquiring an additional 97 shares in the last quarter. Physician Wealth Advisors Inc. lifted its stake in Capital One Financial by 1,200.0% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 156 shares of the financial services provider's stock worth $33,000 after acquiring an additional 144 shares in the last quarter. Finally, Nova Wealth Management Inc. lifted its stake in Capital One Financial by 629.6% in the 2nd quarter. Nova Wealth Management Inc. now owns 197 shares of the financial services provider's stock worth $42,000 after acquiring an additional 170 shares in the last quarter. Institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Performance

COF opened at $225.48 on Tuesday. The firm has a market capitalization of $144.20 billion, a P/E ratio of 115.63, a price-to-earnings-growth ratio of 0.88 and a beta of 1.17. The stock's 50 day moving average price is $218.78 and its two-hundred day moving average price is $198.19. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45.

Capital One Financial (NYSE:COF - Get Free Report) last released its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion during the quarter, compared to analyst estimates of $12.72 billion. The business's quarterly revenue was up 31.4% compared to the same quarter last year. During the same period last year, the business earned $3.14 EPS. On average, equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial's dividend payout ratio (DPR) is presently 123.08%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on COF shares. Wells Fargo & Company increased their price objective on Capital One Financial from $225.00 to $265.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Wall Street Zen downgraded Capital One Financial from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. TD Cowen raised Capital One Financial from a "hold" rating to a "buy" rating and increased their price objective for the stock from $184.00 to $258.00 in a research note on Tuesday, July 8th. Barclays reissued an "overweight" rating and issued a $253.00 price objective (up from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Finally, Royal Bank Of Canada raised their price target on Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $239.44.

Insider Buying and Selling

In related news, insider Michael Zamsky sold 5,515 shares of the business's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $209.59, for a total value of $1,155,888.85. Following the sale, the insider owned 27,364 shares of the company's stock, valued at $5,735,220.76. The trade was a 16.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert M. Alexander sold 10,114 shares of the business's stock in a transaction on Wednesday, July 23rd. The shares were 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 in the company, valued at approximately $15,655,577.02. This represents a 12.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,298 shares of company stock worth $4,679,844 in the last quarter. Corporate 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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