Capital One Financial Corporation $COF Shares Acquired by Venture Visionary Partners LLC

Key Points

• Venture Visionary Partners LLC increased its stake in Capital One Financial by 26.9%, owning 6,068 shares valued at approximately $1.29 million as of its latest SEC filing.
• Capital One Financial reported a strong earnings performance with an EPS of $5.48, significantly exceeding analysts' expectations of $1.93, along with a revenue of $12.49 billion.
• The company announced a quarterly dividend of $0.60 per share, resulting in an annualized dividend yield of 1.1%, despite a high payout ratio of 123.08%.

Venture Visionary Partners LLC boosted its stake in Capital One Financial Corporation (NYSE:COF - Free Report) by 26.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,068 shares of the financial services provider's stock after purchasing an additional 1,286 shares during the quarter. Venture Visionary Partners LLC's holdings in Capital One Financial were worth $1,291,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock worth $2,423,000 after buying an additional 10,428 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Capital One Financial by 14.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 26,230 shares of the financial services provider's stock valued at $4,677,000 after acquiring an additional 3,226 shares during the period. NBC Securities Inc. acquired a new stake in Capital One Financial during the first quarter worth about $142,000. Merit Financial Group LLC raised its holdings in shares of Capital One Financial by 56.1% in the 1st quarter. Merit Financial Group LLC now owns 6,142 shares of the financial services provider's stock worth $1,101,000 after purchasing an additional 2,207 shares during the period. Finally, Whipplewood Advisors LLC raised its holdings in shares of Capital One Financial by 1,297.4% in the 1st quarter. Whipplewood Advisors LLC now owns 1,090 shares of the financial services provider's stock worth $195,000 after purchasing an additional 1,012 shares during the period. Hedge funds and other institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Performance

NYSE:COF opened at $212.50 on Wednesday. The firm has a 50-day moving average of $219.34 and a two-hundred day moving average of $200.23. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. The stock has a market cap of $135.90 billion, a P/E ratio of 108.97, a PEG ratio of 0.86 and a beta of 1.17. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45.

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 business had revenue of $12.49 billion for the quarter, compared to analysts' expectations of $12.72 billion. The firm's revenue was up 31.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.14 earnings per share. On average, research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were paid 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 was Friday, August 15th. Capital One Financial's dividend payout ratio is 123.08%.

Insiders Place Their Bets

In other Capital One Financial news, insider Michael Zamsky sold 5,515 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the transaction, the insider directly owned 27,364 shares in the company, valued at $5,735,220.76. This represents a 16.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the firm's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $223.40, for a total transaction of $446,800.00. Following the transaction, the general counsel directly owned 100,486 shares of the company's stock, valued at approximately $22,448,572.40. This represents a 1.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,298 shares of company stock valued at $4,679,844. Corporate insiders own 1.26% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. TD Cowen raised shares of Capital One Financial from a "hold" rating to a "buy" rating and increased their target price for the stock from $184.00 to $258.00 in a research report on Tuesday, July 8th. Wall Street Zen upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating in a research note on Friday, September 26th. JPMorgan Chase & Co. raised 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. Barclays restated an "overweight" rating and set a $253.00 target price (up previously from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Finally, Wells Fargo & Company increased their price target on Capital One Financial from $225.00 to $265.00 and gave the company an "overweight" rating in a report on Friday, July 25th. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $244.29.

About Capital One Financial

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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