Capital One Financial Corporation $COF Shares Bought by RFG Advisory LLC

Key Points

• RFG Advisory LLC increased its stake in Capital One Financial Corporation by 47.9% in the second quarter, holding 8,196 shares valued at approximately $1.74 million.
• Capital One Financial reported $5.48 earnings per share for the last quarter, significantly exceeding analyst expectations of $1.93, while the company's revenue was up 31.4% year-over-year.
• The company's recent dividend of $0.60 per share represents a 1.1% yield, with a payout ratio of 123.08% according to their latest filings.

RFG Advisory LLC raised its stake in Capital One Financial Corporation (NYSE:COF) by 47.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,196 shares of the financial services provider's stock after acquiring an additional 2,654 shares during the period. RFG Advisory LLC's holdings in Capital One Financial were worth $1,744,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC boosted its stake in Capital One Financial by 588,668.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider's stock valued at $24,988,129,000 after acquiring an additional 117,427,549 shares during the period. Vanguard Group Inc. boosted its stake in Capital One Financial by 1.6% in the first quarter. Vanguard Group Inc. now owns 32,250,923 shares of the financial services provider's stock valued at $5,782,590,000 after acquiring an additional 506,105 shares during the period. Bank of New York Mellon Corp boosted its stake in Capital One Financial by 23.7% in the first quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider's stock valued at $889,519,000 after acquiring an additional 950,415 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Capital One Financial by 18.2% during the first quarter. Goldman Sachs Group Inc. now owns 4,766,573 shares of the financial services provider's stock worth $854,647,000 after buying an additional 734,939 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Capital One Financial by 45.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,677,128 shares of the financial services provider's stock worth $838,609,000 after buying an additional 1,454,595 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $214.98 on Thursday. The stock has a market cap of $137.48 billion, a price-to-earnings ratio of 110.25, a PEG ratio of 0.77 and a beta of 1.18. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $232.45. The stock's 50 day moving average price is $219.04 and its 200 day moving average price is $202.84. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02.

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, beating the consensus estimate of $1.93 by $3.55. The company had revenue of $12.49 billion during the quarter, compared to the consensus estimate of $12.72 billion. Capital One Financial's quarterly revenue was up 31.4% on a year-over-year basis. During the same period in the prior year, the company posted $3.14 EPS. Equities research analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

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

Insider Activity

In other Capital One Financial news, CAO Timothy P. Golden sold 207 shares of the business's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total transaction of $44,589.87. Following the sale, the chief accounting officer directly owned 8,780 shares of the company's stock, valued at $1,891,299.80. The trade was a 2.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of the business's 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 sale, the insider directly owned 27,364 shares in the company, valued at approximately $5,735,220.76. This trade represents a 16.77% 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 in the last 90 days. Company insiders own 1.26% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on COF shares. Royal Bank Of Canada boosted their price objective on Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a research report on Wednesday, July 23rd. Wall Street Zen upgraded Capital One Financial from a "hold" rating to a "buy" rating in a research report on Friday, September 26th. Wells Fargo & Company boosted their price objective on Capital One Financial from $225.00 to $265.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Barclays boosted their price objective on Capital One Financial from $253.00 to $257.00 and gave the stock an "overweight" rating in a research report on Monday, October 6th. Finally, The Goldman Sachs Group reduced their price objective on Capital One Financial from $276.00 to $266.00 and set a "buy" rating for the company in a research report on Friday, October 3rd. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $252.78.

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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