Capital One Financial Corporation $COF Shares Purchased by Two Sigma Securities LLC

Key Points

• Two Sigma Securities increased its Capital One position by 351.1% in the second quarter, bringing its holdings to 6,347 shares valued at approximately $1.27 million. Institutional investors collectively own 89.84% of COF.
• Capital One reported quarterly EPS of $5.81, beating estimates of $4.79, while revenue rose 26.9% year over year to $15.83 billion. The company also declared a quarterly dividend of $0.80 per share, representing a 1.5% yield.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $258.91, although insiders sold 26,267 shares worth $5.62 million over the past three months.

Two Sigma Securities LLC lifted its position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 351.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,347 shares of the financial services provider's stock after buying an additional 4,940 shares during the quarter. Two Sigma Securities LLC's holdings in Capital One Financial were worth $1,273,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of COF. Evolution Wealth Management Inc. lifted its holdings in shares of Capital One Financial by 529.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider's stock worth $26,000 after acquiring an additional 90 shares during the period. Solstein Capital LLC purchased a new stake in Capital One Financial in the second quarter valued at approximately $26,000. VSM Wealth Advisory LLC purchased a new stake in Capital One Financial in the fourth quarter valued at approximately $27,000. Cherry Tree Wealth Management LLC increased its position in Capital One Financial by 1,312.5% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider's stock worth $27,000 after purchasing an additional 105 shares during the last quarter. Finally, Ballast Advisors LLC acquired a new position in Capital One Financial during the first quarter worth approximately $27,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Activity

In related news, insider Lia Dean sold 2,193 shares of the firm's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $225.52, for a total transaction of $494,565.36. Following the transaction, the insider directly owned 63,261 shares in the company, valued at $14,266,620.72. This trade represents a 3.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $208.00, for a total transaction of $728,000.00. Following the completion of the transaction, the general counsel directly owned 90,194 shares of the company's stock, valued at approximately $18,760,352. This represents a 3.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 26,267 shares of company stock valued at $5,617,648 over the last three months. 0.78% of the stock is currently owned by company insiders.

Capital One Financial Stock Down 0.5%

Shares of NYSE:COF opened at $214.67 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. The company has a fifty day simple moving average of $210.59 and a 200 day simple moving average of $197.79. The firm has a market cap of $131.70 billion, a PE ratio of 13.28, a price-to-earnings-growth ratio of 0.79 and a beta of 1.02. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The firm had revenue of $15.83 billion for the quarter, compared to analysts' expectations of $15.76 billion. During the same quarter in the prior year, the firm posted $5.48 earnings per share. Capital One Financial's revenue for the quarter was up 26.9% compared to the same quarter last year. On average, equities research analysts anticipate that Capital One Financial Corporation will post 20.29 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 17th. Capital One Financial's dividend payout ratio is currently 19.80%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on COF shares. Wall Street Zen lowered shares of Capital One Financial from a "buy" rating to a "hold" rating in a report on Sunday, August 2nd. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Capital One Financial in a report on Thursday, August 20th. JPMorgan Chase & Co. increased their target price on Capital One Financial from $215.00 to $245.00 and gave the stock an "overweight" rating in a research report on Monday, July 13th. Barclays reduced their target price on Capital One Financial from $242.00 to $240.00 and set an "overweight" rating on the stock in a report on Wednesday, July 22nd. Finally, Bank of America lowered their price target on Capital One Financial from $234.00 to $231.00 and set a "buy" rating for the company in a research report on Thursday, July 9th. Twenty-one investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $258.91.

Capital One Financial Profile

Capital One Financial Corporation NYSE: COF is a diversified bank holding company headquartered in McLean, Virginia. The company's core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.

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