Capital One Financial Corporation $COF Stock: Curated Wealth Partners LLC Decreases Holdings

Curated Wealth Partners LLC reduced its stake in shares of Capital One Financial Corporation (NYSE:COF) by 96.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,291 shares of the financial services provider's stock after selling 391,723 shares during the quarter. Curated Wealth Partners LLC's holdings in Capital One Financial were worth $3,145,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of COF. Solstein Capital LLC acquired a new position in shares of Capital One Financial during the second quarter valued at approximately $26,000. Ballast Advisors LLC purchased a new stake in shares of Capital One Financial in the 1st quarter valued at approximately $27,000. Gilpin Wealth Management LLC purchased a new stake in shares of Capital One Financial in the third quarter valued at $27,000. Frazier Financial Advisors LLC purchased a new stake in Capital One Financial in the 1st quarter worth about $29,000. Finally, Pension & Wealth Management Advisors Inc. acquired a new stake in Capital One Financial during the 2nd quarter worth about $31,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Capital One Financial Trading Up 1.7%

NYSE:COF traded up $3.22 during trading hours on Thursday, hitting $197.57. 2,190,062 shares of the stock were exchanged, compared to its average volume of 4,624,763. The company has a market capitalization of $121.21 billion, a P/E ratio of 12.23, a price-to-earnings-growth ratio of 0.73 and a beta of 1.04. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. The company's 50 day moving average is $208.80 and its two-hundred day moving average is $200.06.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping the consensus estimate of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The company had revenue of $15.83 billion during the quarter, compared to analysts' expectations of $15.76 billion. During the same quarter in the previous year, the company earned $5.48 EPS. Capital One Financial's revenue was up 26.9% on a year-over-year basis. On average, sell-side analysts anticipate that Capital One Financial Corporation will post 20.36 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, August 17th. Capital One Financial's dividend payout ratio is 19.80%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Barclays reduced their target price on shares of Capital One Financial from $240.00 to $237.00 and set an "overweight" rating for the company in a research note on Monday, October 5th. JPMorgan Chase & Co. lowered their target price on Capital One Financial from $246.00 to $227.00 and set an "overweight" rating on the stock in a report on Monday. BMO Capital Markets assumed coverage on shares of Capital One Financial in a research report on Friday, October 9th. They set a "market perform" rating and a $219.00 target price on the stock. Piper Sandler upped their target price on shares of Capital One Financial from $254.00 to $260.00 and gave the company an "overweight" rating in a research note on Monday, September 28th. Finally, UBS Group increased their target price on shares of Capital One Financial from $275.00 to $280.00 and gave the company a "buy" rating in a research note on Monday, August 3rd. Twenty investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $255.04.

Insider Activity at Capital One Financial

In related news, insider Ravi Raghu sold 9,726 shares of the business's stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $209.78, for a total value of $2,040,320.28. Following the completion of the transaction, the insider directly owned 26,328 shares in the company, valued at approximately $5,523,087.84. The trade was a 26.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Zamsky sold 5,473 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $218.02, for a total transaction of $1,193,223.46. Following the sale, the insider directly owned 27,992 shares of the company's stock, valued at $6,102,815.84. This represents a 16.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,850 shares of company stock valued at $7,167,152 over the last 90 days. Insiders own 0.78% of the company's stock.

Capital One Financial Profile

Capital One Financial Corp. is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company provides credit cards, consumer banking products, auto financing and commercial banking services through its Capital One brand.

Capital One offers credit cards for consumers and businesses, checking and savings accounts, certificates of deposit, personal loans and auto loans. Its commercial banking operations serve businesses, institutions and commercial real estate clients with lending, deposit, treasury management and other financial services.

Capital One primarily serves customers in the United States, with additional operations in Canada and the United Kingdom.

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