Capital One Financial Corporation $COF Stock Holdings Lifted by Clarius Group LLC

Key Points

• Clarius Group LLC significantly increased its holdings in Capital One Financial by 64.8% during the second quarter, acquiring a total of 3,672 shares valued at approximately $781,000.
• Analysts are optimistic about Capital One Financial, with several firms raising their price targets, including Evercore ISI, which increased its target from $240 to $255 and rated the stock as "outperform."
• Capital One Financial reported $5.48 EPS for the last quarter, surpassing expectations, and announced a quarterly dividend of $0.60 per share, reflecting a 1.1% dividend yield.

Clarius Group LLC lifted its holdings in Capital One Financial Corporation (NYSE:COF) by 64.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 3,672 shares of the financial services provider's stock after buying an additional 1,444 shares during the quarter. Clarius Group LLC's holdings in Capital One Financial were worth $781,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Moisand Fitzgerald Tamayo LLC lifted its position in shares of Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider's stock worth $26,000 after buying an additional 62 shares during the last quarter. Signature Resources Capital Management LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter worth about $28,000. WPG Advisers LLC acquired a new stake in shares of Capital One Financial in the 1st quarter worth about $25,000. Saudi Central Bank acquired a new stake in shares of Capital One Financial in the 1st quarter worth about $27,000. Finally, First United Bank & Trust acquired a new stake in shares of Capital One Financial in the 2nd quarter worth about $32,000. 89.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Evercore ISI increased their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an "outperform" rating in a report on Tuesday, September 30th. Wall Street Zen raised shares of Capital One Financial from a "hold" rating to a "buy" rating in a report on Friday, September 26th. Redburn Atlantic raised shares of Capital One Financial to a "strong-buy" rating in a report on Friday, August 1st. TD Cowen raised shares of 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 report on Tuesday, July 8th. Finally, Robert W. Baird increased their price objective on shares of Capital One Financial from $240.00 to $245.00 and gave the stock an "outperform" rating in a report on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $249.06.

Capital One Financial Stock Up 0.3%

Capital One Financial stock opened at $214.39 on Monday. The stock has a market cap of $137.10 billion, a price-to-earnings ratio of 109.94, a PEG ratio of 0.79 and a beta of 1.18. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. The company's 50-day moving average price is $219.30 and its two-hundred day moving average price is $201.35. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week 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 EPS for the quarter, beating the consensus estimate of $1.93 by $3.55. The company had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. The firm's quarterly revenue was up 31.4% on a year-over-year basis. During the same period in the previous year, the business posted $3.14 EPS. On average, analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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

Insider Buying and Selling at Capital One Financial

In other news, CAO Timothy P. Golden sold 3,462 shares of Capital One Financial stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $210.28, for a total value of $727,989.36. Following the transaction, the chief accounting officer owned 8,987 shares of the company's stock, valued at $1,889,786.36. The trade was a 27.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Michael Zamsky sold 5,515 shares of Capital One Financial stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of 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 disclosure for this sale can be found here. Over the last 90 days, insiders sold 23,298 shares of company stock worth $5,103,824. 1.26% of the stock is currently owned by company insiders.

Capital One Financial 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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