Capital One Financial Corporation $COF Stock Position Raised by Cwm LLC

Key Points

• Cwm LLC increased its holdings in Capital One Financial by 163.4%, owning 44,914 shares valued at $9.56 million at the end of the last reporting period.
• Insider sales included Michael Zamsky selling 5,515 shares for approximately $1.16 million and Matthew W. Cooper selling 2,000 shares worth about $424,000.
• Capital One Financial's stock has shown a 3.1% increase, with a 12-month low of $143.22 and a high of $232.45, while it recently reported earnings exceeding analyst expectations.

Cwm LLC lifted its holdings in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 163.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 44,914 shares of the financial services provider's stock after buying an additional 27,861 shares during the period. Cwm LLC's holdings in Capital One Financial were worth $9,556,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Eagle Bay Advisors LLC boosted its stake in Capital One Financial by 3.6% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider's stock valued at $299,000 after purchasing an additional 49 shares during the period. Cantor Fitzgerald Investment Advisors L.P. boosted its stake in Capital One Financial by 0.3% during the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider's stock valued at $3,532,000 after purchasing an additional 50 shares during the period. TFB Advisors LLC boosted its stake in Capital One Financial by 3.4% during the 1st quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider's stock valued at $276,000 after purchasing an additional 51 shares during the period. Meiji Yasuda Asset Management Co Ltd. boosted its stake in Capital One Financial by 0.9% during the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider's stock valued at $1,097,000 after purchasing an additional 53 shares during the period. Finally, tru Independence LLC boosted its stake in Capital One Financial by 1.7% during the 2nd quarter. tru Independence LLC now owns 3,202 shares of the financial services provider's stock valued at $681,000 after purchasing an additional 55 shares during the period. Institutional investors own 89.84% of the company's stock.

Insider Buying and Selling at Capital One Financial

In related news, insider Michael Zamsky sold 5,515 shares of the stock in a transaction that occurred 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 completion of the sale, the insider directly owned 27,364 shares of the company's stock, valued at $5,735,220.76. This represents a 16.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the sale, the general counsel directly owned 98,486 shares of the company's stock, valued at approximately $20,878,047.14. This represents a 1.99% 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 ninety days. Company insiders own 1.26% of the company's stock.

Capital One Financial Stock Up 3.1%

COF stock opened at $214.08 on Wednesday. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $232.45. The firm has a market cap of $136.91 billion, a PE ratio of 109.78, a P/E/G ratio of 0.76 and a beta of 1.18. The firm has a 50 day simple moving average of $219.00 and a 200 day simple moving average of $202.75. 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 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 business had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. During the same period in the prior year, the company earned $3.14 earnings per share. The firm's revenue for the quarter was up 31.4% on a year-over-year basis. Equities research analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Capital One Financial from $215.00 to $224.00 and gave the company a "hold" rating in a research note on Thursday, October 2nd. JPMorgan Chase & Co. reduced their target price on shares of Capital One Financial from $248.00 to $235.00 and set a "neutral" rating for the company in a research note on Tuesday, October 7th. Keefe, Bruyette & Woods upped their price target on shares of Capital One Financial from $248.00 to $260.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Robert W. Baird upped their price target on shares of Capital One Financial from $240.00 to $245.00 and gave the stock an "outperform" rating in a research note on Thursday, October 2nd. Finally, Royal Bank Of Canada upped their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $252.78.

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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