CW Advisors LLC Acquires 2,062 Shares of Capital One Financial Corporation $COF

Key Points

• CW Advisors LLC increased its holdings in Capital One Financial by 6.8%, bringing its total ownership to approximately $5.80 million as of the latest SEC filing.
• Capital One Financial reported a quarterly earnings per share of $5.48, surpassing analyst expectations of $1.93, and experienced a 31.4% year-over-year revenue growth.
• The company declared a quarterly dividend of $0.60 per share, with a payout ratio of 123.08%, indicating a balanced return to shareholders amid significant growth.

CW Advisors LLC increased its holdings in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 6.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,323 shares of the financial services provider's stock after buying an additional 2,062 shares during the period. CW Advisors LLC's holdings in Capital One Financial were worth $5,798,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Capital One Financial by 18.6% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,882 shares of the financial services provider's stock worth $10,010,000 after purchasing an additional 9,374 shares during the period. Creative Financial Designs Inc. ADV increased its stake in Capital One Financial by 105.3% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 768 shares of the financial services provider's stock valued at $138,000 after purchasing an additional 394 shares in the last quarter. Private Advisor Group LLC increased its stake in Capital One Financial by 15.3% during the 1st quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider's stock valued at $1,776,000 after purchasing an additional 1,312 shares in the last quarter. Mutual Advisors LLC bought a new stake in shares of Capital One Financial in the 1st quarter worth $215,000. Finally, Lansforsakringar Fondforvaltning AB publ bought a new stake in shares of Capital One Financial in the 4th quarter worth $91,780,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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 value 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 approximately $5,735,220.76. This represents a 16.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Timothy P. Golden sold 207 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the completion of the sale, the chief accounting officer directly owned 8,780 shares of the company's stock, valued at $1,891,299.80. This represents a 2.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 19,298 shares of company stock valued at $4,233,044 in the last quarter. 1.26% of the stock is currently owned by insiders.

Capital One Financial Stock Performance

Shares of NYSE COF traded up $0.09 during midday trading on Wednesday, hitting $225.01. 2,520,547 shares of the company's stock traded hands, compared to its average volume of 4,387,023. Capital One Financial Corporation has a 1 year low of $131.55 and a 1 year high of $232.45. The stock has a market capitalization of $143.90 billion, a price-to-earnings ratio of 115.39, a price-to-earnings-growth ratio of 0.86 and a beta of 1.16. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a fifty day moving average of $214.03 and a 200 day moving average of $194.35.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly 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 analysts' expectations of $12.72 billion. During the same period in the previous year, the company earned $3.14 EPS. Capital One Financial's revenue for the quarter was up 31.4% compared to the same quarter last year. On average, analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on COF. Barclays reissued an "overweight" rating and issued a $253.00 price target (up from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Bank of America lifted their price target on shares of Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. Keefe, Bruyette & Woods lifted 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. Rothschild & Co Redburn assumed coverage on shares of Capital One Financial in a report on Friday, August 1st. They issued a "buy" rating and a $290.00 target price on the stock. Finally, Wells Fargo & Company lifted their price target on shares of Capital One Financial from $225.00 to $265.00 and gave the company an "overweight" rating in a report on Friday, July 25th. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $238.81.

Capital One Financial Company 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.