Cypress Financial Planning LLC Purchases Shares of 22,801 Capital One Financial Corporation $COF

Key Points

• Cypress Financial Planning LLC has acquired 22,801 shares of Capital One Financial, valued at approximately $4.85 million, making this stock the company's 16th largest position.
• During the second quarter, other institutional investors, including Diamond Hill Capital Management and Goldman Sachs Group, significantly increased their holdings in Capital One Financial, which now has 89.84% of its stock owned by institutional investors.
• Capital One Financial reported earnings per share of $5.48 for the last quarter, significantly beating the consensus estimate of $1.93, while also declaring a quarterly dividend of $0.60 per share.

Cypress Financial Planning LLC acquired a new stake in shares of Capital One Financial Corporation (NYSE:COF - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,801 shares of the financial services provider's stock, valued at approximately $4,851,000. Capital One Financial comprises about 1.6% of Cypress Financial Planning LLC's portfolio, making the stock its 16th largest holding.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC increased its stake in shares of Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock valued at $2,423,000 after purchasing an additional 10,428 shares in the last quarter. State of Wyoming bought a new position in shares of Capital One Financial during the fourth quarter valued at approximately $187,000. Woodline Partners LP bought a new position in shares of Capital One Financial during the fourth quarter valued at approximately $4,085,000. Williams Jones Wealth Management LLC. bought a new position in shares of Capital One Financial during the fourth quarter valued at approximately $227,000. Finally, Waverly Advisors LLC bought a new position in shares of Capital One Financial during the fourth quarter valued at approximately $347,000. 89.84% of the stock is owned by institutional investors.

Insider Buying and Selling at Capital One Financial

In related news, insider Michael Zamsky sold 5,515 shares of the firm's stock in a transaction 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 sale, the insider owned 27,364 shares in the company, valued at approximately $5,735,220.76. This trade represents a 16.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $223.40, for a total transaction of $446,800.00. Following the transaction, the general counsel directly owned 100,486 shares in the company, valued at approximately $22,448,572.40. The trade was a 1.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,298 shares of company stock worth $4,679,844 over the last ninety days. 1.26% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have recently commented on COF. Wall Street Zen cut shares of Capital One Financial from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Citigroup raised their target price on shares of Capital One Financial from $250.00 to $275.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Royal Bank Of Canada raised their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 23rd. 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. Finally, Barclays restated an "overweight" rating and set a $253.00 target price (up previously from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $239.44.

Capital One Financial Stock Down 1.2%

NYSE:COF traded down $2.84 during midday trading on Monday, reaching $225.48. 2,565,499 shares of the stock traded hands, compared to its average volume of 4,262,491. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. The business has a 50-day moving average of $218.68 and a two-hundred day moving average of $197.82. 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 stock has a market capitalization of $144.20 billion, a PE ratio of 115.63, a price-to-earnings-growth ratio of 0.88 and a beta of 1.17.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, beating analysts' consensus estimates of $1.93 by $3.55. The firm 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. The company's revenue was up 31.4% on a year-over-year basis. On average, equities 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 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 was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.1%. Capital One Financial's dividend payout ratio is presently 123.08%.

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.