Duncker Streett & Co. Inc. Acquires 12,549 Shares of Capital One Financial Corporation $COF

Key Points

• Duncker Streett & Co. Inc. significantly increased its holdings in Capital One Financial Corporation by 69,716.7% in Q2, acquiring 12,549 additional shares and bringing its total ownership to 12,567 shares worth approximately $2.67 million.
• Capital One reported a strong quarterly earnings performance with $5.48 EPS, exceeding analysts' expectations by $3.55, and its revenue rose by 31.4% year-over-year despite missing estimates.
• The company declared a quarterly dividend of $0.60 per share, resulting in an annualized dividend of $2.40 with a yield of 1.1%, though its payout ratio stands at 123.08%.

Duncker Streett & Co. Inc. grew its holdings in Capital One Financial Corporation (NYSE:COF) by 69,716.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,567 shares of the financial services provider's stock after acquiring an additional 12,549 shares during the period. Duncker Streett & Co. Inc.'s holdings in Capital One Financial were worth $2,674,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in COF. WPG Advisers LLC bought a new stake in shares of Capital One Financial during the 1st quarter worth $25,000. Moisand Fitzgerald Tamayo LLC boosted its holdings in shares of Capital One Financial by 103.3% during 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 period. Olistico Wealth LLC boosted its holdings in shares of Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider's stock worth $26,000 after buying an additional 101 shares during the period. Saudi Central Bank bought a new stake in shares of Capital One Financial during the 1st quarter worth $27,000. Finally, RMG Wealth Management LLC bought a new stake in shares of Capital One Financial during the 2nd quarter worth $27,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Trading Up 3.1%

Shares of COF stock opened at $214.08 on Wednesday. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45. The stock has a market cap of $136.91 billion, a price-to-earnings ratio of 109.78, a P/E/G ratio of 0.76 and a beta of 1.18. 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 $219.00 and a 200-day moving average of $202.75.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion during the quarter, compared to analyst estimates of $12.72 billion. During the same quarter in the prior year, the company posted $3.14 EPS. The company's quarterly revenue was up 31.4% compared to the same quarter last year. On average, equities research analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

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 currently 123.08%.

Analyst Ratings Changes

COF has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Capital One Financial from $248.00 to $235.00 and set a "neutral" rating for the company in a report on Tuesday, October 7th. The Goldman Sachs Group decreased their price objective on shares of Capital One Financial from $276.00 to $266.00 and set a "buy" rating for the company in a report on Friday, October 3rd. TD Cowen upped their price objective on shares of Capital One Financial from $258.00 to $261.00 and gave the stock a "buy" rating in a report on Monday, October 6th. Royal Bank Of Canada upped their price objective 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. Finally, Barclays increased their price target on shares of Capital One Financial from $253.00 to $257.00 and gave the company an "overweight" rating in a report on Monday, October 6th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $252.78.

Insider Activity

In related news, CAO Timothy P. Golden sold 207 shares of the stock in a transaction dated Tuesday, August 19th. The shares were 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 owned 8,780 shares in the company, valued at $1,891,299.80. This trade represents a 2.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Robert M. Alexander sold 10,114 shares of the stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the sale, the insider owned 68,707 shares of the company's stock, valued at $15,655,577.02. This trade represents a 12.83% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 23,298 shares of company stock worth $5,103,824. Company insiders own 1.26% of the company's stock.

About Capital One Financial

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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