Eagle Bluffs Wealth Management LLC Makes New Investment in Capital One Financial Corporation $COF

Key Points

• Eagle Bluffs Wealth Management LLC has acquired 13,309 shares of Capital One Financial Corporation, valued at approximately $2.83 million, representing 1.3% of their total holdings.
• Capital One reported an earnings per share (EPS) of $5.48 for the last quarter, significantly exceeding the consensus estimate of $1.93.
• The firm recently declared a quarterly dividend of $0.60 per share, resulting in a 1.1% dividend yield despite a high payout ratio of 123.08%.

Eagle Bluffs Wealth Management LLC acquired a new position in Capital One Financial Corporation (NYSE:COF - Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The fund acquired 13,309 shares of the financial services provider's stock, valued at approximately $2,832,000. Capital One Financial makes up 1.3% of Eagle Bluffs Wealth Management LLC's holdings, making the stock its 27th biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. lifted its holdings in 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 buying an additional 9,374 shares in the last quarter. Plancorp LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at about $272,000. Creative Financial Designs Inc. ADV raised its stake in shares of Capital One Financial by 105.3% in 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 raised its stake in shares of Capital One Financial by 15.3% in 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. Finally, Mutual Advisors LLC acquired a new stake in shares of Capital One Financial in the 1st quarter valued at about $215,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $223.33 on Tuesday. The firm's 50 day moving average is $219.43 and its two-hundred day moving average is $200.14. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $232.45. The firm has a market capitalization of $142.82 billion, a P/E ratio of 114.53, a PEG ratio of 0.86 and a beta of 1.17. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47.

Capital One Financial (NYSE:COF - Get Free Report) last announced 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 firm had revenue of $12.49 billion during the quarter, compared to analyst estimates of $12.72 billion. During the same quarter in the previous year, the business posted $3.14 EPS. Capital One Financial's revenue for the quarter was up 31.4% compared to the same quarter last year. Analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on COF shares. Truist Financial upped their target price on shares of Capital One Financial from $260.00 to $270.00 and gave the company a "buy" rating in a research note on Friday, September 12th. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $245.00 to $248.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Citigroup upped their target price on shares of Capital One Financial from $250.00 to $275.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Rothschild & Co Redburn started coverage on shares of Capital One Financial in a research note on Friday, August 1st. They issued a "buy" rating and a $290.00 target price on the stock. Finally, Redburn Atlantic upgraded shares of Capital One Financial to a "strong-buy" rating in a research note on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $241.06.

Insider Activity at Capital One Financial

In other news, CAO Timothy P. Golden sold 3,462 shares of the 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 completion of the transaction, the chief accounting officer directly owned 8,987 shares in the company, valued at $1,889,786.36. This trade represents a 27.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction, the insider owned 27,364 shares of the company's stock, valued at $5,735,220.76. This trade represents a 16.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,298 shares of company stock valued at $4,679,844. Insiders own 1.26% of the company's stock.

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.

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