GKV Capital Management Co. Inc. Invests $276,000 in Capital One Financial Corporation $COF

Key Points

• GKV Capital Management Co. Inc. has made a new investment in Capital One Financial Corporation, purchasing 1,540 shares valued at $276,000 during the first quarter.
• Capital One's earnings report for the recent quarter revealed an impressive earnings per share (EPS) of $5.48, significantly exceeding analysts' expectations of $1.93.
• The company recently announced a quarterly dividend of $0.60 per share, with a payout ratio of over 123%, indicating strong return expectations for its investors.

GKV Capital Management Co. Inc. bought a new stake in Capital One Financial Corporation (NYSE:COF - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,540 shares of the financial services provider's stock, valued at approximately $276,000.

A number of other large investors also recently bought and sold shares of the stock. WPG Advisers LLC acquired a new stake in Capital One Financial in the 1st quarter valued at approximately $25,000. Beacon Capital Management LLC boosted its holdings in Capital One Financial by 118.3% during the 1st quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock valued at $32,000 after acquiring an additional 97 shares during the period. Motco boosted its holdings in Capital One Financial by 115.1% during the 1st quarter. Motco now owns 256 shares of the financial services provider's stock valued at $46,000 after acquiring an additional 137 shares during the period. Bogart Wealth LLC increased its stake in Capital One Financial by 1,518.8% during the first quarter. Bogart Wealth LLC now owns 259 shares of the financial services provider's stock worth $46,000 after purchasing an additional 243 shares during the period. Finally, Rossby Financial LCC acquired a new stake in shares of Capital One Financial during the first quarter worth about $48,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Analyst Ratings Changes

COF has been the subject of a number of research reports. Rothschild & Co Redburn started coverage on shares of Capital One Financial in a report on Friday, August 1st. They issued a "buy" rating and a $290.00 price objective for the company. Truist Financial boosted their price target on shares of Capital One Financial from $225.00 to $260.00 and gave the stock a "buy" rating in a research note on Monday, July 28th. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $245.00 to $248.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Keefe, Bruyette & Woods lifted their target price on Capital One Financial from $248.00 to $260.00 and gave the company an "outperform" rating in a report on Wednesday, July 23rd. Finally, Wells Fargo & Company upped their price target on Capital One Financial from $225.00 to $265.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Capital One Financial currently has a consensus rating of "Moderate Buy" and an average target price of $238.81.

Insider Buying and Selling

In related news, CAO Timothy P. Golden sold 207 shares of Capital One Financial stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total transaction of $44,589.87. Following the sale, the chief accounting officer directly 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert M. Alexander sold 10,114 shares of Capital One Financial stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total value of $2,304,576.04. Following the transaction, the insider directly owned 68,707 shares in the company, valued at approximately $15,655,577.02. This trade represents a 12.83% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,298 shares of company stock worth $4,233,044 in the last ninety days. 1.26% of the stock is owned by corporate insiders.

Capital One Financial Stock Up 0.1%

Shares of NYSE:COF traded up $0.29 on Monday, hitting $227.43. 2,551,623 shares of the company's stock were exchanged, compared to its average volume of 3,154,554. Capital One Financial Corporation has a 1-year low of $131.55 and a 1-year high of $232.45. The company has a market capitalization of $145.44 billion, a PE ratio of 116.63, a P/E/G ratio of 0.89 and a beta of 1.17. 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's 50-day moving average is $215.76 and its 200 day moving average is $194.93.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, topping 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. Capital One Financial's revenue for the quarter was up 31.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.14 EPS. Sell-side analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, August 15th. Capital One Financial's dividend payout ratio (DPR) is currently 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.