1,120 Shares in Capital One Financial Corporation $COF Acquired by Lantz Financial LLC

Key Points

• Lantz Financial LLC invested $238,000 in Capital One Financial Corporation, acquiring 1,120 shares during the 2nd quarter.
• Capital One Financial's shares are currently experiencing a 0.7% decline and have a market cap of $145.89 billion, with a 52-week low of $143.22 and a high of $232.45.
• Several analyst upgrades have occurred, with a consensus rating of "Moderate Buy" and target prices ranging from $239.44 to $275.00.

Lantz Financial LLC purchased a new position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,120 shares of the financial services provider's stock, valued at approximately $238,000.

Other hedge funds have also recently added to or reduced their stakes in the company. AA Financial Advisors LLC lifted its position in shares of Capital One Financial by 17.8% in the 2nd quarter. AA Financial Advisors LLC now owns 2,182 shares of the financial services provider's stock worth $464,000 after acquiring an additional 329 shares during the period. Essex Savings Bank lifted its position in shares of Capital One Financial by 32.5% in the 2nd quarter. Essex Savings Bank now owns 1,514 shares of the financial services provider's stock worth $322,000 after acquiring an additional 371 shares during the period. SeaCrest Wealth Management LLC bought a new stake in shares of Capital One Financial in the 2nd quarter worth approximately $324,000. Diversified Trust Co lifted its position in shares of Capital One Financial by 10.9% in the 2nd quarter. Diversified Trust Co now owns 17,456 shares of the financial services provider's stock worth $3,714,000 after acquiring an additional 1,720 shares during the period. Finally, Assenagon Asset Management S.A. lifted its position in shares of Capital One Financial by 1,577.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 773,281 shares of the financial services provider's stock worth $164,523,000 after acquiring an additional 727,177 shares during the period. Institutional investors own 89.84% of the company's stock.

Insiders Place Their Bets

In other news, insider Michael Zamsky sold 5,515 shares of the firm's stock in a transaction dated Monday, August 4th. The stock was 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 in the company, valued at $5,735,220.76. This trade represents a 16.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Timothy P. Golden sold 207 shares of the firm's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total value of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares of the company's stock, valued at approximately $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. In the last 90 days, insiders have sold 21,298 shares of company stock valued at $4,679,844. 1.26% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. TD Cowen raised Capital One Financial from a "hold" rating to a "buy" rating and increased their target price for the stock from $184.00 to $258.00 in a report on Tuesday, July 8th. Royal Bank Of Canada increased their target price on Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 23rd. JPMorgan Chase & Co. increased their target price on Capital One Financial from $245.00 to $248.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Rothschild & Co Redburn began coverage on Capital One Financial in a report on Friday, August 1st. They set a "buy" rating and a $290.00 price target for the company. Finally, Truist Financial raised their price target on Capital One Financial from $260.00 to $270.00 and gave the company a "buy" rating in a report on Friday, September 12th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $239.44.

Capital One Financial Price Performance

COF traded down $2.11 during trading on Tuesday, hitting $223.30. 1,618,710 shares of the stock traded hands, compared to its average volume of 4,248,060. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $232.45. The company has a market cap of $142.81 billion, a price-to-earnings ratio of 114.56, a PEG ratio of 0.88 and a beta of 1.17. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. The business has a 50 day moving average price of $218.78 and a 200 day moving average price of $198.19.

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 EPS for the quarter, beating the consensus estimate of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. The firm's revenue for the quarter was up 31.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.14 earnings per share. 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, August 15th. 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.