MGO One Seven LLC Has $1.51 Million Position in Capital One Financial Corporation $COF

Key Points

• MGO One Seven LLC increased its stake in Capital One Financial by 72.4%, holding 7,090 shares valued at approximately $1.51 million as of the most recent SEC filing.
• Several institutional investors, including Brighton Jones LLC and Wealth Enhancement Advisory Services LLC, have significantly increased their positions in Capital One Financial, indicating strong interest from large shareholders.
• Capital One recently reported a quarterly earnings per share of $5.48, significantly beating the consensus estimate of $1.93 and marking a year-over-year revenue increase of 31.4%.

MGO One Seven LLC boosted its holdings in Capital One Financial Corporation (NYSE:COF - Free Report) by 72.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,090 shares of the financial services provider's stock after buying an additional 2,977 shares during the period. MGO One Seven LLC's holdings in Capital One Financial were worth $1,508,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Brighton Jones LLC boosted its position 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 worth $2,423,000 after purchasing an additional 10,428 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Capital One Financial by 18.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 31,129 shares of the financial services provider's stock worth $5,582,000 after purchasing an additional 4,899 shares in the last quarter. Mission Wealth Management LP bought a new position in shares of Capital One Financial during the first quarter worth $219,000. Janney Montgomery Scott LLC boosted its position in shares of Capital One Financial by 9.6% during the first quarter. Janney Montgomery Scott LLC now owns 98,617 shares of the financial services provider's stock worth $17,682,000 after purchasing an additional 8,651 shares in the last quarter. Finally, Sowell Financial Services LLC bought a new position in shares of Capital One Financial during the first quarter worth $761,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Robert M. Alexander sold 10,114 shares of Capital One Financial stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the sale, the insider directly owned 68,707 shares in the company, valued at approximately $15,655,577.02. The trade was a 12.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 completion of the sale, the chief accounting officer owned 8,780 shares in the company, valued at $1,891,299.80. The trade was a 2.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 23,298 shares of company stock valued at $5,103,824 over the last quarter. 1.26% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

COF has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reduced their price target on shares of Capital One Financial from $248.00 to $235.00 and set a "neutral" rating on the stock in a research report on Tuesday, October 7th. Evercore ISI lifted their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Capital One Financial from $215.00 to $224.00 and gave the stock a "hold" rating in a research report on Thursday, October 2nd. Rothschild & Co Redburn began coverage on shares of Capital One Financial in a research report on Friday, August 1st. They set a "buy" rating and a $290.00 price target on the stock. Finally, Robert W. Baird raised their price objective on shares of Capital One Financial from $240.00 to $245.00 and gave the stock an "outperform" rating in a report on Thursday, October 2nd. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, Capital One Financial presently has a consensus rating of "Moderate Buy" and an average price target of $252.78.

Capital One Financial Trading Up 0.4%

Shares of NYSE:COF opened at $214.98 on Thursday. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $232.45. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. The company's fifty day simple moving average is $219.04 and its 200 day simple moving average is $202.84. The firm has a market cap of $137.48 billion, a price-to-earnings ratio of 110.25, a PEG ratio of 0.77 and a beta of 1.18.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating the consensus estimate 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 previous year, the firm posted $3.14 earnings per share. The firm's quarterly revenue was up 31.4% on a year-over-year basis. As a group, research analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, August 15th. Capital One Financial's 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.

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