Moloney Securities Asset Management LLC Takes $517,000 Position in Capital One Financial Corporation $COF

Key Points

• Moloney Securities Asset Management LLC has acquired a new stake in Capital One Financial Corporation, purchasing 2,429 shares valued at approximately $517,000 during the second quarter.
• Several major investors, including Kingstone Capital Partners and Goldman Sachs Group, have significantly increased their holdings in Capital One Financial, reflecting strong institutional support.
• Capital One recently reported a quarterly EPS of $5.95, surpassing analyst estimates, and announced a quarterly dividend of $0.60 per share, indicating a solid financial performance.

Moloney Securities Asset Management LLC bought a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,429 shares of the financial services provider's stock, valued at approximately $517,000.

Several other large investors have also recently modified their holdings of the stock. Kingstone Capital Partners Texas LLC raised its position in shares of Capital One Financial by 588,668.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider's stock worth $24,988,129,000 after purchasing an additional 117,427,549 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Capital One Financial by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 32,250,923 shares of the financial services provider's stock worth $5,782,590,000 after purchasing an additional 506,105 shares during the last quarter. Bank of New York Mellon Corp raised its position in Capital One Financial by 23.7% in the 1st quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider's stock worth $889,519,000 after buying an additional 950,415 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Capital One Financial by 18.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,766,573 shares of the financial services provider's stock worth $854,647,000 after buying an additional 734,939 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Capital One Financial by 45.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,677,128 shares of the financial services provider's stock valued at $838,609,000 after acquiring an additional 1,454,595 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Insider Activity at Capital One Financial

In related news, CAO Timothy P. Golden sold 3,462 shares of the business's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total transaction of $727,989.36. Following the completion of the transaction, the chief accounting officer directly owned 8,987 shares in the company, valued at approximately $1,889,786.36. The trade was a 27.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the business's stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total value of $423,980.00. Following the transaction, the general counsel owned 98,486 shares of the company's stock, valued at approximately $20,878,047.14. This trade represents a 1.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,184 shares of company stock worth $2,799,248. 1.26% of the stock is owned by company insiders.

Capital One Financial Price Performance

NYSE COF opened at $224.93 on Friday. 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 $143.85 billion, a P/E ratio of 94.91, a PEG ratio of 0.78 and a beta of 1.18. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The company has a 50-day moving average price of $219.38 and a 200-day moving average price of $205.63.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.25 by $1.70. The company had revenue of $15.36 billion during the quarter, compared to the consensus estimate of $15.06 billion. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The firm's revenue was up 53.4% on a year-over-year basis. During the same period in the previous year, the company posted $4.51 EPS. Equities research analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current 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 paid a dividend of $0.60 per share. 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 payout ratio is 101.27%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Truist Financial boosted their price objective on shares of Capital One Financial from $260.00 to $270.00 and gave the company a "buy" rating in a report on Friday, September 12th. The Goldman Sachs Group boosted their price objective on shares of Capital One Financial from $266.00 to $276.00 and gave the company a "buy" rating in a report on Wednesday. UBS Group decreased their price objective on shares of Capital One Financial from $270.00 to $266.00 and set a "buy" rating for the company in a report on Tuesday, October 7th. Morgan Stanley boosted their price objective on shares of Capital One Financial from $267.00 to $272.00 and gave the company an "overweight" rating in a report on Wednesday. Finally, TD Cowen upped their price target on shares of Capital One Financial from $258.00 to $261.00 and gave the company a "buy" rating in a research report on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $260.79.

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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