Partners Capital Investment Group LLP Acquires Shares of 13,933 Capital One Financial Corporation $COF

Key Points

• Partners Capital Investment Group initiated a position in Capital One Financial by acquiring 13,933 shares valued at approximately $2.8 million. Institutional investors collectively own 89.84% of the company.
• Analysts remain broadly positive, with 21 Buy ratings and three Holds, producing a consensus “Moderate Buy” rating and an average price target of $259.14.
• Capital One reported quarterly EPS of $5.81, beating estimates by $1.02, while revenue rose 26.9% year over year to $15.83 billion. The company also declared a quarterly dividend of $0.80 per share, representing a 1.5% annualized yield.

Partners Capital Investment Group LLP acquired a new position in Capital One Financial Corporation (NYSE:COF - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 13,933 shares of the financial services provider's stock, valued at approximately $2,795,000.

A number of other institutional investors have also recently made changes to their positions in the business. Evolution Wealth Management Inc. increased its stake in Capital One Financial by 529.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider's stock worth $26,000 after acquiring an additional 90 shares during the last quarter. VSM Wealth Advisory LLC bought a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $27,000. Cherry Tree Wealth Management LLC lifted its stake in shares of Capital One Financial by 1,312.5% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider's stock valued at $27,000 after purchasing an additional 105 shares during the last quarter. Osterweis Capital Management Inc. purchased a new position in shares of Capital One Financial in the 4th quarter worth approximately $29,000. Finally, CrossGen Wealth LLC purchased a new position in shares of Capital One Financial in the 4th quarter worth approximately $30,000. Institutional investors own 89.84% of the company's stock.

Analyst Upgrades and Downgrades

COF has been the topic of several analyst reports. Barclays cut their target price on Capital One Financial from $242.00 to $240.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 22nd. HSBC raised shares of Capital One Financial from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $226.00 to $229.00 in a research note on Sunday, July 12th. Bank of America cut their price objective on shares of Capital One Financial from $234.00 to $231.00 and set a "buy" rating on the stock in a research report on Thursday, July 9th. TD Cowen reduced their target price on shares of Capital One Financial from $260.00 to $253.00 and set a "buy" rating on the stock in a research note on Tuesday, July 7th. Finally, Citigroup lowered their target price on shares of Capital One Financial from $310.00 to $295.00 and set a "buy" rating for the company in a report on Tuesday, July 28th. Twenty-one equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Capital One Financial has an average rating of "Moderate Buy" and a consensus target price of $259.14.

Capital One Financial Trading Down 0.7%

COF opened at $216.29 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02. The stock's 50 day moving average price is $209.09 and its 200-day moving average price is $197.97. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. The stock has a market cap of $132.69 billion, a price-to-earnings ratio of 13.38, a P/E/G ratio of 0.80 and a beta of 1.02.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The firm had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. During the same period last year, the company earned $5.48 EPS. Capital One Financial's quarterly revenue was up 26.9% compared to the same quarter last year. On average, equities analysts forecast that Capital One Financial Corporation will post 20.29 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be paid a $0.80 dividend. The ex-dividend date is Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. Capital One Financial's dividend payout ratio (DPR) is presently 19.80%.

Insider Buying and Selling at Capital One Financial

In other news, insider Ravi Raghu sold 9,726 shares of the company's stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $209.78, for a total value of $2,040,320.28. Following the transaction, the insider directly owned 26,328 shares in the company, valued at approximately $5,523,087.84. This represents a 26.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Timothy P. Golden sold 3,487 shares of the company's stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total transaction of $735,757.00. Following the completion of the transaction, the chief accounting officer owned 7,429 shares in the company, valued at approximately $1,567,519. The trade was a 31.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 26,267 shares of company stock valued at $5,617,648. 0.78% of the stock is owned by company insiders.

Capital One Financial Company Profile

Capital One Financial Corporation NYSE: COF is a diversified bank holding company headquartered in McLean, Virginia. The company's core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.

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