Roman Butler Fullerton & Co. Acquires 2,324 Shares of Capital One Financial Corporation $COF

Key Points

• Roman Butler Fullerton & Co. increased its holdings in Capital One Financial Corporation by 124.3% in Q2, now owning 4,193 shares valued at $892,000.
• Multiple research firms have rated Capital One Financial with a consensus target price of $259.16, with three analysts giving it a Strong Buy rating.
• Capital One reported strong quarterly earnings with an EPS of $5.95, exceeding estimates and showing a year-over-year revenue increase of 53.4%.

Roman Butler Fullerton & Co. increased its holdings in Capital One Financial Corporation (NYSE:COF) by 124.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,193 shares of the financial services provider's stock after purchasing an additional 2,324 shares during the period. Roman Butler Fullerton & Co.'s holdings in Capital One Financial were worth $892,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. WPG Advisers LLC bought a new stake in shares of Capital One Financial in the 1st quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC boosted its stake in Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider's stock valued at $26,000 after buying an additional 62 shares in the last quarter. Olistico Wealth LLC grew its position in Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider's stock valued at $26,000 after acquiring an additional 101 shares during the period. Saudi Central Bank acquired a new position in Capital One Financial during the first quarter worth $27,000. Finally, RMG Wealth Management LLC bought a new position in shares of Capital One Financial during the second quarter valued at $27,000. Institutional investors own 89.84% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Capital One Financial in a report on Wednesday, October 8th. HSBC set a $218.00 price target on shares of Capital One Financial and gave the company a "hold" rating in a research report on Friday, October 10th. Wall Street Zen raised shares of Capital One Financial from a "hold" rating to a "buy" rating in a research note on Friday, September 26th. The Goldman Sachs Group lifted their target price on shares of Capital One Financial from $266.00 to $276.00 and gave the company a "buy" rating in a research note on Wednesday. Finally, Barclays boosted their target price on Capital One Financial from $257.00 to $271.00 and gave the stock an "overweight" rating in a report on Wednesday. Three equities research 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 company. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and a consensus target price of $259.16.

Capital One Financial Trading Up 1.4%

Shares of NYSE COF opened at $220.17 on Thursday. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45. The company has a 50-day moving average of $219.21 and a two-hundred day moving average of $204.30. The company has a market cap of $140.80 billion, a PE ratio of 92.90, a P/E/G ratio of 0.78 and a beta of 1.18. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, October 21st. The financial services provider reported $5.95 EPS for the quarter, beating the consensus estimate of $4.25 by $1.70. The business had revenue of $15.36 billion for the quarter, compared to analysts' expectations of $15.06 billion. Capital One Financial had a net margin of 2.24% and a return on equity of 12.18%. Capital One Financial's revenue was up 53.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.51 earnings per share. As a group, equities analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial's dividend payout ratio (DPR) is 123.08%.

Insider Activity

In other news, insider Michael Zamsky sold 5,515 shares of the business's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of the sale, the insider owned 27,364 shares in the company, valued at $5,735,220.76. The trade was a 16.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the company's stock in a transaction 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 directly owned 98,486 shares in the company, valued at $20,878,047.14. This trade represents a 1.99% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,184 shares of company stock valued at $2,799,248. Company insiders own 1.26% of the company's stock.

About Capital One Financial

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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