Unison Advisors LLC Grows Stock Holdings in Capital One Financial Corporation $COF

Key Points

• Unison Advisors LLC increased its holdings in Capital One Financial by 157.0% during the second quarter, acquiring an additional 46,980 shares, bringing their total to 76,900 shares valued at approximately $16,361,000.
• Analysts are optimistic about Capital One Financial, with multiple firms raising their target prices; for instance, Keefe, Bruyette & Woods increased their target from $248.00 to $260.00 and rated the stock as "outperform."
• Capital One Financial recently declared a quarterly dividend of $0.60 per share, with a dividend yield of 1.1%, although its current dividend payout ratio stands at 123.08%.

Unison Advisors LLC boosted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 157.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 76,900 shares of the financial services provider's stock after purchasing an additional 46,980 shares during the quarter. Capital One Financial comprises about 1.8% of Unison Advisors LLC's investment portfolio, making the stock its 12th largest position. Unison Advisors LLC's holdings in Capital One Financial were worth $16,361,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Eagle Bay Advisors LLC raised its stake in Capital One Financial by 3.6% during the second quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider's stock valued at $299,000 after purchasing an additional 49 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. raised its stake in Capital One Financial by 0.3% during the second quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider's stock valued at $3,532,000 after purchasing an additional 50 shares in the last quarter. TFB Advisors LLC raised its stake in Capital One Financial by 3.4% during the first quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider's stock valued at $276,000 after purchasing an additional 51 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its stake in Capital One Financial by 0.9% during the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider's stock valued at $1,097,000 after purchasing an additional 53 shares in the last quarter. Finally, tru Independence LLC raised its stake in Capital One Financial by 1.7% during the second quarter. tru Independence LLC now owns 3,202 shares of the financial services provider's stock valued at $681,000 after purchasing an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on COF shares. Keefe, Bruyette & Woods increased their target price on shares of Capital One Financial from $248.00 to $260.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. TD Cowen increased their target price on shares of Capital One Financial from $258.00 to $261.00 and gave the company a "buy" rating in a research note on Monday, October 6th. Royal Bank Of Canada increased their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the company a "sector perform" rating in a research note on Wednesday, July 23rd. Deutsche Bank Aktiengesellschaft increased their target price on shares of Capital One Financial from $215.00 to $224.00 and gave the company a "hold" rating in a research note on Thursday, October 2nd. Finally, Robert W. Baird increased their target price on shares of Capital One Financial from $240.00 to $245.00 and gave the company an "outperform" rating in a research note 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 issued a Hold rating to the stock. According to data from MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and a consensus price target of $252.78.

Capital One Financial Stock Up 4.0%

Shares of Capital One Financial stock opened at $211.25 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45. The firm's 50-day moving average is $219.01 and its two-hundred day moving average is $203.65. The stock has a market cap of $135.10 billion, a price-to-earnings ratio of 108.33, a PEG ratio of 0.76 and a beta of 1.18.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $3.55. The business had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. During the same quarter in the previous year, the company earned $3.14 earnings per share. The firm's revenue was up 31.4% on a year-over-year basis. As a group, research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

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

Insider Activity

In other news, insider Robert M. Alexander sold 10,114 shares of the firm's stock in a transaction dated 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. This trade represents a 12.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the firm's stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the completion of the sale, the general counsel owned 98,486 shares in the company, valued at $20,878,047.14. This represents a 1.99% 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 90 days. 1.26% of the stock is currently owned by corporate insiders.

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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