U.S. Capital Wealth Advisors LLC Has $20.58 Million Stock Position in Capital One Financial Corporation $COF

Key Points

• U.S. Capital Wealth Advisors LLC increased its stake in Capital One Financial Corporation by an astonishing 6,551.2% in Q2, acquiring a total of 96,708 shares valued at approximately $20.58 million.
• Capital One reported $5.48 earnings per share for the last quarter, significantly beating estimates of $1.93, while revenue was up 31.4% year-over-year at $12.49 billion.
• Analysts have raised price targets for Capital One, with Citigroup increasing theirs from $250.00 to $275.00, indicating strong market confidence in the company's performance.

U.S. Capital Wealth Advisors LLC grew its holdings in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 6,551.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 96,708 shares of the financial services provider's stock after buying an additional 95,254 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Capital One Financial were worth $20,576,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in 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 buying an additional 49 shares in the last quarter. TFB Advisors LLC lifted its holdings in shares of Capital One Financial by 3.4% in the first quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider's stock valued at $276,000 after buying an additional 51 shares during the period. Meiji Yasuda Asset Management Co Ltd. lifted its position in shares of Capital One Financial by 0.9% during the 1st 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 acquiring an additional 53 shares during the last quarter. Opal Wealth Advisors LLC increased its stake in Capital One Financial by 3.1% in the 1st quarter. Opal Wealth Advisors LLC now owns 2,155 shares of the financial services provider's stock worth $386,000 after purchasing an additional 64 shares in the last quarter. Finally, MAI Capital Management boosted its holdings in shares of Capital One Financial by 0.7% in the first quarter. MAI Capital Management now owns 8,622 shares of the financial services provider's stock worth $1,546,000 after buying an additional 64 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

NYSE COF traded down $2.84 during trading on Monday, reaching $225.48. 2,565,843 shares of the company's stock were exchanged, compared to its average volume of 2,843,086. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The stock has a market capitalization of $144.20 billion, a P/E ratio of 115.63, a PEG ratio of 0.88 and a beta of 1.17. The business has a 50 day moving average price of $218.78 and a 200-day moving average price of $198.19. 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 (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, topping analysts' consensus estimates of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. During the same quarter last year, the business posted $3.14 EPS. Capital One Financial's revenue for the quarter was up 31.4% on a year-over-year basis. Sell-side analysts forecast 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 dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis 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 is 123.08%.

Insider Activity

In other Capital One Financial news, insider Robert M. Alexander sold 10,114 shares of the business's stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the sale, the insider owned 68,707 shares of the company's stock, valued at approximately $15,655,577.02. The trade was a 12.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Timothy P. Golden sold 207 shares of the business's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total value of $44,589.87. Following the sale, the chief accounting officer owned 8,780 shares in the company, valued at $1,891,299.80. This represents a 2.30% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,298 shares of company stock worth $4,679,844. Insiders own 1.26% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on COF. Truist Financial raised their target price on shares of Capital One Financial from $260.00 to $270.00 and gave the company a "buy" rating in a research note on Friday, September 12th. Royal Bank Of Canada lifted their price target on Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a research report on Wednesday, July 23rd. Redburn Atlantic upgraded shares of Capital One Financial to a "strong-buy" rating in a research note on Friday, August 1st. Keefe, Bruyette & Woods upped their price objective on shares of Capital One Financial from $248.00 to $260.00 and gave the company an "outperform" rating in a research report on Wednesday, July 23rd. Finally, Citigroup upped their target price on shares of Capital One Financial from $250.00 to $275.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four 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 an average target price of $239.44.

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.