V Square Quantitative Management LLC Increases Stake in Capital One Financial Corporation $COF

Key Points

• V Square Quantitative Management LLC has increased its stake in Capital One Financial Corporation by 59.2%, now owning 12,515 shares valued at $2,663,000.
• Several institutions have recently adjusted their positions in Capital One, contributing to institutional ownership of approximately 89.84% of the company's stock.
• Capital One's shares received upgrades from multiple analysts, with price targets now set as high as $290.00, reflecting a positive outlook on the company's future performance.

V Square Quantitative Management LLC increased its position in shares of Capital One Financial Corporation (NYSE:COF) by 59.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,515 shares of the financial services provider's stock after buying an additional 4,652 shares during the period. V Square Quantitative Management LLC's holdings in Capital One Financial were worth $2,663,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in COF. WPG Advisers LLC purchased a new position in Capital One Financial in the first quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC grew its stake in Capital One Financial by 103.3% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 62 shares during the last quarter. Saudi Central Bank purchased a new position in Capital One Financial in the first quarter valued at about $27,000. Signature Resources Capital Management LLC purchased a new position in Capital One Financial in the second quarter valued at about $28,000. Finally, Beacon Capital Management LLC grew its stake in Capital One Financial by 118.3% in the first quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock valued at $32,000 after purchasing an additional 97 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Insider Buying and Selling

In other news, insider Michael Zamsky sold 5,515 shares of the 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 transaction, the insider directly owned 27,364 shares in the company, valued at approximately $5,735,220.76. This represents a 16.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $223.40, for a total value of $446,800.00. Following the transaction, the general counsel owned 100,486 shares of the company's stock, valued at approximately $22,448,572.40. This represents a 1.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,298 shares of company stock valued at $4,679,844 over the last 90 days. Insiders own 1.26% of the company's stock.

Analyst Ratings Changes

Several equities analysts have issued reports on COF shares. Wall Street Zen upgraded Capital One Financial from a "hold" rating to a "buy" rating in a research note on Friday. Rothschild & Co Redburn started coverage on Capital One Financial in a research note on Friday, August 1st. They set a "buy" rating and a $290.00 price target on the stock. Keefe, Bruyette & Woods boosted their price target on Capital One Financial from $248.00 to $260.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Wells Fargo & Company boosted their price target on Capital One Financial from $225.00 to $265.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Finally, Redburn Atlantic upgraded Capital One Financial to a "strong-buy" rating in a research note on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $239.44.

Capital One Financial Trading Up 0.7%

Shares of COF stock opened at $223.97 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. The company has a market cap of $143.23 billion, a price-to-earnings ratio of 114.86, a PEG ratio of 0.86 and a beta of 1.17. The stock has a 50 day simple moving average of $219.28 and a 200-day simple moving average of $199.78. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45.

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 the consensus estimate of $1.93 by $3.55. The business had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. The company's quarterly revenue was up 31.4% compared to the same quarter last year. During the same period in the previous year, the company earned $3.14 earnings per share. On average, equities research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were paid a $0.60 dividend. The ex-dividend date of this dividend 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 dividend payout ratio (DPR) is 123.08%.

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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