Van Strum & Towne Inc. Grows Stock Holdings in Capital One Financial Corporation $COF

Key Points

• Van Strum & Towne Inc. increased its holdings in Capital One Financial by 10.8% during the second quarter, owning 28,048 shares valued at approximately $5.97 million.
• Insiders at Capital One sold a total of 23,298 shares valued at over $5.1 million in the past 90 days, indicating potential shifts in confidence regarding the company's stock.
• Capital One's recent quarterly earnings surpassed expectations, reporting $5.48 EPS against a consensus estimate of $1.93, and year-over-year revenue growth of 31.4%.

Van Strum & Towne Inc. raised its holdings in Capital One Financial Corporation (NYSE:COF - Free Report) by 10.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 28,048 shares of the financial services provider's stock after purchasing an additional 2,727 shares during the quarter. Capital One Financial accounts for approximately 1.9% of Van Strum & Towne Inc.'s investment portfolio, making the stock its 18th biggest holding. Van Strum & Towne Inc.'s holdings in Capital One Financial were worth $5,967,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. WPG Advisers LLC purchased a new stake in shares of Capital One Financial in the first quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC boosted its position 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 worth $26,000 after purchasing an additional 62 shares in the last quarter. Olistico Wealth LLC boosted its position in Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider's stock worth $26,000 after purchasing an additional 101 shares in the last quarter. Saudi Central Bank purchased a new stake in Capital One Financial in the 1st quarter worth approximately $27,000. Finally, RMG Wealth Management LLC purchased a new stake in Capital One Financial in the 2nd quarter worth approximately $27,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 5,515 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $209.59, for a total value of $1,155,888.85. Following the transaction, the insider directly owned 27,364 shares of the company's stock, valued at $5,735,220.76. This trade represents a 16.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Timothy P. Golden sold 3,462 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total transaction of $727,989.36. Following the completion of the transaction, the chief accounting officer directly owned 8,987 shares in the company, valued at $1,889,786.36. This trade represents a 27.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 23,298 shares of company stock valued at $5,103,824. Company insiders own 1.26% of the company's stock.

Capital One Financial Stock Performance

NYSE COF opened at $202.37 on Friday. The company has a market cap of $129.42 billion, a PE ratio of 103.78, a price-to-earnings-growth ratio of 0.77 and a beta of 1.18. The stock's 50 day simple moving average is $219.02 and its 200-day simple moving average is $202.11. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45. 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 quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, beating analysts' consensus estimates of $1.93 by $3.55. The firm had revenue of $12.49 billion during the quarter, compared to analysts' expectations of $12.72 billion. The company's revenue for the quarter was up 31.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.14 EPS. As a group, equities research analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared 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 1.2%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial's dividend payout ratio (DPR) is currently 123.08%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Keefe, Bruyette & Woods increased their price target on shares of Capital One Financial from $248.00 to $260.00 and gave the stock an "outperform" rating in a report 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 stock a "hold" rating in a research note on Thursday, October 2nd. Morgan Stanley increased their price target on Capital One Financial from $261.00 to $267.00 and gave the stock an "overweight" rating in a research report on Monday, September 29th. Rothschild & Co Redburn began coverage on Capital One Financial in a research report on Friday, August 1st. They set a "buy" rating and a $290.00 price target on the stock. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Capital One Financial in a research report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $252.78.

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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