Winthrop Advisory Group LLC Purchases Shares of 1,475 Capital One Financial Corporation $COF

Key Points

• Winthrop Advisory Group LLC acquired a new stake in Capital One Financial Corporation by purchasing 1,475 shares valued at approximately $314,000 in the second quarter.
• Capital One reported $5.48 earnings per share in its last quarterly earnings, significantly surpassing analysts' expectations of $1.93.
• The company announced a quarterly dividend of $0.60 per share, with a current dividend yield of 1.1%, despite having a high dividend payout ratio of 123.08%.

Winthrop Advisory Group LLC purchased a new stake in Capital One Financial Corporation (NYSE:COF - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,475 shares of the financial services provider's stock, valued at approximately $314,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of COF. WPG Advisers LLC bought a new stake in shares of Capital One Financial during the first quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC increased its holdings in shares of Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider's stock valued at $26,000 after acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC increased its stake in Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 101 shares in the last quarter. Saudi Central Bank bought a new stake in Capital One Financial during the 1st quarter valued at $27,000. Finally, RMG Wealth Management LLC bought a new stake in Capital One Financial during the 2nd quarter valued at $27,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Down 0.2%

Shares of NYSE:COF opened at $213.39 on Wednesday. The company has a market capitalization of $136.46 billion, a PE ratio of 109.43, a price-to-earnings-growth ratio of 0.79 and a beta of 1.18. 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 business has a fifty day moving average price of $219.29 and a two-hundred day moving average price of $201.70. 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 quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion during the quarter, compared to the consensus estimate of $12.72 billion. The firm's revenue for the quarter was up 31.4% compared to the same quarter last year. During the same quarter last year, the company earned $3.14 EPS. Analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given 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 currently 123.08%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Barclays boosted their target price on shares of Capital One Financial from $253.00 to $257.00 and gave the stock an "overweight" rating in a research report on Monday. Redburn Atlantic raised Capital One Financial to a "strong-buy" rating in a report on Friday, August 1st. Truist Financial boosted their price objective on Capital One Financial from $260.00 to $270.00 and gave the stock a "buy" rating in a report on Friday, September 12th. Wall Street Zen upgraded Capital One Financial from a "hold" rating to a "buy" rating in a report on Friday, September 26th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Capital One Financial in a report on Saturday, September 27th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $250.44.

Insider Activity at Capital One Financial

In other news, CAO Timothy P. Golden sold 3,462 shares of the stock in a transaction 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 owned 8,987 shares in the company, valued at approximately $1,889,786.36. This represents a 27.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert M. Alexander sold 10,114 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total value of $2,304,576.04. Following the transaction, the insider owned 68,707 shares of the company's stock, valued at $15,655,577.02. The trade was a 12.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold 23,298 shares of company stock valued at $5,103,824 over the last quarter. 1.26% of the stock is currently owned by insiders.

Capital One Financial 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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