Boyd Watterson Asset Management LLC OH Purchases 175 Shares of Capital One Financial Corporation $COF

Boyd Watterson Asset Management LLC OH grew its position in Capital One Financial Corporation (NYSE:COF) by 103.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 344 shares of the financial services provider’s stock after purchasing an additional 175 shares during the quarter. Boyd Watterson Asset Management LLC OH’s holdings in Capital One Financial were worth $73,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Capital One Financial by 18.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,882 shares of the financial services provider’s stock worth $10,010,000 after purchasing an additional 9,374 shares during the period. Plancorp LLC bought a new position in shares of Capital One Financial in the second quarter worth approximately $272,000. Creative Financial Designs Inc. ADV boosted its position in shares of Capital One Financial by 105.3% in the first quarter. Creative Financial Designs Inc. ADV now owns 768 shares of the financial services provider’s stock worth $138,000 after purchasing an additional 394 shares during the period. Private Advisor Group LLC boosted its position in shares of Capital One Financial by 15.3% in the first quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider’s stock worth $1,776,000 after purchasing an additional 1,312 shares during the period. Finally, Mutual Advisors LLC bought a new position in shares of Capital One Financial in the first quarter worth approximately $215,000. 89.84% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CAO Timothy P. Golden sold 207 shares of the stock in a transaction on Tuesday, August 19th. The shares were 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 of the company’s stock, valued at approximately $1,891,299.80. This represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction on 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 directly owned 98,486 shares in the company, valued at approximately $20,878,047.14. This represents a 1.99% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,184 shares of company stock valued at $2,799,248. 1.26% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of research reports. Robert W. Baird upped their target price on shares of Capital One Financial from $245.00 to $270.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Evercore ISI upped their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 30th. Truist Financial upped their target price on shares of Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Wall Street Zen upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. Finally, BTIG Research restated a “buy” rating and set a $264.00 target price on shares of Capital One Financial in a research report on Wednesday, October 22nd. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Capital One Financial Price Performance

Capital One Financial stock opened at $223.59 on Tuesday. The company has a market cap of $142.99 billion, a price-to-earnings ratio of 94.34, a PEG ratio of 0.75 and a beta of 1.18. The firm’s fifty day moving average is $219.53 and its 200 day moving average is $206.17. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share for the quarter, beating the consensus estimate of $4.25 by $1.70. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The business had revenue of $15.36 billion for the quarter, compared to the consensus estimate of $15.06 billion. During the same quarter in the prior year, the firm posted $4.51 earnings per share. The business’s revenue for the quarter was up 53.4% on a year-over-year basis. Sell-side analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

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.