Capital One Financial Corporation $COF Position Increased by Waverly Advisors LLC

Waverly Advisors LLC grew its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 35.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,493 shares of the financial services provider’s stock after purchasing an additional 4,029 shares during the period. Waverly Advisors LLC’s holdings in Capital One Financial were worth $3,108,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. First Command Advisory Services Inc. grew its position in shares of Capital One Financial by 4.5% during the 4th quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock valued at $259,000 after buying an additional 46 shares during the last quarter. High Note Wealth LLC lifted its holdings in Capital One Financial by 44.9% in the fourth quarter. High Note Wealth LLC now owns 155 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 48 shares during the last quarter. Fiducient Advisors LLC lifted its holdings in Capital One Financial by 4.2% in the fourth quarter. Fiducient Advisors LLC now owns 1,196 shares of the financial services provider’s stock worth $290,000 after acquiring an additional 48 shares during the last quarter. Allen Capital Group LLC boosted its stake in Capital One Financial by 4.2% in the fourth quarter. Allen Capital Group LLC now owns 1,230 shares of the financial services provider’s stock valued at $298,000 after acquiring an additional 50 shares during the period. Finally, Zhang Financial LLC boosted its stake in Capital One Financial by 1.7% in the fourth quarter. Zhang Financial LLC now owns 3,050 shares of the financial services provider’s stock valued at $739,000 after acquiring an additional 50 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Price Performance

Shares of COF opened at $208.29 on Friday. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. The stock’s fifty day moving average is $212.66 and its 200-day moving average is $198.22. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market capitalization of $127.78 billion, a price-to-earnings ratio of 12.89, a price-to-earnings-growth ratio of 0.76 and a beta of 1.02.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, topping the consensus estimate of $4.79 by $1.02. The business had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The company’s quarterly revenue was up 26.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.48 earnings per share. Equities analysts anticipate that Capital One Financial Corporation will post 20.29 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, August 17th. Capital One Financial’s dividend payout ratio is currently 19.80%.

Analysts Set New Price Targets

Several equities analysts have recently commented on COF shares. Wolfe Research upped their target price on Capital One Financial from $255.00 to $275.00 and gave the company an “outperform” rating in a report on Tuesday, August 25th. Barclays reduced their price objective on Capital One Financial from $242.00 to $240.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. TD Cowen lowered their price objective on Capital One Financial from $260.00 to $253.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Bank of America dropped their target price on Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Finally, UBS Group raised their target price on Capital One Financial from $275.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Twenty-one equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $258.91.

Insider Buying and Selling

In other news, insider Lia Dean sold 2,193 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $225.52, for a total value of $494,565.36. Following the completion of the transaction, the insider directly owned 63,261 shares in the company, valued at $14,266,620.72. This trade represents a 3.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Zamsky sold 5,473 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $218.02, for a total transaction of $1,193,223.46. Following the transaction, the insider owned 27,992 shares in the company, valued at $6,102,815.84. This represents a 16.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 29,767 shares of company stock worth $6,366,998. Company insiders own 0.78% of the company’s stock.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company initially built its business as a credit card issuer and has since expanded into consumer banking, commercial banking and payments.

Capital One offers a range of credit card products for consumers and businesses, along with deposit accounts, savings products, auto loans and other consumer lending services. Through its commercial banking operations, the company provides financing, treasury management and related services to commercial real estate clients, middle-market companies and other businesses.

Capital One primarily serves customers in the United States, with additional operations and financial services activities in Canada and the United Kingdom.