Capital One Financial Corporation $COF Stock Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC decreased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 96.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,291 shares of the financial services provider’s stock after selling 391,723 shares during the quarter. Curated Wealth Partners LLC’s holdings in Capital One Financial were worth $3,145,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of COF. Solstein Capital LLC acquired a new stake in shares of Capital One Financial in the second quarter valued at approximately $26,000. Ballast Advisors LLC acquired a new stake in Capital One Financial in the first quarter valued at about $27,000. Gilpin Wealth Management LLC acquired a new stake in shares of Capital One Financial in the 3rd quarter valued at approximately $27,000. Frazier Financial Advisors LLC acquired a new position in shares of Capital One Financial during the first quarter worth $29,000. Finally, Pension & Wealth Management Advisors Inc. bought a new position in Capital One Financial in the second quarter valued at about $31,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 3,500 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $214.10, for a total transaction of $749,350.00. Following the completion of the sale, the general counsel owned 83,194 shares of the company’s stock, valued at $17,811,835.40. This represents a 4.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 2,193 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $225.52, for a total value of $494,565.36. Following the completion of the sale, the insider directly owned 63,261 shares of the company’s stock, valued at $14,266,620.72. The trade was a 3.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 33,850 shares of company stock worth $7,167,152 over the last 90 days. Insiders own 0.78% of the company’s stock.

Analysts Set New Price Targets

COF has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Capital One Financial in a research report on Thursday, August 20th. Wall Street Zen lowered shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. UBS Group boosted their target price on Capital One Financial from $275.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. BMO Capital Markets started coverage on Capital One Financial in a report on Friday, October 9th. They set a “market perform” rating and a $219.00 price objective for the company. Finally, Piper Sandler lifted their price target on Capital One Financial from $254.00 to $260.00 and gave the company an “overweight” rating in a research note on Monday, September 28th. Twenty research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $255.04.

Capital One Financial Stock Performance

NYSE COF traded up $3.22 during trading on Thursday, hitting $197.57. 2,190,062 shares of the company’s stock traded hands, compared to its average volume of 4,624,763. The stock has a market capitalization of $121.21 billion, a price-to-earnings ratio of 12.23, a PEG ratio of 0.73 and a beta of 1.04. The business has a 50 day moving average of $208.80 and a 200-day moving average of $200.06. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating the consensus estimate of $4.79 by $1.02. The firm had revenue of $15.83 billion for the quarter, compared to analysts’ expectations of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%. The company’s revenue was up 26.9% on a year-over-year basis. During the same period in the prior year, the business posted $5.48 earnings per share. As a group, equities research analysts anticipate that Capital One Financial Corporation will post 20.36 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, August 17th. Capital One Financial’s dividend payout ratio (DPR) is presently 19.80%.

Capital One Financial Company Profile

Capital One Financial Corp. is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company provides credit cards, consumer banking products, auto financing and commercial banking services through its Capital One brand.

Capital One offers credit cards for consumers and businesses, checking and savings accounts, certificates of deposit, personal loans and auto loans. Its commercial banking operations serve businesses, institutions and commercial real estate clients with lending, deposit, treasury management and other financial services.

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