Matrix Asset Advisors Inc. NY Buys 782 Shares of Capital One Financial Corporation $COF

Matrix Asset Advisors Inc. NY raised its stake in Capital One Financial Corporation (NYSE:COF) by 32.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,196 shares of the financial services provider’s stock after acquiring an additional 782 shares during the period. Matrix Asset Advisors Inc. NY’s holdings in Capital One Financial were worth $680,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. WPG Advisers LLC bought a new stake in Capital One Financial in the first quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC grew its position in Capital One Financial by 103.3% in 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 during the period. Olistico Wealth LLC grew its position in Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 101 shares during the period. Saudi Central Bank bought a new stake in Capital One Financial in the first quarter valued at $27,000. Finally, RMG Wealth Management LLC bought a new stake in Capital One Financial in the second quarter valued at $27,000. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Price Performance

Capital One Financial stock opened at $202.37 on Friday. The business’s 50-day simple moving average is $219.02 and its 200 day simple moving average is $202.27. The stock has a market cap of $129.42 billion, a price-to-earnings ratio of 103.78, a P/E/G ratio of 0.74 and a beta of 1.18. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.93 by $3.55. The firm had revenue of $12.49 billion during the quarter, compared to the consensus estimate of $12.72 billion. Capital One Financial’s revenue was up 31.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.14 EPS. As a group, research analysts anticipate 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. Shareholders of record on Friday, August 15th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 annualized dividend and a yield of 1.2%. Capital One Financial’s dividend payout ratio is presently 123.08%.

Insider Buying and Selling

In other Capital One Financial news, insider Robert M. Alexander sold 10,114 shares of the firm’s stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the transaction, the insider owned 68,707 shares in the company, valued at approximately $15,655,577.02. This trade represents a 12.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Zamsky sold 5,515 shares of the firm’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $209.59, for a total value of $1,155,888.85. Following the transaction, the insider owned 27,364 shares in the company, valued at approximately $5,735,220.76. This trade represents a 16.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,298 shares of company stock worth $5,103,824 in the last ninety days. 1.26% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on COF shares. HSBC set a $218.00 price objective on Capital One Financial and gave the stock a “hold” rating in a research note on Friday. Redburn Atlantic raised Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st. JPMorgan Chase & Co. reduced their price objective on Capital One Financial from $248.00 to $235.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 7th. TD Cowen boosted their price objective on Capital One Financial from $258.00 to $261.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Capital One Financial in a research note on Wednesday. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $252.78.

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.