REAP Financial Group LLC Acquires 151 Shares of Capital One Financial Corporation $COF

REAP Financial Group LLC increased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 98.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 304 shares of the financial services provider’s stock after purchasing an additional 151 shares during the period. REAP Financial Group LLC’s holdings in Capital One Financial were worth $65,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of COF. WPG Advisers LLC acquired a new stake in Capital One Financial in the 1st quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC raised its position in Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after buying an additional 62 shares during the last quarter. Olistico Wealth LLC raised its position in Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after buying an additional 101 shares during the last quarter. Saudi Central Bank acquired a new stake in Capital One Financial in the 1st quarter valued at approximately $27,000. Finally, RMG Wealth Management LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at approximately $27,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 0.9%

NYSE:COF opened at $211.79 on Thursday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $135.44 billion, a price-to-earnings ratio of 108.61, a price-to-earnings-growth ratio of 0.79 and a beta of 1.18. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $232.45. The stock’s 50 day moving average price is $219.22 and its two-hundred day moving average price is $201.77.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. The firm’s revenue was up 31.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.14 earnings per share. Equities research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.1%. Capital One Financial’s payout ratio is presently 123.08%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. The Goldman Sachs Group dropped their target price on Capital One Financial from $276.00 to $266.00 and set a “buy” rating on the stock in a research report on Friday, October 3rd. Citigroup lifted their target price on Capital One Financial from $250.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, July 24th. Weiss Ratings reissued a “hold (c-)” rating on shares of Capital One Financial in a research report on Wednesday. Rothschild & Co Redburn assumed coverage on Capital One Financial in a research report on Friday, August 1st. They issued a “buy” rating and a $290.00 target price on the stock. Finally, Wells Fargo & Company boosted their price target on Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $250.44.

Insiders Place Their Bets

In related news, insider Michael Zamsky sold 5,515 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the transaction, the insider directly owned 27,364 shares of the company’s stock, valued at approximately $5,735,220.76. The trade was a 16.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total value of $423,980.00. Following the transaction, the general counsel directly owned 98,486 shares in the company, valued at $20,878,047.14. The trade was a 1.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 23,298 shares of company stock valued at $5,103,824 over the last 90 days. 1.26% of the stock is 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.