Tiemann Investment Advisors LLC Buys New Shares in Capital One Financial Corporation $COF

Tiemann Investment Advisors LLC acquired a new position in shares of Capital One Financial Corporation (NYSE:COF) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 7,463 shares of the financial services provider’s stock, valued at approximately $1,588,000.

A number of other large investors have also made changes to their positions in the company. WPG Advisers LLC purchased a new stake in Capital One Financial in the 1st quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC lifted its holdings in shares of Capital One Financial by 103.3% during 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 grew its stake in shares of 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 in the last quarter. Saudi Central Bank acquired a new position in Capital One Financial in the first quarter worth approximately $27,000. Finally, RMG Wealth Management LLC acquired a new stake in Capital One Financial in the second quarter valued at approximately $27,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on COF shares. Deutsche Bank Aktiengesellschaft raised their target price on Capital One Financial from $224.00 to $240.00 and gave the company a “hold” rating in a report on Wednesday, October 22nd. Redburn Atlantic raised Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. HSBC raised their price objective on shares of Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a report on Thursday, October 23rd. Finally, Barclays upped their price target on Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Four analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.

Insider Buying and Selling at Capital One Financial

In related news, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $219.41, for a total transaction of $438,820.00. Following the completion of the transaction, the general counsel owned 96,486 shares in the company, valued at approximately $21,169,993.26. This represents a 2.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Richard D. Fairbank sold 103,487 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $220.68, for a total transaction of $22,837,511.16. Following the completion of the transaction, the chief executive officer directly owned 4,001,228 shares of the company’s stock, valued at approximately $882,990,995.04. This trade represents a 2.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 256,380 shares of company stock worth $57,129,478. Company insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

NYSE COF opened at $220.29 on Tuesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45. The business has a 50 day simple moving average of $219.14 and a 200 day simple moving average of $210.19. The stock has a market cap of $140.05 billion, a price-to-earnings ratio of 92.95, a PEG ratio of 0.70 and a beta of 1.19.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 EPS for the quarter. The business had revenue of $15.46 billion for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. Analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date is Monday, November 17th. Capital One Financial’s dividend payout ratio is 135.02%.

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.