LVW Advisors LLC Grows Holdings in Capital One Financial Corporation $COF

LVW Advisors LLC lifted its position in shares of Capital One Financial Corporation (NYSE:COF) by 31.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,733 shares of the financial services provider’s stock after buying an additional 416 shares during the quarter. LVW Advisors LLC’s holdings in Capital One Financial were worth $369,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Signature Resources Capital Management LLC bought a new position in shares of Capital One Financial during the 2nd quarter worth $28,000. Diversified Enterprises LLC grew its position in shares of Capital One Financial by 41.2% during the 2nd quarter. Diversified Enterprises LLC now owns 1,792 shares of the financial services provider’s stock worth $381,000 after buying an additional 523 shares in the last quarter. ORG Wealth Partners LLC grew its position in shares of Capital One Financial by 21.5% during the 2nd quarter. ORG Wealth Partners LLC now owns 627 shares of the financial services provider’s stock worth $135,000 after buying an additional 111 shares in the last quarter. Brown Lisle Cummings Inc. grew its position in shares of Capital One Financial by 1,305.9% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 239 shares of the financial services provider’s stock worth $51,000 after buying an additional 222 shares in the last quarter. Finally, Signaturefd LLC grew its position in shares of Capital One Financial by 92.7% during the 2nd quarter. Signaturefd LLC now owns 18,282 shares of the financial services provider’s stock worth $3,890,000 after buying an additional 8,795 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE COF opened at $223.97 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market cap of $143.23 billion, a PE ratio of 114.86, a P/E/G ratio of 0.86 and a beta of 1.17. The business has a 50-day simple moving average of $219.28 and a two-hundred day simple moving average of $199.54. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45.

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

Capital One Financial Announces Dividend

The company 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 123.08%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Royal Bank Of Canada increased their price target on Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 23rd. Truist Financial raised their price objective on Capital One Financial from $260.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Redburn Atlantic raised Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Wall Street Zen raised Capital One Financial from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Keefe, Bruyette & Woods raised their price objective on Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a research report on Wednesday, July 23rd. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and an average price target of $239.44.

Insider Transactions at Capital One Financial

In related news, CAO Timothy P. Golden sold 207 shares of Capital One Financial stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares of the company’s stock, valued at $1,891,299.80. The trade was a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert M. Alexander sold 10,114 shares of Capital One Financial stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total value of $2,304,576.04. Following the sale, the insider directly owned 68,707 shares of the company’s stock, valued at $15,655,577.02. This trade represents a 12.83% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 21,298 shares of company stock worth $4,679,844. 1.26% of the stock is owned by company 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.