Winthrop Advisory Group LLC Invests $314,000 in Capital One Financial Corporation $COF

Winthrop Advisory Group LLC purchased a new position in Capital One Financial Corporation (NYSE:COF) in the second quarter, Holdings Channel reports. The institutional investor purchased 1,475 shares of the financial services provider’s stock, valued at approximately $314,000.

Several other large investors have also added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Capital One Financial by 18.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,882 shares of the financial services provider’s stock valued at $10,010,000 after acquiring an additional 9,374 shares during the period. Plancorp LLC bought a new position in Capital One Financial in the 2nd quarter valued at $272,000. Creative Financial Designs Inc. ADV boosted its holdings in Capital One Financial by 105.3% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 768 shares of the financial services provider’s stock valued at $138,000 after purchasing an additional 394 shares during the period. Private Advisor Group LLC boosted its holdings in Capital One Financial by 15.3% in the 1st quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider’s stock valued at $1,776,000 after purchasing an additional 1,312 shares during the period. Finally, Mutual Advisors LLC bought a new stake in Capital One Financial during the first quarter valued at $215,000. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on COF shares. Wall Street Zen raised Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. JPMorgan Chase & Co. dropped their price target on Capital One Financial from $248.00 to $235.00 and set a “neutral” rating for the company in a research report on Tuesday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Capital One Financial in a research report on Saturday, September 27th. Royal Bank Of Canada lifted their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 23rd. Finally, Wells Fargo & Company lifted their target price on shares of Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Three equities research 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 company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $250.44.

Capital One Financial Trading Down 0.2%

Shares of COF opened at $213.39 on Wednesday. The firm has a market cap of $136.46 billion, a price-to-earnings ratio of 109.43, a PEG ratio of 0.79 and a beta of 1.18. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The firm has a 50 day moving average price of $219.29 and a 200-day moving average price of $201.70.

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 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 the consensus estimate of $12.72 billion. The business’s revenue for the quarter was up 31.4% on a year-over-year basis. During the same period in the prior year, the firm earned $3.14 earnings per share. As a group, equities research analysts forecast 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. Stockholders of record on Friday, August 15th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial’s payout ratio is 123.08%.

Insider Buying and Selling

In related news, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the completion of the sale, the general counsel directly owned 98,486 shares in the company, valued at $20,878,047.14. This represents a 1.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Timothy P. Golden sold 207 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total transaction of $44,589.87. Following the sale, the chief accounting officer owned 8,780 shares of the company’s stock, valued at $1,891,299.80. This represents a 2.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 23,298 shares of company stock worth $5,103,824. Company insiders own 1.26% of the company’s stock.

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.