Capital One Financial Corporation $COF Shares Purchased by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC raised its stake in Capital One Financial Corporation (NYSE:COF) by 26.8% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 5,103 shares of the financial services provider’s stock after purchasing an additional 1,078 shares during the period. Crestwood Advisors Group LLC’s holdings in Capital One Financial were worth $1,086,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Moisand Fitzgerald Tamayo LLC increased its holdings 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 buying an additional 62 shares during the last quarter. Olistico Wealth LLC grew its position 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 worth $26,000 after acquiring an additional 101 shares in the last quarter. Atlantic Edge Private Wealth Management LLC increased its holdings in shares of Capital One Financial by 66.7% in the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 50 shares during the last quarter. RMG Wealth Management LLC acquired a new stake in shares of Capital One Financial during the 2nd quarter valued at approximately $27,000. Finally, Solstein Capital LLC bought a new position in Capital One Financial during the second quarter worth $28,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on COF shares. Rothschild & Co Redburn began coverage on shares of Capital One Financial in a research note on Friday, August 1st. They set a “buy” rating and a $290.00 target price for the company. JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $235.00 to $237.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Zacks Research raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. The Goldman Sachs Group increased their price objective on shares of Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Finally, Wells Fargo & Company lifted their target price on Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, CAO Timothy P. Golden sold 3,462 shares of the business’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $210.28, for a total transaction of $727,989.36. Following the sale, the chief accounting officer directly owned 8,987 shares in the company, valued at approximately $1,889,786.36. The trade was a 27.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $219.41, for a total value of $438,820.00. Following the transaction, the general counsel directly owned 96,486 shares of the company’s stock, valued at $21,169,993.26. This represents a 2.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 216,642 shares of company stock valued at $48,274,411. Company insiders own 1.26% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF stock opened at $216.90 on Friday. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market capitalization of $138.71 billion, a price-to-earnings ratio of 91.52, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19. The business has a 50 day simple moving average of $219.47 and a 200 day simple moving average of $209.07.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share for the quarter, beating the consensus estimate of $4.25 by $1.70. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The firm had revenue of $15.36 billion for the quarter, compared to the consensus estimate of $15.06 billion. During the same quarter in the previous year, the business earned $4.51 EPS. The firm’s revenue for the quarter was up 53.4% on a year-over-year basis. On average, equities research analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be given a $0.80 dividend. The ex-dividend date is Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s payout ratio is currently 101.27%.

About Capital One Financial

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.