Cyndeo Wealth Partners LLC Makes New $676,000 Investment in Capital One Financial Corporation $COF

Cyndeo Wealth Partners LLC bought a new position in shares of Capital One Financial Corporation (NYSE:COF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,175 shares of the financial services provider’s stock, valued at approximately $676,000.

Several other institutional investors have also recently bought and sold shares of the business. L. Roy Papp & Associates LLP bought a new stake in shares of Capital One Financial during the second quarter worth about $203,000. Galvin Gaustad & Stein LLC bought a new stake in shares of Capital One Financial during the second quarter worth about $1,759,000. 3Chopt Investment Partners LLC grew its holdings in shares of Capital One Financial by 41.3% during the second quarter. 3Chopt Investment Partners LLC now owns 12,751 shares of the financial services provider’s stock worth $2,713,000 after purchasing an additional 3,730 shares during the last quarter. Birch Capital Management LLC bought a new stake in shares of Capital One Financial during the second quarter worth about $599,000. Finally, Gilliland Jeter Wealth Management LLC grew its holdings in shares of Capital One Financial by 54.9% during the second quarter. Gilliland Jeter Wealth Management LLC now owns 3,368 shares of the financial services provider’s stock worth $717,000 after purchasing an additional 1,193 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their price target on Capital One Financial from $215.00 to $224.00 and gave the stock a “hold” rating in a report on Thursday, October 2nd. Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Redburn Atlantic upgraded Capital One Financial to a “strong-buy” rating in a report on Friday, August 1st. Truist Financial boosted their price target on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Finally, Morgan Stanley boosted their price target on Capital One Financial from $261.00 to $267.00 and gave the stock an “overweight” rating in a report on Monday, September 29th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and an average price target of $252.78.

Insiders Place Their Bets

In other Capital One Financial news, CAO Timothy P. Golden sold 3,462 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total transaction of $727,989.36. Following the transaction, the chief accounting officer directly owned 8,987 shares in the company, valued at approximately $1,889,786.36. This represents a 27.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert M. Alexander sold 10,114 shares of the stock in a transaction that occurred on 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 transaction, the insider owned 68,707 shares in the company, valued at $15,655,577.02. The trade was a 12.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have 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 currently owned by corporate insiders.

Capital One Financial Stock Down 4.0%

Shares of NYSE COF opened at $202.37 on Friday. The company has a market capitalization of $129.42 billion, a P/E ratio of 103.78, a price-to-earnings-growth ratio of 0.77 and a beta of 1.18. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45. 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’s 50 day moving average price is $219.02 and its 200-day moving average price is $202.11.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The firm had revenue of $12.49 billion during the quarter, compared to analyst estimates of $12.72 billion. The firm’s revenue for the quarter was up 31.4% on a year-over-year basis. During the same quarter last year, the firm posted $3.14 EPS. Equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, August 15th. Capital One Financial’s dividend payout ratio is presently 123.08%.

Capital One Financial Company 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.