Founders Grove Wealth Partners LLC Purchases 123 Shares of Capital One Financial Corporation $COF

Founders Grove Wealth Partners LLC increased its position in Capital One Financial Corporation (NYSE:COF) by 10.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,347 shares of the financial services provider’s stock after purchasing an additional 123 shares during the quarter. Founders Grove Wealth Partners LLC’s holdings in Capital One Financial were worth $287,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. WPG Advisers LLC bought a new position in Capital One Financial in the first quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC boosted its position in 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 acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC boosted its position in Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 101 shares in the last quarter. Saudi Central Bank bought a new stake in Capital One Financial during the 1st quarter valued at $27,000. Finally, RMG Wealth Management LLC bought a new stake in Capital One Financial during the 2nd quarter valued at $27,000. Institutional investors own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In related news, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total value of $423,980.00. Following the completion of the transaction, the general counsel owned 98,486 shares in the company, valued at $20,878,047.14. This trade represents a 1.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Michael Zamsky sold 5,515 shares of the firm’s stock in a transaction on Monday, August 4th. The stock was sold at an average price of $209.59, for a total value of $1,155,888.85. Following the completion of the transaction, the insider owned 27,364 shares of the company’s stock, valued at $5,735,220.76. This trade represents a 16.77% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 23,298 shares of company stock worth $5,103,824. Insiders own 1.26% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF stock opened at $207.55 on Tuesday. The firm has a market capitalization of $132.73 billion, a price-to-earnings ratio of 106.44, a price-to-earnings-growth ratio of 0.74 and a beta of 1.18. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02. The business has a fifty day moving average of $218.96 and a 200 day moving average of $202.67. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45.

Capital One Financial (NYSE:COF) last issued its 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 analysts’ expectations of $12.72 billion. The business’s revenue was up 31.4% on a year-over-year basis. During the same quarter last year, the business earned $3.14 EPS. As a group, research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current 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 paid a $0.60 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.2%. Capital One Financial’s dividend payout ratio (DPR) is 123.08%.

Analyst Upgrades and Downgrades

COF has been the topic of several recent research reports. TD Cowen increased their target price on Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Truist Financial increased their target price 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. Deutsche Bank Aktiengesellschaft increased their target price on Capital One Financial from $215.00 to $224.00 and gave the company a “hold” rating in a research report on Thursday, October 2nd. Wells Fargo & Company increased their target price on Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Finally, Royal Bank Of Canada increased their target price on 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. Three 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, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $252.78.

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.