Community Bank of Raymore Buys New Position in Capital One Financial Corporation $COF

Community Bank of Raymore purchased a new position in shares of Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 1,416 shares of the financial services provider’s stock, valued at approximately $301,000.

Several other large investors have also recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC raised its stake in shares of Capital One Financial by 588,668.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock worth $24,988,129,000 after acquiring an additional 117,427,549 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Capital One Financial by 1.6% during the first quarter. Vanguard Group Inc. now owns 32,250,923 shares of the financial services provider’s stock worth $5,782,590,000 after acquiring an additional 506,105 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Capital One Financial by 23.7% during the first quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider’s stock worth $889,519,000 after acquiring an additional 950,415 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Capital One Financial by 18.2% during the first quarter. Goldman Sachs Group Inc. now owns 4,766,573 shares of the financial services provider’s stock worth $854,647,000 after acquiring an additional 734,939 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Capital One Financial by 45.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,677,128 shares of the financial services provider’s stock worth $838,609,000 after acquiring an additional 1,454,595 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Capital One Financial

In related news, insider Michael Zamsky sold 5,515 shares of Capital One Financial stock in a transaction on Monday, August 4th. The shares were sold at an average price of $209.59, for a total value of $1,155,888.85. Following the sale, the insider owned 27,364 shares in the company, valued at $5,735,220.76. The trade was a 16.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial 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 owned 98,486 shares in the company, valued at approximately $20,878,047.14. This trade represents a 1.99% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 23,298 shares of company stock worth $5,103,824. 1.26% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on COF shares. Truist Financial lifted their price target on shares of Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. HSBC set a $218.00 price target on shares of Capital One Financial and gave the stock a “hold” rating in a research note on Friday, October 10th. Rothschild & Co Redburn started coverage on shares of Capital One Financial in a report on Friday, August 1st. They issued a “buy” rating and a $290.00 target price on the stock. Evercore ISI raised their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a report on Tuesday, September 30th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Capital One Financial from $215.00 to $224.00 and gave the stock a “hold” rating in a report on Thursday, October 2nd. Three 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 stock. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average price target of $252.78.

Capital One Financial Stock Up 4.0%

Shares of Capital One Financial stock opened at $211.25 on Monday. The stock has a market capitalization of $135.10 billion, a price-to-earnings ratio of 108.33, a P/E/G ratio of 0.76 and a beta of 1.18. The company’s 50 day moving average price is $219.01 and its 200-day moving average price is $203.65. 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.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, beating the consensus estimate of $1.93 by $3.55. The company had revenue of $12.49 billion during the quarter, compared to the consensus estimate 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 firm earned $3.14 EPS. Equities research analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a $0.60 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.40 annualized dividend and a yield of 1.1%. Capital One Financial’s payout ratio is 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.