Evermay Wealth Management LLC Purchases 273 Shares of Capital One Financial Corporation $COF

Evermay Wealth Management LLC boosted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 37.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 993 shares of the financial services provider’s stock after purchasing an additional 273 shares during the period. Evermay Wealth Management LLC’s holdings in Capital One Financial were worth $211,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Moisand Fitzgerald Tamayo LLC lifted its position in shares of 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 increased its stake in shares of Capital One Financial by 439.1% during the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 101 shares during the period. RMG Wealth Management LLC bought a new position in shares of Capital One Financial during the second quarter worth approximately $27,000. Signature Resources Capital Management LLC bought a new position in Capital One Financial during the 2nd quarter worth $28,000. Finally, WPG Advisers LLC bought a new position in Capital One Financial during the 1st quarter worth $25,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on the company. HSBC set a $218.00 price objective on Capital One Financial and gave the stock a “hold” rating in a research note on Friday, October 10th. Robert W. Baird raised their price objective on Capital One Financial from $240.00 to $245.00 and gave the stock an “outperform” rating in a research note on Thursday, October 2nd. Evercore ISI raised their price objective on Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 30th. Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Finally, Truist Financial raised their price objective on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $252.78.

Capital One Financial Trading Up 1.7%

Shares of COF opened at $214.98 on Tuesday. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45. The business’s fifty day moving average is $219.15 and its 200-day moving average is $204.10. 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 firm has a market cap of $137.48 billion, a price-to-earnings ratio of 110.25, a PEG ratio of 0.76 and a beta of 1.18.

Capital One Financial (NYSE:COF) last released its quarterly earnings data 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 firm had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. During the same period last year, the business earned $3.14 EPS. The company’s revenue was up 31.4% compared to the same quarter last year. Equities analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. Capital One Financial’s dividend payout ratio (DPR) is 123.08%.

Insider Transactions at Capital One Financial

In related news, CAO Timothy P. Golden sold 207 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was 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 trade represents a 2.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Robert M. Alexander sold 10,114 shares of the firm’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the sale, the insider directly owned 68,707 shares in the company, valued at approximately $15,655,577.02. This trade represents a 12.83% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,298 shares of company stock worth $5,103,824. 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.