Leelyn Smith LLC Buys New Stake in Capital One Financial Corporation $COF

Leelyn Smith LLC bought a new stake in Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,415 shares of the financial services provider’s stock, valued at approximately $301,000.

Other large investors have also recently added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC increased its position in Capital One Financial by 103.3% in 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 during the period. Olistico Wealth LLC increased its position in Capital One Financial by 439.1% in 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 during the period. Atlantic Edge Private Wealth Management LLC increased its position in 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 period. RMG Wealth Management LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at approximately $27,000. Finally, Signature Resources Capital Management LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at approximately $28,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on COF. JPMorgan Chase & Co. lifted their price target on Capital One Financial from $235.00 to $237.00 and gave the company a “neutral” rating in a research report on Wednesday. Morgan Stanley lifted their price target on Capital One Financial from $267.00 to $272.00 and gave the company an “overweight” rating in a research report on Wednesday. Redburn Atlantic upgraded Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Royal Bank Of Canada lifted their price target 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. Finally, Robert W. Baird lifted their price target on Capital One Financial from $245.00 to $270.00 and gave the company an “outperform” rating in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $260.79.

Insider Activity at Capital One Financial

In related news, CAO Timothy P. Golden sold 207 shares of Capital One Financial 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 completion of the sale, the chief accounting officer owned 8,780 shares of the company’s stock, valued at approximately $1,891,299.80. This trade represents a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 value of $423,980.00. Following the sale, the general counsel directly owned 98,486 shares of the company’s stock, valued at approximately $20,878,047.14. The trade was a 1.99% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,184 shares of company stock valued at $2,799,248. Insiders own 1.26% of the company’s stock.

Capital One Financial Stock Performance

COF opened at $224.93 on Friday. The firm has a market cap of $143.85 billion, a PE ratio of 94.91, a P/E/G ratio of 0.77 and a beta of 1.18. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The business has a fifty day simple moving average of $219.38 and a 200-day simple moving average of $205.25. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share for the quarter, topping the consensus estimate of $4.25 by $1.70. The business had revenue of $15.36 billion during the quarter, compared to analyst estimates of $15.06 billion. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The company’s revenue was up 53.4% compared to the same quarter last year. During the same period last year, the company posted $4.51 EPS. As a group, equities analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial’s dividend payout ratio (DPR) is 101.27%.

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.