Daymark Wealth Partners LLC Boosts Stock Position in Capital One Financial Corporation $COF

Daymark Wealth Partners LLC lifted its holdings in Capital One Financial Corporation (NYSE:COF) by 25.5% in the second quarter, Holdings Channel reports. The firm owned 5,258 shares of the financial services provider’s stock after buying an additional 1,070 shares during the period. Daymark Wealth Partners LLC’s holdings in Capital One Financial were worth $1,119,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC boosted its position in shares of 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 worth $26,000 after purchasing an additional 62 shares in the last quarter. Olistico Wealth LLC boosted its position in shares of Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 101 shares in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its position in shares of 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 worth $27,000 after purchasing an additional 50 shares in the last quarter. RMG Wealth Management LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter worth $27,000. Finally, Solstein Capital LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter worth $28,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on COF. Barclays raised their price objective on Capital One Financial from $257.00 to $271.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Keefe, Bruyette & Woods lifted their price target on Capital One Financial from $248.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 23rd. Royal Bank Of Canada lifted their price target on Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 23rd. Wall Street Zen raised Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Finally, UBS Group decreased their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a report on Tuesday, October 7th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and an average price target of $261.63.

Capital One Financial Stock Performance

Shares of COF stock opened at $218.21 on Friday. The stock has a market cap of $139.55 billion, a PE ratio of 92.07, a price-to-earnings-growth ratio of 0.70 and a beta of 1.18. The business has a 50-day simple moving average of $219.86 and a 200-day simple moving average of $207.06. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.25 by $1.70. The business had revenue of $15.36 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 53.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.51 EPS. On average, equities analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Insider Buying and Selling

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $20,878,047.14. The trade was a 1.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Timothy P. Golden sold 3,462 shares of the business’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $210.28, for a total value of $727,989.36. Following the completion of the transaction, the chief accounting officer directly owned 8,987 shares of the company’s stock, valued at approximately $1,889,786.36. This trade represents a 27.81% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 116,670 shares of company stock worth $26,153,969. Corporate insiders own 1.26% of the company’s stock.

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.