Linscomb Wealth Inc. Buys 1,606 Shares of Capital One Financial Corporation $COF

Linscomb Wealth Inc. grew its stake in Capital One Financial Corporation (NYSE:COF) by 6.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,338 shares of the financial services provider’s stock after acquiring an additional 1,606 shares during the period. Linscomb Wealth Inc.’s holdings in Capital One Financial were worth $5,816,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. WPG Advisers LLC bought a new position in shares of Capital One Financial in the 1st quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC grew its holdings 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 valued at $26,000 after acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC grew 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 valued at $26,000 after acquiring an additional 101 shares during the period. Saudi Central Bank bought a new position in shares of Capital One Financial in the 1st quarter valued at about $27,000. Finally, RMG Wealth Management LLC bought a new position in shares of Capital One Financial in the 2nd quarter valued at about $27,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Down 0.2%

Shares of COF stock opened at $218.21 on Friday. The firm has a 50 day moving average price of $219.86 and a two-hundred day moving average price 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. The company has a market capitalization 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. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month 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, topping the consensus estimate of $4.25 by $1.70. The firm had revenue of $15.36 billion during the quarter, compared to the consensus estimate of $15.06 billion. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The business’s revenue for the quarter was up 53.4% compared to the same quarter last year. During the same period last year, the business posted $4.51 earnings per share. As a group, analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on COF. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $235.00 to $237.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Barclays lifted their price objective on shares of Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Evercore ISI lifted their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Tuesday, September 30th. Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a research report on Wednesday, July 23rd. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $261.63.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total value of $423,980.00. Following the completion of the sale, 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Michael Zamsky sold 5,515 shares of the business’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of the sale, the insider directly owned 27,364 shares of the company’s stock, valued at $5,735,220.76. This represents a 16.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 116,670 shares of company stock worth $26,153,969. 1.26% of the stock is currently owned by company insiders.

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.