Junto Capital Management LP Raises Position in Capital One Financial Corporation $COF

Junto Capital Management LP lifted its position in shares of Capital One Financial Corporation (NYSE:COF) by 30.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 294,794 shares of the financial services provider’s stock after acquiring an additional 68,036 shares during the quarter. Junto Capital Management LP’s holdings in Capital One Financial were worth $59,142,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in COF. Evolution Wealth Management Inc. boosted its holdings in Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 90 shares in the last quarter. Solstein Capital LLC purchased a new position in shares of Capital One Financial during the 2nd quarter worth approximately $26,000. VSM Wealth Advisory LLC acquired a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $27,000. Cherry Tree Wealth Management LLC lifted its holdings in shares of Capital One Financial by 1,312.5% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $27,000 after buying an additional 105 shares during the period. Finally, Ballast Advisors LLC purchased a new stake in shares of Capital One Financial in the first quarter valued at approximately $27,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Lia Dean sold 2,193 shares of Capital One Financial stock in a transaction on Monday, August 17th. The stock was sold at an average price of $225.52, for a total transaction of $494,565.36. Following the completion of the transaction, the insider owned 63,261 shares of the company’s stock, valued at $14,266,620.72. The trade was a 3.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Timothy P. Golden sold 3,487 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total transaction of $735,757.00. Following the completion of the sale, the chief accounting officer owned 7,429 shares in the company, valued at $1,567,519. This represents a 31.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 29,767 shares of company stock valued at $6,366,998. Company insiders own 0.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Wall Street Zen lowered Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Bank of America reduced their target price on Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Piper Sandler started coverage on shares of Capital One Financial in a research report on Monday, June 29th. They set an “overweight” rating and a $254.00 target price on the stock. UBS Group upped their price target on shares of Capital One Financial from $275.00 to $280.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Finally, JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $215.00 to $245.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Twenty-one investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.91.

View Our Latest Stock Report on COF

Capital One Financial Price Performance

Shares of NYSE:COF opened at $211.29 on Thursday. The firm has a market capitalization of $129.62 billion, a price-to-earnings ratio of 13.07, a price-to-earnings-growth ratio of 0.79 and a beta of 1.02. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The business’s 50 day simple moving average is $212.56 and its 200-day simple moving average is $198.16. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64.

Capital One Financial (NYSE:COFGet Free Report) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating the consensus estimate of $4.79 by $1.02. The firm had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.Capital One Financial’s quarterly revenue was up 26.9% on a year-over-year basis. During the same period last year, the business posted $5.48 EPS. As a group, equities analysts forecast that Capital One Financial Corporation will post 20.29 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were given a $0.80 dividend. The ex-dividend date was Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. Capital One Financial’s dividend payout ratio (DPR) is currently 19.80%.

Capital One Financial Company Profile

(Free Report)

Capital One Financial Corporation (NYSE: COF) is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company initially built its business as a credit card issuer and has since expanded into consumer banking, commercial banking and payments.

Capital One offers a range of credit card products for consumers and businesses, along with deposit accounts, savings products, auto loans and other consumer lending services. Through its commercial banking operations, the company provides financing, treasury management and related services to commercial real estate clients, middle-market companies and other businesses.

Capital One primarily serves customers in the United States, with additional operations and financial services activities in Canada and the United Kingdom.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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