Copperwynd Financial LLC Takes $776,000 Position in Capital One Financial Co. (NYSE:COF)

Copperwynd Financial LLC acquired a new stake in shares of Capital One Financial Co. (NYSE:COF) in the second quarter, HoldingsChannel.com reports. The firm acquired 5,124 shares of the financial services provider’s stock, valued at approximately $776,000.

A number of other institutional investors also recently bought and sold shares of COF. Capital Research Global Investors lifted its stake in shares of Capital One Financial by 72.8% in the 1st quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider’s stock worth $3,145,761,000 after purchasing an additional 8,900,241 shares during the period. Eminence Capital LP bought a new position in Capital One Financial in the second quarter worth approximately $127,465,000. Clearbridge Investments LLC boosted its stake in shares of Capital One Financial by 18.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,473,596 shares of the financial services provider’s stock worth $517,184,000 after acquiring an additional 549,665 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of Capital One Financial by 123.4% during the 2nd quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider’s stock valued at $107,016,000 after acquiring an additional 427,000 shares during the period. Finally, Capital World Investors increased its stake in shares of Capital One Financial by 2.1% in the 4th quarter. Capital World Investors now owns 14,991,564 shares of the financial services provider’s stock worth $1,965,761,000 after purchasing an additional 311,696 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

Capital One Financial stock opened at $149.09 on Friday. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $154.18. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The firm’s fifty day moving average is $142.60 and its 200 day moving average is $141.27. The company has a market cap of $56.68 billion, a price-to-earnings ratio of 11.68, a PEG ratio of 1.21 and a beta of 1.44.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The business had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. During the same period in the previous year, the business posted $3.52 EPS. The firm’s revenue was up 5.5% on a year-over-year basis. Sell-side analysts forecast that Capital One Financial Co. will post 12.91 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial’s dividend payout ratio is currently 18.79%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the business’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares in the company, valued at $11,060,100. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the transaction, the chief executive officer now owns 40,934 shares in the company, valued at $5,438,491.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the sale, the insider now owns 73,734 shares in the company, valued at $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

COF has been the topic of several analyst reports. BTIG Research assumed coverage on Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating on the stock. Evercore ISI cut their price objective on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. Royal Bank of Canada restated a “sector perform” rating and set a $150.00 target price on shares of Capital One Financial in a research note on Thursday, July 25th. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and upped their price target for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. Finally, Citigroup assumed coverage on shares of Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $147.21.

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.