Transform Wealth LLC Buys 1,681 Shares of Capital One Financial Co. (NYSE:COF)

Transform Wealth LLC grew its stake in Capital One Financial Co. (NYSE:COF) by 3.1% during the second quarter, Holdings Channel.com reports. The fund owned 56,334 shares of the financial services provider’s stock after purchasing an additional 1,681 shares during the quarter. Transform Wealth LLC’s holdings in Capital One Financial were worth $5,869,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. grew its stake in Capital One Financial by 566.7% in the 1st quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 200 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 170 shares in the last quarter. Rock Creek Group LP grew its stake in Capital One Financial by 287.3% in the 1st quarter. Rock Creek Group LP now owns 213 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 158 shares in the last quarter. Atticus Wealth Management LLC lifted its position in shares of Capital One Financial by 7,200.0% in the 2nd quarter. Atticus Wealth Management LLC now owns 292 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 288 shares during the period. Bank of New Hampshire purchased a new position in Capital One Financial during the first quarter valued at approximately $36,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in Capital One Financial in the fourth quarter worth approximately $38,000. 88.44% of the stock is currently owned by institutional investors.

Insider Transactions at Capital One Financial

In related news, CEO Richard D. Fairbank sold 12,538 shares of the company’s stock in a transaction dated Monday, July 25th. The stock was sold at an average price of $108.79, for a total value of $1,364,009.02. Following the completion of the transaction, the chief executive officer now owns 3,758,863 shares of the company’s stock, valued at approximately $408,926,705.77. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Capital One Financial news, insider Mark Daniel Mouadeb sold 600 shares of the stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of $100.94, for a total transaction of $60,564.00. Following the completion of the transaction, the insider now owns 12,243 shares of the company’s stock, valued at $1,235,808.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Richard D. Fairbank sold 12,538 shares of the stock in a transaction that occurred on Monday, July 25th. The shares were sold at an average price of $108.79, for a total value of $1,364,009.02. Following the transaction, the chief executive officer now directly owns 3,758,863 shares of the company’s stock, valued at approximately $408,926,705.77. The disclosure for this sale can be found here. Insiders have sold 78,928 shares of company stock worth $8,506,721 over the last quarter. 1.27% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on COF. Piper Sandler reduced their price target on Capital One Financial to $125.00 in a research report on Friday, July 22nd. TheStreet lowered Capital One Financial from a “b” rating to a “c+” rating in a research report on Wednesday, June 29th. Citigroup reduced their price target on Capital One Financial from $162.00 to $157.00 and set a “buy” rating for the company in a research report on Monday, July 25th. Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and set a $145.00 price target for the company in a research report on Friday, June 17th. Finally, Morgan Stanley reduced their price target on Capital One Financial from $126.00 to $121.00 and set an “equal weight” rating for the company in a research report on Friday, July 22nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and a consensus price target of $156.93.

Capital One Financial Stock Performance

Capital One Financial stock traded down $2.59 during trading hours on Friday, hitting $92.88. 77,371 shares of the stock traded hands, compared to its average volume of 2,434,489. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.00 and a quick ratio of 1.00. The firm’s 50 day moving average price is $108.03 and its 200-day moving average price is $117.81. The stock has a market capitalization of $35.65 billion, a price-to-earnings ratio of 4.09, a P/E/G ratio of 0.29 and a beta of 1.42. Capital One Financial Co. has a 1 year low of $95.35 and a 1 year high of $174.65.

Capital One Financial (NYSE:COFGet Rating) last issued its earnings results on Thursday, July 21st. The financial services provider reported $4.96 EPS for the quarter, missing analysts’ consensus estimates of $5.11 by ($0.15). Capital One Financial had a return on equity of 17.07% and a net margin of 29.23%. During the same period in the previous year, the company posted $7.71 earnings per share. As a group, equities analysts expect that Capital One Financial Co. will post 20.09 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 19th. Stockholders of record on Monday, August 8th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, August 5th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.58%. Capital One Financial’s payout ratio is 10.54%.

About Capital One Financial

(Get Rating)

Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides 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.

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

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