Capital One Financial Co. (NYSE:COF) Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC grew its position in shares of Capital One Financial Co. (NYSE:COF) by 3.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,048 shares of the financial services provider’s stock after acquiring an additional 179 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Capital One Financial were worth $699,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. LRI Investments LLC acquired a new position in Capital One Financial during the 1st quarter valued at about $25,000. Silicon Valley Capital Partners acquired a new position in shares of Capital One Financial during the first quarter worth approximately $25,000. Y.D. More Investments Ltd bought a new position in Capital One Financial in the 2nd quarter worth approximately $28,000. Hobbs Group Advisors LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at approximately $29,000. Finally, Rise Advisors LLC bought a new stake in Capital One Financial during the 1st quarter valued at $33,000. Institutional investors own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

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

Capital One Financial Stock Up 5.2 %

COF stock opened at $153.05 on Friday. The company has a 50 day moving average of $142.28 and a two-hundred day moving average of $140.76. The company has a market cap of $58.19 billion, a price-to-earnings ratio of 11.99, a PEG ratio of 1.08 and a beta of 1.44. Capital One Financial Co. has a 12-month low of $88.23 and a 12-month high of $153.35. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The firm had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. During the same quarter in the prior year, the business posted $3.52 earnings per share. Capital One Financial’s revenue was up 5.5% on a year-over-year basis. On average, equities analysts anticipate that Capital One Financial Co. will post 13.1 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were paid a $0.60 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 annualized dividend and a dividend yield of 1.57%. Capital One Financial’s payout ratio is 18.79%.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of research analyst reports. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and raised their price target for the company from $145.00 to $165.00 in a report on Thursday, June 6th. Royal Bank of Canada reissued a “sector perform” rating and issued a $150.00 price target on shares of Capital One Financial in a report on Thursday, July 25th. Evercore ISI dropped their target price on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a report on Tuesday, June 25th. BTIG Research started coverage on shares of Capital One Financial in a research report on Friday, June 7th. They issued a “neutral” rating on the stock. Finally, JPMorgan Chase & Co. increased their price objective on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research report on Monday, July 8th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Hold” and an average target price of $145.89.

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.