Telemus Capital LLC Has $2.38 Million Holdings in Capital One Financial Co. (NYSE:COF)

Telemus Capital LLC cut its stake in Capital One Financial Co. (NYSE:COF) by 4.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,720 shares of the financial services provider’s stock after selling 1,102 shares during the period. Telemus Capital LLC’s holdings in Capital One Financial were worth $2,376,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC boosted its stake in Capital One Financial by 75.6% in the 1st quarter. Grey Fox Wealth Advisors LLC now owns 295 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 127 shares during the period. MV Capital Management Inc. boosted its stake in shares of Capital One Financial by 122.2% during the 1st quarter. MV Capital Management Inc. now owns 300 shares of the financial services provider’s stock worth $29,000 after buying an additional 165 shares during the last quarter. America First Investment Advisors LLC acquired a new position in shares of Capital One Financial during the 1st quarter worth about $31,000. Column Capital Advisors LLC boosted its stake in shares of Capital One Financial by 73.5% during the 1st quarter. Column Capital Advisors LLC now owns 354 shares of the financial services provider’s stock worth $34,000 after buying an additional 150 shares during the last quarter. Finally, Neo Ivy Capital Management acquired a new position in shares of Capital One Financial during the 2nd quarter worth about $37,000. 90.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on COF shares. Jefferies Financial Group increased their price objective on shares of Capital One Financial from $100.00 to $110.00 in a research note on Tuesday, July 11th. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $102.00 to $112.00 in a research note on Monday, June 26th. StockNews.com initiated coverage on shares of Capital One Financial in a report on Thursday, August 17th. They issued a “hold” rating on the stock. Citigroup upped their target price on shares of Capital One Financial from $124.00 to $130.00 and gave the company a “buy” rating in a report on Friday, July 21st. Finally, Piper Sandler upped their target price on shares of Capital One Financial from $112.00 to $115.00 and gave the company a “neutral” rating in a report on Friday, July 21st. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $109.09.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 903 shares of the firm’s stock in a transaction that occurred on Tuesday, July 18th. The shares were sold at an average price of $115.00, for a total value of $103,845.00. Following the sale, the insider now owns 15,493 shares in the company, valued at $1,781,695. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Kara West sold 2,362 shares of the firm’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $115.06, for a total transaction of $271,771.72. Following the completion of the transaction, the insider now owns 10,450 shares of the company’s stock, valued at $1,202,377. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mark Daniel Mouadeb sold 903 shares of the firm’s stock in a transaction on Tuesday, July 18th. The shares were sold at an average price of $115.00, for a total transaction of $103,845.00. Following the transaction, the insider now directly owns 15,493 shares of the company’s stock, valued at approximately $1,781,695. The disclosure for this sale can be found here. Insiders have sold 34,286 shares of company stock worth $3,902,710 over the last quarter. Corporate insiders own 1.27% of the company’s stock.

Capital One Financial Stock Performance

Capital One Financial stock traded up $2.20 during trading hours on Friday, hitting $104.46. The company had a trading volume of 4,096,965 shares, compared to its average volume of 3,018,777. The firm has a market cap of $39.85 billion, a PE ratio of 8.00, a PEG ratio of 1.95 and a beta of 1.47. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.99 and a quick ratio of 0.99. Capital One Financial Co. has a one year low of $83.93 and a one year high of $123.09. The firm has a 50-day moving average of $108.40 and a 200 day moving average of $102.96.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, July 20th. The financial services provider reported $3.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.21. The business had revenue of $9.01 billion for the quarter, compared to analyst estimates of $9.13 billion. Capital One Financial had a net margin of 11.94% and a return on equity of 9.72%. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter last year, the business posted $4.96 EPS. On average, sell-side analysts expect that Capital One Financial Co. will post 11.56 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 18th. Shareholders of record on Monday, August 7th were given a $0.60 dividend. The ex-dividend date was Friday, August 4th. This represents a $2.40 dividend on an annualized basis and a yield of 2.30%. Capital One Financial’s dividend payout ratio is currently 18.38%.

Capital One Financial Profile

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.