Capital One Financial Co. (NYSE:COF) Shares Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC raised its holdings in Capital One Financial Co. (NYSE:COFFree Report) by 260.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,677 shares of the financial services provider’s stock after acquiring an additional 12,044 shares during the period. Kingsview Wealth Management LLC’s holdings in Capital One Financial were worth $2,187,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. FFT Wealth Management LLC grew its stake in shares of Capital One Financial by 3.6% in the 4th quarter. FFT Wealth Management LLC now owns 2,325 shares of the financial services provider’s stock valued at $305,000 after buying an additional 80 shares during the period. Quent Capital LLC boosted its position in shares of Capital One Financial by 4.9% during the 4th quarter. Quent Capital LLC now owns 1,819 shares of the financial services provider’s stock worth $239,000 after purchasing an additional 85 shares during the period. Merit Financial Group LLC boosted its position in shares of Capital One Financial by 3.1% during the 4th quarter. Merit Financial Group LLC now owns 2,808 shares of the financial services provider’s stock worth $368,000 after purchasing an additional 85 shares during the period. Greylin Investment Management Inc boosted its position in shares of Capital One Financial by 1.7% during the 4th quarter. Greylin Investment Management Inc now owns 6,070 shares of the financial services provider’s stock worth $796,000 after purchasing an additional 100 shares during the period. Finally, 626 Financial LLC boosted its position in shares of Capital One Financial by 4.2% during the 4th quarter. 626 Financial LLC now owns 2,591 shares of the financial services provider’s stock worth $340,000 after purchasing an additional 105 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 16,913 shares of the firm’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the transaction, the insider now owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Capital One Financial news, insider Celia Karam sold 16,913 shares of the stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the transaction, the insider now owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Timothy P. Golden sold 8,656 shares of the company’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the transaction, the insider now owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on COF shares. Evercore ISI boosted their price target on shares of Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a research note on Thursday, March 28th. BMO Capital Markets increased their price objective on Capital One Financial from $124.00 to $125.00 and gave the company a “market perform” rating in a report on Monday, January 29th. JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a research note on Wednesday, April 3rd. Piper Sandler boosted their price target on shares of Capital One Financial from $126.00 to $142.00 and gave the company a “neutral” rating in a research report on Friday, February 23rd. Finally, Citigroup raised their price objective on Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $138.50.

Get Our Latest Analysis on Capital One Financial

Capital One Financial Price Performance

NYSE:COF traded up $0.76 during trading hours on Friday, hitting $141.81. The company’s stock had a trading volume of 1,380,022 shares, compared to its average volume of 2,268,403. The business’s 50-day moving average is $142.34 and its two-hundred day moving average is $130.97. The company has a market capitalization of $53.92 billion, a PE ratio of 11.11, a PEG ratio of 1.02 and a beta of 1.46. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $149.94.

Capital One Financial (NYSE:COFGet Free Report) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.25 by ($0.04). The business had revenue of $9.40 billion during the quarter, compared to analysts’ expectations of $9.35 billion. Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The company’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.31 EPS. As a group, research analysts anticipate that Capital One Financial Co. will post 13.7 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 13th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend is Friday, May 10th. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

About Capital One Financial

(Free Report)

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.

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

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