Nisa Investment Advisors LLC Acquires 149,315 Shares of Capital One Financial Corporation $COF

Nisa Investment Advisors LLC raised its holdings in Capital One Financial Corporation (NYSE:COF) by 96.7% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 303,706 shares of the financial services provider’s stock after acquiring an additional 149,315 shares during the quarter. Nisa Investment Advisors LLC owned approximately 0.08% of Capital One Financial worth $64,616,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. WPG Advisers LLC bought a new position in shares of Capital One Financial in the first quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC boosted its position in Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after buying an additional 62 shares during the period. Olistico Wealth LLC grew its stake in Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 101 shares in the last quarter. Saudi Central Bank purchased a new position in shares of Capital One Financial during the first quarter worth approximately $27,000. Finally, RMG Wealth Management LLC bought a new stake in shares of Capital One Financial during the second quarter valued at approximately $27,000. 89.84% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Michael Zamsky sold 5,515 shares of the company’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the transaction, the insider directly owned 27,364 shares of the company’s stock, valued at $5,735,220.76. This represents a 16.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total value of $423,980.00. Following the completion of the sale, the general counsel owned 98,486 shares of the company’s stock, valued at approximately $20,878,047.14. This trade represents a 1.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 13,184 shares of company stock worth $2,799,248. Insiders own 1.26% of the company’s stock.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $224.93 on Friday. The company has a market capitalization of $143.85 billion, a PE ratio of 94.91, a P/E/G ratio of 0.78 and a beta of 1.18. The company has a 50-day simple moving average of $219.38 and a two-hundred day simple moving average of $205.63. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $232.45. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.02 and a current ratio of 1.03.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.25 by $1.70. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The firm had revenue of $15.36 billion for the quarter, compared to the consensus estimate of $15.06 billion. During the same quarter in the previous year, the firm earned $4.51 EPS. The company’s quarterly revenue was up 53.4% compared to the same quarter last year. Research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.1%. Capital One Financial’s dividend payout ratio is presently 101.27%.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Truist Financial increased their price objective on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. BTIG Research reissued a “buy” rating and set a $264.00 price target on shares of Capital One Financial in a research report on Wednesday. Keefe, Bruyette & Woods lifted their price objective on Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, July 23rd. Evercore ISI upped their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 30th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Capital One Financial in a report on Friday. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $260.79.

Capital One Financial 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.