Capital One Financial Corporation $COF Shares Acquired by Arkadios Wealth Advisors

Arkadios Wealth Advisors raised its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 47.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,111 shares of the financial services provider’s stock after acquiring an additional 5,184 shares during the period. Arkadios Wealth Advisors’ holdings in Capital One Financial were worth $3,428,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in COF. WPG Advisers LLC bought a new stake in Capital One Financial during the 1st quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC raised its stake in Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC raised its stake in Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 101 shares in the last quarter. Saudi Central Bank bought a new stake in Capital One Financial during the 1st quarter valued at $27,000. Finally, RMG Wealth Management LLC bought a new stake in Capital One Financial during the 2nd quarter valued at $27,000. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

COF has been the topic of several recent analyst reports. Rothschild & Co Redburn began coverage on Capital One Financial in a research note on Friday, August 1st. They set a “buy” rating and a $290.00 target price on the stock. Wall Street Zen raised Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Wolfe Research boosted their price objective on Capital One Financial from $260.00 to $262.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. The Goldman Sachs Group boosted their price objective on Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Finally, Keefe, Bruyette & Woods boosted their price objective on Capital One Financial from $248.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 23rd. Four analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $261.63.

Insider Buying and Selling

In other news, CEO Richard D. Fairbank sold 103,486 shares of the stock in a transaction on Monday, October 27th. The stock was sold at an average price of $225.68, for a total value of $23,354,720.48. Following the completion of the sale, the chief executive officer owned 4,051,228 shares in the company, valued at $914,281,135.04. This represents a 2.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Michael Zamsky sold 5,515 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $209.59, for a total value of $1,155,888.85. Following the completion of the sale, the insider owned 27,364 shares of the company’s stock, valued at $5,735,220.76. The trade was a 16.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 116,670 shares of company stock worth $26,153,969 over the last quarter. 1.26% of the stock is currently owned by insiders.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $218.34 on Thursday. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $232.45. The stock has a fifty day moving average of $219.73 and a 200-day moving average of $206.99. The company has a market capitalization of $139.63 billion, a PE ratio of 92.13, a price-to-earnings-growth ratio of 0.71 and a beta of 1.18. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03.

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

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.