Verdence Capital Advisors LLC Buys 4,613 Shares of Capital One Financial Corporation $COF

Verdence Capital Advisors LLC grew its position in shares of Capital One Financial Corporation (NYSE:COF) by 108.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,857 shares of the financial services provider’s stock after acquiring an additional 4,613 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Capital One Financial were worth $1,980,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Mather Group LLC. boosted its holdings in Capital One Financial by 1.0% during the third quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock worth $965,000 after purchasing an additional 47 shares during the last quarter. Optas LLC increased its stake in Capital One Financial by 1.4% in the 3rd quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock valued at $741,000 after buying an additional 49 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of Capital One Financial by 1.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 4,450 shares of the financial services provider’s stock worth $946,000 after buying an additional 49 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. boosted its stake in shares of Capital One Financial by 0.3% in the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock worth $3,532,000 after buying an additional 50 shares during the last quarter. Finally, Atlantic Edge Private Wealth Management LLC boosted its stake in shares of Capital One Financial by 66.7% in the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock worth $27,000 after buying an additional 50 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $275.00 price target on shares of Capital One Financial in a research report on Monday, January 12th. Keefe, Bruyette & Woods upped their price objective on Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Wells Fargo & Company raised their target price on Capital One Financial from $265.00 to $280.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Morgan Stanley boosted their price target on shares of Capital One Financial from $280.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, The Goldman Sachs Group restated a “buy” rating and set a $300.00 price target on shares of Capital One Financial in a research report on Tuesday, January 6th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $280.00.

Capital One Financial Stock Down 4.4%

Shares of NYSE COF opened at $228.64 on Wednesday. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $259.64. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The business’s fifty day moving average price is $232.55 and its 200-day moving average price is $223.19. The stock has a market capitalization of $145.35 billion, a PE ratio of 96.47, a P/E/G ratio of 0.55 and a beta of 1.13.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The company had revenue of $15.46 billion during the quarter. On average, equities research analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.4%. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Monday, November 17th. Capital One Financial’s payout ratio is presently 135.02%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Ravi Raghu sold 13,450 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $250.00, for a total transaction of $3,362,500.00. Following the sale, the insider owned 30,337 shares of the company’s stock, valued at $7,584,250. The trade was a 30.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Lia Dean sold 3,163 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $244.35, for a total value of $772,879.05. Following the sale, the insider owned 66,692 shares in the company, valued at approximately $16,296,190.20. This represents a 4.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 298,895 shares of company stock worth $67,111,541 in the last ninety days. Insiders own 1.26% of the company’s stock.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.