Kovitz Investment Group Partners LLC Acquires 4,162 Shares of Capital One Financial Corporation $COF

Kovitz Investment Group Partners LLC lifted its holdings in Capital One Financial Corporation (NYSE:COF) by 3.4% in the 3rd quarter, Holdings Channel reports. The firm owned 128,198 shares of the financial services provider’s stock after acquiring an additional 4,162 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Capital One Financial were worth $27,252,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Mather Group LLC. increased its holdings in Capital One Financial by 1.0% in the 3rd quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock worth $965,000 after buying an additional 47 shares in the last quarter. Optas LLC boosted its holdings in shares of Capital One Financial by 1.4% during the 3rd quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock valued at $741,000 after acquiring an additional 49 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its stake in shares of Capital One Financial by 1.1% in the third quarter. Nations Financial Group Inc. IA ADV now owns 4,450 shares of the financial services provider’s stock worth $946,000 after acquiring an additional 49 shares during the period. Bridges Investment Management Inc. raised its holdings in shares of Capital One Financial by 0.4% during the third quarter. Bridges Investment Management Inc. now owns 11,251 shares of the financial services provider’s stock valued at $2,392,000 after purchasing an additional 49 shares during the last quarter. Finally, Culbertson A N & Co. Inc. raised its holdings in shares of Capital One Financial by 0.4% during the second quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock valued at $2,418,000 after purchasing an additional 50 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $250.00, for a total transaction of $500,000.00. Following the sale, the general counsel owned 92,486 shares of the company’s stock, valued at approximately $23,121,500. This trade represents a 2.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Celia Karam sold 2,936 shares of Capital One Financial stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $218.15, for a total transaction of $640,488.40. Following the sale, the insider owned 63,433 shares in the company, valued at approximately $13,837,908.95. The trade was a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 34,274 shares of company stock valued at $8,131,054 over the last three months. Insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

NYSE COF opened at $208.36 on Monday. The business’s fifty day moving average is $231.58 and its 200 day moving average is $223.46. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $259.64. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $129.58 billion, a PE ratio of 70.39, a price-to-earnings-growth ratio of 0.61 and a beta of 1.14.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.During the same period in the previous year, the firm posted $2.67 earnings per share. Capital One Financial’s quarterly revenue was up 53.3% compared to the same quarter last year. Sell-side analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. Capital One Financial’s dividend payout ratio (DPR) is currently 108.11%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Wolfe Research dropped their target price on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a report on Friday, January 23rd. Barclays dropped their price target on Capital One Financial from $294.00 to $287.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. TD Cowen reaffirmed a “buy” rating on shares of Capital One Financial in a report on Thursday, January 8th. Wall Street Zen downgraded Capital One Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Finally, Truist Financial dropped their target price on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $274.70.

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.