Capital One Financial Corporation $COF Shares Acquired by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC increased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 731.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,861 shares of the financial services provider’s stock after purchasing an additional 2,517 shares during the period. JFS Wealth Advisors LLC’s holdings in Capital One Financial were worth $608,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Mather Group LLC. boosted its position in shares of Capital One Financial by 1.0% in the third 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 during the period. Optas LLC lifted its position in Capital One Financial by 1.4% during the 3rd quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock worth $741,000 after acquiring an additional 49 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in Capital One Financial by 1.1% in 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 acquiring an additional 49 shares during the period. Bridges Investment Management Inc. grew its position in Capital One Financial by 0.4% in 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 acquiring an additional 49 shares in the last quarter. Finally, Culbertson A N & Co. Inc. raised its stake 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 period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

COF has been the subject of several analyst reports. Truist Financial decreased their target price on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research note on Monday, January 26th. Keefe, Bruyette & Woods upped their price objective on shares of Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. Deutsche Bank Aktiengesellschaft dropped their target price on Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a research report on Friday, January 23rd. Zacks Research cut Capital One Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Finally, TD Cowen restated a “buy” rating on shares of Capital One Financial in a research note on Thursday, January 8th. One equities research analyst has 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $274.70.

Insider Transactions 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 completion of the sale, the insider owned 30,337 shares in the company, valued at $7,584,250. The trade was a 30.72% 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 Celia Karam sold 2,108 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $218.25, for a total transaction of $460,071.00. Following the sale, the insider directly owned 59,269 shares in the company, valued at $12,935,459.25. This trade represents a 3.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 34,274 shares of company stock valued at $8,131,054. 1.26% of the stock is currently owned by insiders.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $205.77 on Thursday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $259.64. The firm’s 50-day simple moving average is $229.02 and its 200-day simple moving average is $223.14. The firm has a market cap of $127.98 billion, a PE ratio of 69.52, a price-to-earnings-growth ratio of 0.58 and a beta of 1.14.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. During the same period in the prior year, the business earned $2.67 earnings per share. Capital One Financial’s revenue was up 53.3% compared to the same quarter last year. Equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Thursday, February 19th. Capital One Financial’s payout ratio is 108.11%.

Capital One Financial 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.