McCollum Christoferson Group LLC acquired a new stake in shares of Capital One Financial Corporation (NYSE:COF – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,050 shares of the financial services provider’s stock, valued at approximately $739,000.
Other large investors also recently added to or reduced their stakes in the company. Strive Asset Management LLC purchased a new position in shares of Capital One Financial during the third quarter worth approximately $28,000. Howard Hughes Medical Institute bought a new stake in shares of Capital One Financial during the second quarter valued at approximately $29,000. WFA of San Diego LLC purchased a new stake in shares of Capital One Financial in the second quarter valued at approximately $32,000. Crowley Wealth Management Inc. bought a new position in Capital One Financial in the third quarter worth approximately $33,000. Finally, Adalta Capital Management LLC bought a new position in Capital One Financial in the third quarter worth approximately $38,000. 89.84% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Capital One Financial in a research report on Monday, December 29th. Truist Financial dropped their price target 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. JPMorgan Chase & Co. raised their price target on Capital One Financial from $237.00 to $256.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Barclays decreased their price objective on Capital One Financial from $294.00 to $287.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $275.00 price objective on shares of Capital One Financial in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and an average price target of $275.95.
Insider Buying and Selling
In other Capital One Financial news, insider Lia Dean sold 3,284 shares of the business’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total value of $734,565.12. Following the completion of the transaction, the insider directly owned 70,162 shares in the company, valued at approximately $15,693,836.16. The trade was a 4.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Celia Karam sold 2,108 shares of the stock in a transaction dated Monday, February 2nd. The shares were 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 of the company’s stock, valued at approximately $12,935,459.25. The trade was a 3.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 67,933 shares of company stock valued at $14,363,897 over the last three months. Corporate insiders own 1.26% of the company’s stock.
Capital One Financial Stock Up 1.4%
Capital One Financial stock opened at $183.93 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. The firm has a market cap of $114.39 billion, a P/E ratio of 62.14, a P/E/G ratio of 0.54 and a beta of 1.14. The business has a fifty day moving average of $207.39 and a two-hundred day moving average of $218.97. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $259.64.
Capital One Financial (NYSE:COF – Get Free Report) last announced its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). The company had revenue of $15.62 billion during the quarter, compared to analysts’ expectations of $15.49 billion. Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The company’s revenue was up 53.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.67 earnings per share. On average, 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 business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.7%. The ex-dividend date was 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.
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