Net Worth Advisory Group Purchases Shares of 4,384 Capital One Financial Corporation $COF

Net Worth Advisory Group purchased a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,384 shares of the financial services provider’s stock, valued at approximately $1,063,000.

Several other hedge funds and other institutional investors have also made changes to their positions in COF. Olistico Wealth LLC acquired a new stake in Capital One Financial in the 4th quarter valued at approximately $30,000. Strive Asset Management LLC bought a new stake in Capital One Financial during the 3rd quarter valued at $28,000. Howard Hughes Medical Institute acquired a new position in Capital One Financial during the 2nd quarter worth $29,000. WFA of San Diego LLC bought a new position in shares of Capital One Financial in the second quarter worth $32,000. Finally, Crowley Wealth Management Inc. bought a new position in shares of Capital One Financial in the third quarter worth $33,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently weighed in on COF. Evercore cut their price objective on shares of Capital One Financial from $290.00 to $265.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 27th. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $237.00 to $256.00 and gave the company a “neutral” rating in a research report on Monday, January 12th. Keefe, Bruyette & Woods raised their target price on shares of Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Royal Bank Of Canada restated 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. Finally, Truist Financial reduced their price target 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. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and an average price target of $275.95.

Capital One Financial Trading Down 3.4%

Shares of COF stock opened at $175.96 on Friday. The stock has a 50-day simple moving average of $203.10 and a 200 day simple moving average of $217.92. The stock has a market capitalization of $109.43 billion, a P/E ratio of 59.45, a P/E/G ratio of 0.55 and a beta of 1.14. 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 quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44.

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 the consensus estimate of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.The business had revenue of $15.62 billion during the quarter, compared to the consensus estimate of $15.49 billion. During the same quarter last year, the firm posted $2.67 earnings per share. Capital One Financial’s revenue was up 53.3% compared to the same quarter last year. On average, sell-side analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 19th were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Thursday, February 19th. Capital One Financial’s payout ratio is presently 108.11%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial 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 shares were sold at an average price of $250.00, for a total value of $500,000.00. Following the transaction, the general counsel owned 92,486 shares in the company, valued at approximately $23,121,500. The trade was a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Jason P. Hanson sold 3,729 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total value of $764,445.00. Following the completion of the transaction, the insider directly owned 40,230 shares in the company, valued at $8,247,150. This represents a 8.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 67,933 shares of company stock valued at $14,363,897. Corporate 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.