SteelPeak Wealth LLC Grows Stake in Capital One Financial Co. (NYSE:COF)

SteelPeak Wealth LLC increased its stake in Capital One Financial Co. (NYSE:COF) by 18.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,098 shares of the financial services provider’s stock after purchasing an additional 964 shares during the quarter. SteelPeak Wealth LLC’s holdings in Capital One Financial were worth $1,087,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Decker Retirement Planning Inc. acquired a new stake in Capital One Financial in the fourth quarter valued at approximately $32,000. Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial during the 3rd quarter valued at $36,000. Creative Financial Designs Inc. ADV grew its holdings in Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares in the last quarter. Eastern Bank purchased a new stake in Capital One Financial during the 3rd quarter worth $44,000. Finally, Prospera Private Wealth LLC acquired a new position in Capital One Financial in the 3rd quarter worth $47,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling

In other Capital One Financial news, insider Kara West sold 721 shares of the business’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the sale, the insider now directly owns 12,929 shares in the company, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael Zamsky sold 10,541 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the transaction, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,256 shares of company stock valued at $2,462,487 in the last three months. 1.30% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

COF has been the topic of a number of analyst reports. Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $203.00 to $200.00 in a research report on Monday, December 9th. JPMorgan Chase & Co. increased their target price on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Truist Financial lifted their price target on shares of Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research note on Monday. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Finally, Wells Fargo & Company boosted their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus price target of $196.31.

Capital One Financial Price Performance

Shares of NYSE COF opened at $204.19 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 1.00. The firm has a market capitalization of $77.84 billion, a PE ratio of 17.62, a P/E/G ratio of 1.29 and a beta of 1.46. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $207.24. The business’s fifty day moving average price is $185.91 and its two-hundred day moving average price is $163.69.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the firm posted $2.81 EPS. Capital One Financial’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, research analysts expect that Capital One Financial Co. will post 15.22 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. Capital One Financial’s dividend payout ratio is presently 20.71%.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.