Bridgefront Capital LLC Purchases 4,291 Shares of Capital One Financial Corporation $COF

Bridgefront Capital LLC lifted its holdings in Capital One Financial Corporation (NYSE:COF) by 122.6% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,792 shares of the financial services provider’s stock after buying an additional 4,291 shares during the period. Capital One Financial makes up approximately 0.5% of Bridgefront Capital LLC’s portfolio, making the stock its 23rd biggest holding. Bridgefront Capital LLC’s holdings in Capital One Financial were worth $1,656,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Mather Group LLC. grew its stake 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 valued at $965,000 after purchasing an additional 47 shares during the period. Nicolet Advisory Services LLC raised its stake in shares of Capital One Financial by 0.7% during the 3rd quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider’s stock worth $1,506,000 after purchasing an additional 48 shares during the period. Optas LLC raised its stake 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 worth $741,000 after purchasing an additional 49 shares during the period. Nations Financial Group Inc. IA ADV boosted its holdings in shares of 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 buying an additional 49 shares during the last quarter. Finally, Bridges Investment Management Inc. boosted its holdings in shares of Capital One Financial by 0.4% in the 3rd quarter. Bridges Investment Management Inc. now owns 11,251 shares of the financial services provider’s stock worth $2,392,000 after buying an additional 49 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. The Goldman Sachs Group reissued a “buy” rating and set a $300.00 price objective on shares of Capital One Financial in a report on Tuesday, January 6th. 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 report on Monday, January 26th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of 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. Morgan Stanley raised their price target on Capital One Financial from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. Finally, Barclays reduced their price objective on Capital One Financial from $294.00 to $287.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. One 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 stock. According to MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $274.70.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $179.76 on Friday. 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 stock has a market cap of $111.80 billion, a PE ratio of 60.73, a PEG ratio of 0.54 and a beta of 1.14. The company’s fifty day moving average is $215.61 and its 200 day moving average is $220.86. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $259.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) 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 quarter in the previous year, the business earned $2.67 EPS. The firm’s quarterly revenue was up 53.3% compared to the same quarter last year. Research analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

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

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Jason P. Hanson sold 3,729 shares of Capital One Financial stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total value of $764,445.00. Following the transaction, the insider directly owned 40,230 shares of the company’s stock, valued at $8,247,150. The trade was a 8.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Celia Karam sold 2,108 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $218.25, for a total value of $460,071.00. Following the completion of the sale, the insider owned 59,269 shares of the company’s stock, valued at $12,935,459.25. The trade was a 3.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 67,933 shares of company stock worth $14,363,897 over the last quarter. Company insiders own 1.26% of the company’s stock.

About Capital One Financial

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.