Net Worth Advisory Group Takes $1.06 Million Position in Capital One Financial Corporation $COF

Net Worth Advisory Group purchased a new position in Capital One Financial Corporation (NYSE:COF) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 4,384 shares of the financial services provider’s stock, valued at approximately $1,063,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of Capital One Financial by 330.1% in the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after purchasing an additional 10,428 shares during the period. Intech Investment Management LLC lifted its position in shares of Capital One Financial by 44.3% during the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after buying an additional 2,753 shares during the period. Sivia Capital Partners LLC boosted its stake in Capital One Financial by 118.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock valued at $702,000 after buying an additional 1,788 shares in the last quarter. Ameritas Investment Partners Inc. boosted its stake in Capital One Financial by 66.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,037 shares of the financial services provider’s stock valued at $1,284,000 after buying an additional 2,405 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its position in Capital One Financial by 212,666.7% in the second quarter. Laurel Wealth Advisors LLC now owns 12,766 shares of the financial services provider’s stock valued at $2,716,000 after acquiring an additional 12,760 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on COF shares. BTIG Research dropped their price objective on Capital One Financial from $308.00 to $270.00 and set a “buy” rating for the company in a research note on Friday, January 23rd. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Capital One Financial from $263.00 to $256.00 and set a “hold” rating for the company in a research report on Friday, January 23rd. Citigroup boosted their price target on shares of Capital One Financial from $290.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, December 31st. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $275.95.

Capital One Financial Price Performance

Capital One Financial stock opened at $175.96 on Friday. The business’s fifty day moving average is $203.10 and its two-hundred day moving average is $217.92. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market cap 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 52 week low of $143.22 and a 52 week high of $259.64.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The business had revenue of $15.62 billion during the quarter, compared to analyst estimates of $15.49 billion. During the same quarter last year, the business posted $2.67 earnings per share. The business’s quarterly revenue was up 53.3% compared to the same quarter last year. Equities research 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 disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th were given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.8%. The ex-dividend date was Thursday, February 19th. Capital One Financial’s dividend payout ratio (DPR) is presently 108.11%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Neal Blinde sold 38,135 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total value of $7,265,098.85. Following the completion of the transaction, the insider directly owned 33,551 shares of the company’s stock, valued at approximately $6,391,801.01. The trade was a 53.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jason P. Hanson sold 3,729 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total transaction of $764,445.00. Following the transaction, the insider owned 40,230 shares in the company, valued at $8,247,150. The trade was a 8.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 67,933 shares of company stock worth $14,363,897. Corporate insiders own 1.26% of the company’s stock.

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.