47,562 Capital One Financial Corporation $COF Shares Acquired by Forvis Mazars Wealth Advisors LLC

Forvis Mazars Wealth Advisors LLC increased its holdings in Capital One Financial Corporation (NYSE:COF) by 224.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 68,751 shares of the financial services provider’s stock after acquiring an additional 47,562 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in Capital One Financial were worth $13,274,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. State Street Corp boosted its stake in Capital One Financial by 107.9% during the 2nd quarter. State Street Corp now owns 57,278,732 shares of the financial services provider’s stock worth $11,491,259,000 after purchasing an additional 29,724,829 shares during the period. BlackRock Inc. increased its position in Capital One Financial by 0.5% in the 2nd quarter. BlackRock Inc. now owns 51,054,869 shares of the financial services provider’s stock valued at $10,242,628,000 after acquiring an additional 236,643 shares during the period. Bank of America Corp DE purchased a new stake in Capital One Financial during the 2nd quarter valued at approximately $1,435,311,000. Wellington Management Group LLP grew its stake in shares of Capital One Financial by 36.2% in the 2nd quarter. Wellington Management Group LLP now owns 7,108,112 shares of the financial services provider’s stock valued at $1,426,029,000 after purchasing an additional 1,887,497 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Capital One Financial by 3.5% during the second quarter. Bank of New York Mellon Corp now owns 5,621,240 shares of the financial services provider’s stock worth $1,127,733,000 after purchasing an additional 187,532 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

COF has been the subject of a number of analyst reports. Weiss Ratings downgraded shares of Capital One Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, October 6th. Wall Street Zen lowered shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. TD Cowen decreased their price target on Capital One Financial from $253.00 to $242.00 and set a “buy” rating on the stock in a research note on Tuesday, October 6th. BMO Capital Markets started coverage on shares of Capital One Financial in a research report on Friday. They set a “market perform” rating and a $219.00 target price on the stock. Finally, Barclays reduced their price objective on shares of Capital One Financial from $240.00 to $237.00 and set an “overweight” rating for the company in a research note on Monday, October 5th. Twenty investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $255.04.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, CAO Timothy Golden sold 3,487 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total value of $735,757.00. Following the completion of the transaction, the chief accounting officer directly owned 7,429 shares in the company, valued at approximately $1,567,519. The trade was a 31.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael Zamsky sold 5,473 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $218.02, for a total value of $1,193,223.46. Following the sale, the insider owned 27,992 shares in the company, valued at $6,102,815.84. This trade represents a 16.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 33,850 shares of company stock valued at $7,167,152. 0.78% of the stock is owned by corporate insiders.

Capital One Financial Price Performance

Shares of NYSE COF traded down $3.18 during trading on Tuesday, reaching $197.96. The company had a trading volume of 4,639,405 shares, compared to its average volume of 4,641,082. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64. The stock has a 50-day moving average price of $209.35 and a two-hundred day moving average price of $199.97. The stock has a market capitalization of $121.44 billion, a PE ratio of 12.25, a price-to-earnings-growth ratio of 0.73 and a beta of 1.04.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating the consensus estimate of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The firm had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. During the same quarter in the previous year, the company posted $5.48 EPS. The firm’s revenue for the quarter was up 26.9% on a year-over-year basis. As a group, sell-side analysts predict that Capital One Financial Corporation will post 20.33 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, August 17th. Capital One Financial’s payout ratio is currently 19.80%.

Capital One Financial Profile

Capital One Financial Corp. is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company provides credit cards, consumer banking products, auto financing and commercial banking services through its Capital One brand.

Capital One offers credit cards for consumers and businesses, checking and savings accounts, certificates of deposit, personal loans and auto loans. Its commercial banking operations serve businesses, institutions and commercial real estate clients with lending, deposit, treasury management and other financial services.

Capital One primarily serves customers in the United States, with additional operations in Canada and the United Kingdom.