Capital One Financial Co. (NYSE:COF) Position Boosted by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC raised its holdings in shares of Capital One Financial Co. (NYSE:COF) by 5.0% during the 4th quarter, Holdings Channel reports. The fund owned 4,942 shares of the financial services provider’s stock after purchasing an additional 234 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Capital One Financial were worth $881,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial during the third quarter valued at about $36,000. Creative Financial Designs Inc. ADV increased its stake 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 buying an additional 166 shares during the period. Eastern Bank bought a new stake in shares of Capital One Financial during the 3rd quarter worth about $44,000. Prospera Private Wealth LLC acquired a new stake in shares of Capital One Financial in the 3rd quarter worth approximately $47,000. Finally, Concord Wealth Partners boosted its holdings in shares of Capital One Financial by 115.3% in the third quarter. Concord Wealth Partners now owns 323 shares of the financial services provider’s stock valued at $48,000 after acquiring an additional 173 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $190.79 on Thursday. The stock has a market cap of $72.79 billion, a PE ratio of 18.02, a price-to-earnings-growth ratio of 1.34 and a beta of 1.45. The business has a fifty day simple moving average of $183.63 and a 200-day simple moving average of $159.54. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 12 month low of $123.23 and a 12 month high of $198.30.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same period last year, the company posted $4.45 EPS. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio is currently 22.66%.

Wall Street Analyst Weigh In

COF has been the topic of several recent analyst reports. Citigroup assumed coverage on Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 target price on the stock. Truist Financial started coverage on Capital One Financial in a research note on Tuesday, January 7th. They issued a “buy” rating and a $229.00 price objective on the stock. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a research report on Tuesday. Finally, The Goldman Sachs Group raised their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Ten analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $188.06.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the sale, the insider now directly owns 19,776 shares of the company’s stock, valued at $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction 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 transaction, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,256 shares of company stock valued at $2,462,487. 1.30% of the stock is owned by insiders.

Capital One Financial Company Profile

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.