Farther Finance Advisors LLC Has $716,000 Stake in Capital One Financial Co. (NYSE:COF)

Farther Finance Advisors LLC lowered its position in Capital One Financial Co. (NYSE:COF) by 1.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,018 shares of the financial services provider’s stock after selling 74 shares during the quarter. Farther Finance Advisors LLC’s holdings in Capital One Financial were worth $716,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of COF. Bfsg LLC acquired a new position in shares of Capital One Financial in the fourth quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Capital One Financial during the fourth quarter worth $27,000. TruNorth Capital Management LLC bought a new stake in shares of Capital One Financial in the fourth quarter valued at about $29,000. SBI Securities Co. Ltd. acquired a new position in shares of Capital One Financial in the fourth quarter valued at about $32,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in Capital One Financial during the fourth quarter worth about $41,000. Institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on COF shares. Citigroup decreased their target price on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a research report on Monday, March 24th. Wells Fargo & Company increased their price target on Capital One Financial from $210.00 to $225.00 and gave the stock an “overweight” rating in a research report on Thursday, April 24th. Baird R W raised Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 11th. Bank of America upped their target price on Capital One Financial from $223.00 to $233.00 and gave the company a “buy” rating in a research report on Wednesday, May 21st. Finally, Truist Financial raised their price target on Capital One Financial from $215.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, April 25th. Four equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $210.64.

Insiders Place Their Bets

In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of the firm’s stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total value of $329,444.60. Following the completion of the sale, the director now directly owns 56,244 shares in the company, valued at approximately $11,175,682.80. This trade represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the transaction, the insider now directly owns 20,089 shares in the company, valued at $4,005,746.60. This trade represents a 32.24% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

Shares of COF opened at $192.49 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a market cap of $73.75 billion, a PE ratio of 16.61, a PEG ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The business has a 50-day simple moving average of $184.50 and a two-hundred day simple moving average of $185.36.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, beating analysts’ consensus estimates of $3.75 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd were given a dividend of $0.60 per share. The ex-dividend date was Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a yield of 1.25%. Capital One Financial’s dividend payout ratio (DPR) is currently 20.15%.

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.