Capital One Financial Corporation $COF Shares Bought by Allworth Financial LP

Allworth Financial LP lifted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 212.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,505 shares of the financial services provider’s stock after acquiring an additional 11,219 shares during the quarter. Allworth Financial LP’s holdings in Capital One Financial were worth $3,512,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in COF. Eagle Bay Advisors LLC boosted its position in shares of Capital One Financial by 3.6% in the second quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock worth $299,000 after buying an additional 49 shares during the period. Cantor Fitzgerald Investment Advisors L.P. raised its holdings in shares of Capital One Financial by 0.3% during the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock valued at $3,532,000 after buying an additional 50 shares during the period. Atlantic Edge Private Wealth Management LLC lifted its position in Capital One Financial by 66.7% during the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 50 shares in the last quarter. TFB Advisors LLC boosted its holdings in Capital One Financial by 3.4% in the 1st quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider’s stock worth $276,000 after acquiring an additional 51 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. grew its position in Capital One Financial by 0.9% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider’s stock valued at $1,097,000 after acquiring an additional 53 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $219.41, for a total value of $438,820.00. Following the completion of the transaction, the general counsel directly owned 96,486 shares in the company, valued at $21,169,993.26. The trade was a 2.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Richard D. Fairbank sold 103,487 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $220.68, for a total value of $22,837,511.16. Following the sale, the chief executive officer owned 4,001,228 shares in the company, valued at $882,990,995.04. The trade was a 2.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 256,380 shares of company stock valued at $57,129,478. Corporate insiders own 1.26% of the company’s stock.

Wall Street Analyst Weigh In

COF has been the topic of a number of recent research reports. JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $235.00 to $237.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 22nd. Wolfe Research raised their target price on Capital One Financial from $260.00 to $262.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Truist Financial boosted their price target on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. Evercore ISI increased their price target on Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. Finally, Barclays lifted their price objective on Capital One Financial from $257.00 to $271.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $261.63.

Capital One Financial Trading Up 0.7%

NYSE:COF opened at $222.34 on Thursday. The company has a market cap of $141.35 billion, a PE ratio of 93.81, a P/E/G ratio of 0.70 and a beta of 1.19. The business’s 50 day moving average is $219.11 and its two-hundred day moving average is $210.54. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $232.45.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The business had revenue of $15.46 billion for the quarter. On average, analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, November 17th. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s payout ratio is 135.02%.

Capital One Financial 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.