CW Advisors LLC Raises Holdings in Capital One Financial Corporation $COF

CW Advisors LLC boosted its stake in Capital One Financial Corporation (NYSE:COF) by 18.1% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 38,184 shares of the financial services provider’s stock after buying an additional 5,861 shares during the quarter. CW Advisors LLC’s holdings in Capital One Financial were worth $8,124,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of COF. Brighton Jones LLC boosted its stake in shares of Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after acquiring an additional 10,428 shares during the last quarter. Scotia Capital Inc. raised its stake in Capital One Financial by 5.5% in the 1st quarter. Scotia Capital Inc. now owns 7,926 shares of the financial services provider’s stock valued at $1,421,000 after purchasing an additional 414 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in Capital One Financial by 16.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 147,507 shares of the financial services provider’s stock valued at $26,448,000 after purchasing an additional 20,599 shares in the last quarter. iA Global Asset Management Inc. boosted its stake in shares of Capital One Financial by 79.5% during the 1st quarter. iA Global Asset Management Inc. now owns 8,189 shares of the financial services provider’s stock worth $1,468,000 after purchasing an additional 3,626 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Capital One Financial by 18.2% during the first quarter. Goldman Sachs Group Inc. now owns 4,766,573 shares of the financial services provider’s stock worth $854,647,000 after buying an additional 734,939 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Morgan Stanley upped their price objective on shares of Capital One Financial from $267.00 to $272.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. UBS Group cut their price target on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a report on Tuesday, October 7th. Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a report on Monday. JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $235.00 to $237.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Finally, Citigroup increased their target price on Capital One Financial from $275.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.

Insider Activity at Capital One Financial

In related news, insider Neal Blinde sold 43,200 shares of Capital One Financial stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the transaction, the insider owned 73,020 shares in the company, valued at approximately $16,198,026.60. The trade was a 37.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Lia Dean sold 3,269 shares of the stock in a transaction on Monday, December 1st. The shares were sold at an average price of $218.15, for a total value of $713,132.35. Following the completion of the sale, the insider owned 69,855 shares of the company’s stock, valued at approximately $15,238,868.25. This represents a 4.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 280,218 shares of company stock valued at $62,395,804 over the last quarter. Company insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $229.72 on Friday. The business’s fifty day moving average price is $215.68 and its 200 day moving average price is $213.06. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $232.45. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $146.04 billion, a P/E ratio of 96.93, a PEG ratio of 0.54 and a beta of 1.16.

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

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.4%. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Monday, November 17th. Capital One Financial’s dividend payout ratio is presently 135.02%.

About Capital One Financial

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.