Amalgamated Bank Acquires 2,394 Shares of Capital One Financial Corporation $COF

Amalgamated Bank increased its holdings in shares of Capital One Financial Corporation (NYSE:COFFree Report) by 2.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 123,678 shares of the financial services provider’s stock after purchasing an additional 2,394 shares during the period. Amalgamated Bank’s holdings in Capital One Financial were worth $26,291,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in COF. Moisand Fitzgerald Tamayo LLC lifted its position in shares of Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 62 shares during the period. Olistico Wealth LLC increased its stake in Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 101 shares in the last quarter. Atlantic Edge Private Wealth Management LLC raised its holdings in shares of Capital One Financial by 66.7% during the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 50 shares during the period. RMG Wealth Management LLC bought a new position in shares of Capital One Financial during the 2nd quarter worth about $27,000. Finally, Solstein Capital LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at about $28,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Up 0.9%

Shares of NYSE:COF opened at $239.15 on Friday. 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 fifty day simple moving average of $232.01 and a two-hundred day simple moving average of $222.98. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $259.64. The stock has a market capitalization of $152.04 billion, a price-to-earnings ratio of 100.91, a PEG ratio of 0.55 and a beta of 1.13.

Capital One Financial (NYSE:COFGet Free Report) last issued its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The firm had revenue of $15.46 billion during the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. On average, research analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were paid a $0.80 dividend. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Monday, November 17th. Capital One Financial’s dividend payout ratio (DPR) is presently 135.02%.

Insider Activity

In other news, insider Lia Dean sold 3,269 shares of Capital One Financial stock in a transaction that occurred 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 directly owned 69,855 shares in the company, valued at $15,238,868.25. The trade was a 4.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Neal Blinde sold 43,200 shares of the stock in a transaction that occurred 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. This trade represents a 37.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 298,895 shares of company stock valued at $67,111,541. Corporate insiders own 1.26% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on COF. JPMorgan Chase & Co. upped their price target on Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Evercore ISI reaffirmed an “outperform” rating and set a $290.00 target price on shares of Capital One Financial in a research report on Tuesday, January 6th. Barclays boosted their price target on shares of Capital One Financial from $271.00 to $294.00 and gave the company an “overweight” rating in a research note on Tuesday, January 6th. Wells Fargo & Company raised their price objective on shares of Capital One Financial from $265.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Finally, Truist Financial boosted their target price on shares of Capital One Financial from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and an average target price of $279.40.

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Capital One Financial Profile

(Free Report)

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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