13,992 Shares in Capital One Financial Corporation $COF Bought by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC bought a new stake in Capital One Financial Corporation (NYSE:COF) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 13,992 shares of the financial services provider’s stock, valued at approximately $2,974,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pittenger & Anderson Inc. boosted its stake in shares of Capital One Financial by 13.5% during the 3rd quarter. Pittenger & Anderson Inc. now owns 7,121 shares of the financial services provider’s stock worth $1,514,000 after buying an additional 845 shares during the last quarter. Alpha Cubed Investments LLC bought a new stake in Capital One Financial during the third quarter worth about $282,000. Golden State Wealth Management LLC boosted its position in Capital One Financial by 26.8% during the third quarter. Golden State Wealth Management LLC now owns 1,477 shares of the financial services provider’s stock valued at $314,000 after purchasing an additional 312 shares during the last quarter. AE Wealth Management LLC grew its stake in Capital One Financial by 6.4% in the third quarter. AE Wealth Management LLC now owns 7,115 shares of the financial services provider’s stock valued at $1,513,000 after purchasing an additional 428 shares in the last quarter. Finally, Great Lakes Advisors LLC grew its stake in Capital One Financial by 0.3% in the third quarter. Great Lakes Advisors LLC now owns 47,465 shares of the financial services provider’s stock valued at $10,090,000 after purchasing an additional 121 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on COF. Truist Financial dropped their price objective on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research note on Monday. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a report on Friday, January 23rd. Zacks Research cut shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Jefferies Financial Group lifted their price objective on shares of Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $274.70.

Insider Activity

In related news, insider Celia Karam sold 2,064 shares of Capital One Financial stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $244.35, for a total transaction of $504,338.40. Following the completion of the sale, the insider directly owned 61,373 shares of the company’s stock, valued at approximately $14,996,492.55. This trade represents a 3.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Frank G. LapradeIii sold 17,840 shares of the business’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $222.03, for a total value of $3,961,015.20. Following the completion of the sale, the insider owned 48,315 shares of the company’s stock, valued at $10,727,379.45. This trade represents a 26.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 195,409 shares of company stock valued at $43,756,821. Company insiders own 1.26% of the company’s stock.

Capital One Financial Trading Down 0.2%

COF stock opened at $218.97 on Friday. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $259.64. The stock has a market cap of $139.21 billion, a price-to-earnings ratio of 73.98, a price-to-earnings-growth ratio of 0.65 and a beta of 1.13. The company has a fifty day moving average price of $234.82 and a two-hundred day moving average price of $223.30. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share for the quarter, missing the consensus estimate of $4.14 by ($0.28). The company had revenue of $15.62 billion during the quarter, compared to the consensus estimate of $15.49 billion. Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. Capital One Financial’s revenue for the quarter was up 53.3% compared to the same quarter last year. During the same period in the previous year, the company earned $2.67 earnings per share. Equities analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The business also recently disclosed 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 annualized dividend and a yield of 1.5%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, November 17th. Capital One Financial’s dividend payout ratio (DPR) is 108.11%.

Capital One Financial Company Profile

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.