AMJ Financial Wealth Management Takes $4.04 Million Position in Capital One Financial Corporation $COF

AMJ Financial Wealth Management purchased a new position in Capital One Financial Corporation (NYSE:COF) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 18,990 shares of the financial services provider’s stock, valued at approximately $4,037,000.

Other hedge funds also recently bought and sold shares of the company. Solstein Capital LLC bought a new stake in shares of Capital One Financial in the 2nd quarter worth about $28,000. Roble Belko & Company Inc bought a new position in shares of Capital One Financial in the 2nd quarter valued at about $28,000. FNY Investment Advisers LLC purchased a new position in Capital One Financial in the second quarter worth about $28,000. Howard Hughes Medical Institute bought a new stake in Capital One Financial during the second quarter worth approximately $29,000. Finally, Legacy Investment Solutions LLC purchased a new stake in Capital One Financial during the second quarter valued at approximately $30,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 1.6%

NYSE:COF opened at $208.36 on Friday. The company has a market cap of $132.46 billion, a price-to-earnings ratio of 70.39, a price-to-earnings-growth ratio of 0.61 and a beta of 1.14. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $259.64. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44. The stock has a fifty day simple moving average of $231.58 and a 200-day simple moving average of $223.39.

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

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. Capital One Financial’s dividend payout ratio (DPR) is 108.11%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 2,108 shares of Capital One Financial stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $218.25, for a total transaction of $460,071.00. Following the completion of the sale, the insider directly owned 59,269 shares of the company’s stock, valued at $12,935,459.25. The trade was a 3.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $250.00, for a total value of $500,000.00. Following the completion of the sale, the general counsel owned 92,486 shares of the company’s stock, valued at $23,121,500. This represents a 2.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 34,274 shares of company stock worth $8,131,054. Insiders own 1.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on COF shares. Wall Street Zen cut Capital One Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Evercore decreased their price target on Capital One Financial from $290.00 to $265.00 and set an “outperform” rating on the stock in a report on Tuesday, January 27th. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. BTIG Research cut their price objective on shares of Capital One Financial from $308.00 to $270.00 and set a “buy” rating on the stock in a research report on Friday, January 23rd. Finally, TD Cowen restated a “buy” rating on shares of Capital One Financial in a report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $274.70.

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.