ARQ Wealth Advisors LLC Purchases New Holdings in Capital One Financial Corporation $COF

ARQ Wealth Advisors LLC bought a new stake in Capital One Financial Corporation (NYSE:COF) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,782 shares of the financial services provider’s stock, valued at approximately $804,000.

Several other large investors have also recently made changes to their positions in COF. Strive Asset Management LLC purchased a new stake in Capital One Financial during the 3rd quarter valued at about $28,000. Howard Hughes Medical Institute acquired a new position in shares of Capital One Financial during the 2nd quarter worth approximately $29,000. WFA of San Diego LLC purchased a new stake in shares of Capital One Financial in the second quarter valued at approximately $32,000. Crowley Wealth Management Inc. purchased a new stake in shares of Capital One Financial in the third quarter valued at approximately $33,000. Finally, Adalta Capital Management LLC acquired a new stake in shares of Capital One Financial in the third quarter valued at approximately $38,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Capital One Financial

In related news, insider Jason P. Hanson sold 3,729 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total transaction of $764,445.00. Following the completion of the sale, the insider directly owned 40,230 shares of the company’s stock, valued at $8,247,150. This trade represents a 8.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $250.00, for a total transaction of $500,000.00. Following the completion of the transaction, the general counsel owned 92,486 shares in the company, valued at approximately $23,121,500. This trade represents a 2.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 67,933 shares of company stock valued at $14,363,897. Corporate insiders own 1.26% of the company’s stock.

Capital One Financial Trading Up 1.4%

NYSE COF opened at $183.36 on Wednesday. The firm’s fifty day moving average is $212.72 and its two-hundred day moving average is $220.19. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $259.64. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market cap of $114.04 billion, a PE ratio of 61.95, a P/E/G ratio of 0.54 and a beta of 1.14.

Capital One Financial (NYSE:COF) last announced its earnings results 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). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.The business had revenue of $15.62 billion for the quarter, compared to analyst estimates of $15.49 billion. During the same quarter last year, the company posted $2.67 EPS. Capital One Financial’s quarterly revenue was up 53.3% on a year-over-year basis. Analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Thursday, February 19th. Capital One Financial’s dividend payout ratio is 108.11%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Barclays reduced their price objective on Capital One Financial from $294.00 to $287.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Evercore cut their target price on Capital One Financial from $290.00 to $265.00 and set an “outperform” rating for the company in a research note on Tuesday, January 27th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $275.00 price target on shares of Capital One Financial in a report on Monday, January 12th. BTIG Research lowered their price target 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, Wolfe Research dropped their price objective on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating for the company in a report on Friday, January 23rd. One 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 company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $275.95.

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.