Chesley Taft & Associates LLC Buys 7,374 Shares of Capital One Financial Corporation $COF

Chesley Taft & Associates LLC lifted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 10.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 78,076 shares of the financial services provider’s stock after buying an additional 7,374 shares during the period. Chesley Taft & Associates LLC’s holdings in Capital One Financial were worth $18,922,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Olistico Wealth LLC bought a new stake in shares of Capital One Financial in the 4th quarter worth $30,000. Strive Asset Management LLC bought a new position in shares of Capital One Financial during the third quarter valued at about $28,000. Howard Hughes Medical Institute bought a new position in shares of Capital One Financial during the second quarter valued at about $29,000. WFA of San Diego LLC purchased a new position in Capital One Financial during the second quarter worth about $32,000. Finally, Crowley Wealth Management Inc. purchased a new position in Capital One Financial during the third quarter worth about $33,000. Institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Wall Street Zen lowered shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a research note on Monday, December 29th. JPMorgan Chase & Co. upped their target price on Capital One Financial from $237.00 to $256.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Barclays decreased their price target on Capital One Financial from $294.00 to $287.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Finally, Truist Financial cut their price objective on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research report on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $275.95.

Capital One Financial Stock Performance

Shares of COF stock opened at $175.96 on Friday. 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 $109.43 billion, a price-to-earnings ratio of 59.45, a P/E/G ratio of 0.53 and a beta of 1.14. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $259.64. The firm’s 50-day simple moving average is $203.10 and its two-hundred day simple moving average is $217.88.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). The company had revenue of $15.62 billion for 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%. The firm’s revenue was up 53.3% on a year-over-year basis. During the same period in the prior year, the company earned $2.67 earnings per share. As a group, equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Thursday, February 19th. Capital One Financial’s dividend payout ratio is 108.11%.

Insiders Place Their Bets

In other news, insider Lia Dean sold 3,284 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $223.68, for a total transaction of $734,565.12. Following the completion of the transaction, the insider owned 70,162 shares in the company, valued at approximately $15,693,836.16. This represents a 4.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Neal Blinde sold 38,135 shares of Capital One Financial stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total value of $7,265,098.85. Following the completion of the sale, the insider directly owned 33,551 shares of the company’s stock, valued at approximately $6,391,801.01. This trade represents a 53.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 67,933 shares of company stock valued at $14,363,897. Company insiders own 1.26% of the company’s stock.

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.