Capital One Financial Corporation $COF Shares Purchased by Meridian Wealth Management LLC

Meridian Wealth Management LLC grew its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 334.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,404 shares of the financial services provider’s stock after purchasing an additional 7,241 shares during the period. Meridian Wealth Management LLC’s holdings in Capital One Financial were worth $1,999,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Brighton Jones LLC raised its stake in Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after acquiring an additional 10,428 shares during the period. Intech Investment Management LLC grew its holdings in shares of Capital One Financial by 44.3% during the first quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock valued at $1,608,000 after purchasing an additional 2,753 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Capital One Financial by 118.3% during the second quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock valued at $702,000 after purchasing an additional 1,788 shares during the last quarter. NORTHSTAR ASSET MANAGEMENT Co acquired a new stake in shares of Capital One Financial during the 2nd quarter worth approximately $271,000. Finally, Pure Financial Advisors LLC bought a new stake in shares of Capital One Financial in the 2nd quarter worth approximately $284,000. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Down 0.2%

Shares of COF stock opened at $218.97 on Monday. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 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 business’s fifty day moving average is $234.82 and its 200-day moving average is $223.41. The stock has a market cap of $139.21 billion, a PE ratio of 73.98, a price-to-earnings-growth ratio of 0.65 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 net margin of 3.54% and a return on equity of 10.68%. The firm had revenue of $15.62 billion for the quarter, compared to the consensus estimate of $15.49 billion. During the same period in the prior year, the business earned $2.67 EPS. The company’s quarterly revenue was up 53.3% compared to the same quarter last year. Equities analysts expect 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 announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, November 17th. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s payout ratio is presently 108.11%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 17,840 shares of the company’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $222.03, for a total value of $3,961,015.20. Following the transaction, the insider owned 48,315 shares of the company’s stock, valued at approximately $10,727,379.45. This represents a 26.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’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 sale, the general counsel directly owned 92,486 shares of the company’s stock, valued at approximately $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 quarter, insiders sold 195,409 shares of company stock valued at $43,756,821. Corporate insiders own 1.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on COF shares. Evercore ISI lowered their price objective 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. Jefferies Financial Group increased their price objective on shares of Capital One Financial from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $275.00 price objective on shares of Capital One Financial in a research report on Monday, January 12th. BTIG Research decreased their target price on shares of Capital One Financial from $308.00 to $270.00 and set a “buy” rating for the company in a research report on Friday, January 23rd. Finally, Wolfe Research dropped their price target on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a research note on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $274.70.

Capital One Financial 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.