Ashton Thomas Private Wealth LLC Buys 4,800 Shares of Capital One Financial Corporation $COF

Ashton Thomas Private Wealth LLC increased its stake in Capital One Financial Corporation (NYSE:COF) by 234.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,847 shares of the financial services provider’s stock after purchasing an additional 4,800 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Capital One Financial were worth $1,456,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of COF. Premier Path Wealth Partners LLC increased its position in Capital One Financial by 5.5% in the third quarter. Premier Path Wealth Partners LLC now owns 7,071 shares of the financial services provider’s stock worth $1,503,000 after buying an additional 368 shares during the last quarter. Penserra Capital Management LLC grew its stake in shares of Capital One Financial by 76.7% during the 3rd quarter. Penserra Capital Management LLC now owns 6,156 shares of the financial services provider’s stock worth $1,307,000 after acquiring an additional 2,673 shares during the period. Westside Investment Management Inc. increased its holdings in Capital One Financial by 39.3% in the 3rd quarter. Westside Investment Management Inc. now owns 918 shares of the financial services provider’s stock worth $196,000 after acquiring an additional 259 shares during the last quarter. Cornerstone Planning Group LLC raised its stake in Capital One Financial by 103.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 236 shares of the financial services provider’s stock valued at $52,000 after acquiring an additional 120 shares during the period. Finally, Physician Wealth Advisors Inc. raised its stake in Capital One Financial by 116.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 337 shares of the financial services provider’s stock valued at $72,000 after acquiring an additional 181 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on COF. Citigroup lifted their target price on shares of Capital One Financial from $290.00 to $310.00 and gave the stock a “buy” rating in a research note on Wednesday, December 31st. HSBC reduced their price objective on shares of Capital One Financial from $234.00 to $226.00 and set a “hold” rating for the company in a research note on Tuesday, January 20th. Keefe, Bruyette & Woods increased their target price on Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. Evercore cut their price target on Capital One Financial from $290.00 to $265.00 and set an “outperform” rating for the company in a report on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $274.70.

Insider Transactions at Capital One Financial

In related news, insider Celia Karam sold 2,936 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $218.15, for a total value of $640,488.40. Following the transaction, the insider owned 63,433 shares of the company’s stock, valued at $13,837,908.95. This represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Lia Dean sold 3,284 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total value of $734,565.12. Following the sale, the insider owned 70,162 shares in the company, valued at $15,693,836.16. The trade was a 4.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 52,114 shares of company stock worth $12,092,070. Company insiders own 1.26% of the company’s stock.

Capital One Financial Trading Up 2.7%

Shares of COF stock opened at $222.72 on Friday. The company has a market capitalization of $141.59 billion, a PE ratio of 75.24, a price-to-earnings-growth ratio of 0.64 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 business’s fifty day moving average is $235.54 and its 200 day moving average is $223.50. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04.

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 analysts’ consensus estimates of $4.14 by ($0.28). The business had revenue of $15.62 billion during the quarter, compared to the consensus estimate of $15.49 billion. Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.Capital One Financial’s revenue was up 53.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.67 earnings per share. On average, equities research analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, February 19th. Capital One Financial’s payout ratio is currently 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.