Compound Planning Inc. Grows Position in Capital One Financial Corporation $COF

Compound Planning Inc. raised its stake in Capital One Financial Corporation (NYSE:COF) by 143.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,311 shares of the financial services provider’s stock after acquiring an additional 14,926 shares during the quarter. Compound Planning Inc.’s holdings in Capital One Financial were worth $5,381,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in COF. EverSource Wealth Advisors LLC raised its stake in Capital One Financial by 10.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 6,206 shares of the financial services provider’s stock valued at $1,319,000 after purchasing an additional 562 shares during the last quarter. Cary Street Partners Investment Advisory LLC boosted its stake in shares of Capital One Financial by 10.1% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,021 shares of the financial services provider’s stock worth $430,000 after purchasing an additional 185 shares during the last quarter. Legacy Financial Advisors Inc. grew its holdings in shares of Capital One Financial by 11.5% during the third quarter. Legacy Financial Advisors Inc. now owns 8,705 shares of the financial services provider’s stock worth $1,851,000 after buying an additional 898 shares in the last quarter. Clearstead Advisors LLC grew its holdings in shares of Capital One Financial by 1.7% during the third quarter. Clearstead Advisors LLC now owns 15,224 shares of the financial services provider’s stock worth $3,236,000 after buying an additional 248 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC raised its position in shares of Capital One Financial by 3.4% in the third quarter. Kovitz Investment Group Partners LLC now owns 128,198 shares of the financial services provider’s stock valued at $27,252,000 after buying an additional 4,162 shares during the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on COF. Keefe, Bruyette & Woods raised their target price on shares of Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. The Goldman Sachs Group restated a “buy” rating and set a $300.00 price objective on shares of Capital One Financial in a report on Tuesday, January 6th. Wells Fargo & Company lifted their price objective on Capital One Financial from $265.00 to $280.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. JPMorgan Chase & Co. increased their target price on Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Finally, Zacks Research cut Capital One Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. One 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’s stock. According to MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus target price of $274.70.

Insider Buying and Selling

In other news, insider Lia Dean sold 3,284 shares of the stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $223.68, for a total value of $734,565.12. Following the completion of the sale, the insider owned 70,162 shares in the company, valued at approximately $15,693,836.16. This trade represents a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Celia Karam sold 2,936 shares of the business’s stock in a transaction that occurred 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 directly owned 63,433 shares in the company, valued at $13,837,908.95. This trade represents a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 34,274 shares of company stock valued at $8,131,054. 1.26% of the stock is owned by company insiders.

Capital One Financial Stock Down 8.5%

COF opened at $190.69 on Tuesday. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $259.64. The firm has a 50 day moving average price of $230.60 and a 200 day moving average price of $223.34. 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 company has a market cap of $118.60 billion, a PE ratio of 64.42, a price-to-earnings-growth ratio of 0.61 and a beta of 1.14.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (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 earned $2.67 EPS. The firm’s revenue was up 53.3% compared to the same quarter last year. Sell-side analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

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

About Capital One Financial

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.