4,493 Shares in Capital One Financial Corporation $COF Purchased by Spectrum Strategic Capital Management LLC

Spectrum Strategic Capital Management LLC purchased a new position in shares of Capital One Financial Corporation (NYSE:COF) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,493 shares of the financial services provider’s stock, valued at approximately $1,089,000.

A number of other large investors have also recently made changes to their positions in the company. Intrua Financial LLC purchased a new position in shares of Capital One Financial during the 4th quarter worth about $220,000. Mission Wealth Management LP boosted its stake in shares of Capital One Financial by 7.7% during the 4th quarter. Mission Wealth Management LP now owns 4,635 shares of the financial services provider’s stock worth $1,123,000 after purchasing an additional 332 shares during the period. Gamco Investors INC. ET AL boosted its stake in shares of Capital One Financial by 3.0% during the 4th quarter. Gamco Investors INC. ET AL now owns 3,287 shares of the financial services provider’s stock worth $797,000 after purchasing an additional 97 shares during the period. High Note Wealth LLC boosted its stake in shares of Capital One Financial by 44.9% during the 4th quarter. High Note Wealth LLC now owns 155 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 48 shares during the period. Finally, Gabelli Funds LLC lifted its holdings in Capital One Financial by 37.9% during the 4th quarter. Gabelli Funds LLC now owns 19,852 shares of the financial services provider’s stock valued at $4,811,000 after buying an additional 5,454 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, insider Celia Karam sold 1,749 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the transaction, the insider owned 61,579 shares in the company, valued at $11,858,883.82. This represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total transaction of $314,052.12. Following the completion of the transaction, the insider directly owned 65,454 shares of the company’s stock, valued at $12,148,916.94. The trade was a 2.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 49,904 shares of company stock valued at $9,528,159 in the last 90 days. 0.78% of the stock is owned by insiders.

Capital One Financial Trading Up 0.0%

NYSE:COF opened at $187.19 on Monday. Capital One Financial Corporation has a one year low of $174.98 and a one year high of $259.64. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market cap of $116.48 billion, a P/E ratio of 65.68, a P/E/G ratio of 0.68 and a beta of 1.05. The firm has a 50-day simple moving average of $188.41 and a 200-day simple moving average of $211.59.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate of $5.08 by ($0.66). The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The company’s revenue for the quarter was up 52.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.06 EPS. Equities analysts anticipate that Capital One Financial Corporation will post 19.17 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th will be paid a $0.80 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.7%. Capital One Financial’s dividend payout ratio (DPR) is 112.28%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and set a $300.00 price objective on shares of Capital One Financial in a report on Monday, March 16th. Argus decreased their price objective on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Morgan Stanley decreased their price objective on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a report on Friday, March 27th. Finally, HSBC decreased 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 report on Tuesday, January 20th. Eighteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $257.52.

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.