Capital One Financial Corporation $COF Stock Position Lifted by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC grew its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 17.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,191 shares of the financial services provider’s stock after purchasing an additional 3,072 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Capital One Financial were worth $3,866,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Victory Capital Management Inc. lifted its stake in Capital One Financial by 16.6% during the third quarter. Victory Capital Management Inc. now owns 378,450 shares of the financial services provider’s stock valued at $80,451,000 after buying an additional 53,961 shares in the last quarter. APG Asset Management N.V. raised its holdings in shares of Capital One Financial by 12.9% during the third quarter. APG Asset Management N.V. now owns 416,935 shares of the financial services provider’s stock valued at $88,632,000 after acquiring an additional 47,627 shares during the period. Swiss Life Asset Management Ltd lifted its position in shares of Capital One Financial by 16.4% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 104,192 shares of the financial services provider’s stock valued at $22,149,000 after acquiring an additional 14,700 shares in the last quarter. Waverton Investment Management Ltd boosted its stake in Capital One Financial by 1,390.9% in the 3rd quarter. Waverton Investment Management Ltd now owns 1,181,834 shares of the financial services provider’s stock worth $251,323,000 after purchasing an additional 1,102,563 shares during the period. Finally, Picton Mahoney Asset Management raised its stake in Capital One Financial by 41.1% during the 3rd quarter. Picton Mahoney Asset Management now owns 165,686 shares of the financial services provider’s stock valued at $35,220,000 after purchasing an additional 48,243 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Capital One Financial

In other news, insider Lia Dean sold 1,692 shares of the firm’s stock in a transaction 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 transaction, the insider owned 65,454 shares in the company, valued at approximately $12,148,916.94. This trade represents a 2.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction on Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the completion of the sale, the insider directly owned 61,579 shares of the company’s stock, valued at approximately $11,858,883.82. The trade was a 2.76% decrease in their position. 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 8,040 shares of company stock worth $1,498,615 over the last ninety days. 0.78% of the stock is currently owned by insiders.

Capital One Financial Stock Up 1.3%

COF opened at $200.37 on Thursday. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64. The business has a 50-day moving average of $190.97 and a 200-day moving average of $206.15. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market capitalization of $124.69 billion, a PE ratio of 70.30, a price-to-earnings-growth ratio of 0.71 and a beta of 1.03.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). The firm had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The firm’s quarterly revenue was up 52.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.06 earnings per share. Equities research analysts forecast that Capital One Financial Corporation will post 19.51 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were paid a $0.80 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. Capital One Financial’s payout ratio is 112.28%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Morgan Stanley decreased their price objective on Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a research report on Thursday, April 16th. Wells Fargo & Company decreased their price target on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Evercore lowered their price objective on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a research report on Monday, April 6th. Jefferies Financial Group reiterated a “buy” rating and issued a $300.00 price objective on shares of Capital One Financial in a research note on Monday, March 16th. Finally, Truist Financial cut their target price on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Seventeen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $258.75.

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.