Advisory Services Network LLC Has $5.96 Million Stake in Capital One Financial Corporation $COF

Advisory Services Network LLC increased its stake in Capital One Financial Corporation (NYSE:COF) by 141.8% during the second quarter, Holdings Channel reports. The firm owned 27,708 shares of the financial services provider’s stock after acquiring an additional 16,250 shares during the period. Advisory Services Network LLC’s holdings in Capital One Financial were worth $5,957,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of COF. WPG Advisers LLC acquired a new stake in shares of Capital One Financial during the 1st quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC raised its position in Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 62 shares in the last quarter. Olistico Wealth LLC lifted its stake in Capital One Financial by 439.1% during the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 101 shares during the last quarter. Saudi Central Bank acquired a new stake in shares of Capital One Financial in the 1st quarter valued at $27,000. Finally, RMG Wealth Management LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at $27,000. Institutional investors own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In related news, insider Neal Blinde sold 43,200 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the completion of the sale, the insider directly owned 73,020 shares of the company’s stock, valued at approximately $16,198,026.60. This trade represents a 37.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Lia Dean sold 3,269 shares of the business’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $218.15, for a total value of $713,132.35. Following the completion of the transaction, the insider directly owned 69,855 shares in the company, valued at approximately $15,238,868.25. This represents a 4.47% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 280,218 shares of company stock worth $62,395,804. Company insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

COF stock opened at $239.93 on Tuesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. The business has a 50-day simple moving average of $218.31 and a two-hundred day simple moving average of $215.60. The company has a market capitalization of $152.53 billion, a P/E ratio of 101.23, a price-to-earnings-growth ratio of 0.57 and a beta of 1.16. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $243.31.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. The firm had revenue of $15.46 billion for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. Research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Monday, November 17th. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s payout ratio is currently 135.02%.

Analyst Ratings Changes

Several brokerages have commented on COF. Morgan Stanley boosted their target price on Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Truist Financial upped their price objective on shares of Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. HSBC increased their price objective on shares of Capital One Financial from $218.00 to $234.00 and gave the company a “hold” rating in a research note on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft upped their price target on shares of Capital One Financial from $224.00 to $240.00 and gave the stock a “hold” rating in a report on Wednesday, October 22nd. Finally, TD Cowen increased their price target on Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $262.70.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.