Cwm LLC Acquires 31,244 Shares of Capital One Financial Corporation $COF

Cwm LLC increased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 69.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 76,158 shares of the financial services provider’s stock after purchasing an additional 31,244 shares during the period. Cwm LLC’s holdings in Capital One Financial were worth $16,190,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. BSW Wealth Partners increased its stake in Capital One Financial by 64.5% during the 3rd quarter. BSW Wealth Partners now owns 3,545 shares of the financial services provider’s stock worth $754,000 after purchasing an additional 1,390 shares in the last quarter. First PREMIER Bank lifted its position in Capital One Financial by 3.0% in the 3rd quarter. First PREMIER Bank now owns 3,255 shares of the financial services provider’s stock valued at $692,000 after acquiring an additional 95 shares in the last quarter. Norden Group LLC boosted its stake in Capital One Financial by 17.9% in the 3rd quarter. Norden Group LLC now owns 3,229 shares of the financial services provider’s stock worth $687,000 after purchasing an additional 491 shares during the period. World Investment Advisors increased its holdings in Capital One Financial by 5.8% during the 3rd quarter. World Investment Advisors now owns 14,850 shares of the financial services provider’s stock worth $3,157,000 after purchasing an additional 816 shares in the last quarter. Finally, Symmetry Partners LLC increased its holdings in Capital One Financial by 16.9% during the 3rd quarter. Symmetry Partners LLC now owns 1,275 shares of the financial services provider’s stock worth $271,000 after purchasing an additional 184 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $221.54, for a total transaction of $443,080.00. Following the completion of the sale, the general counsel owned 94,486 shares of the company’s stock, valued at $20,932,428.44. This trade represents a 2.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Celia Karam sold 2,936 shares of Capital One Financial stock in a transaction on Monday, December 1st. The stock was sold at an average price of $218.15, for a total transaction of $640,488.40. Following the transaction, the insider directly owned 63,433 shares of the company’s stock, valued at approximately $13,837,908.95. This trade represents a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 280,218 shares of company stock worth $62,395,804 in the last quarter. Company insiders own 1.26% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF opened at $249.58 on Friday. The company has a market cap of $158.67 billion, a PE ratio of 105.31, a price-to-earnings-growth ratio of 0.57 and a beta of 1.16. The firm has a 50-day moving average of $224.67 and a 200-day moving average of $218.62. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $249.73. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03.

Capital One Financial (NYSE:COF) last issued its earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The company had revenue of $15.46 billion for the quarter. As a group, equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were paid a dividend of $0.80 per share. The ex-dividend date was Monday, November 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.3%. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio is presently 135.02%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on COF. UBS Group reduced their price objective on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a research report on Tuesday, October 7th. TD Cowen lifted their target price on Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Jefferies Financial Group upped their price target on Capital One Financial from $265.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Capital One Financial in a research note on Monday, December 22nd. Finally, Evercore ISI boosted their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 30th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $267.45.

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.