ARQ Wealth Advisors LLC Purchases 22,815 Shares of Capital One Financial Corporation $COF

ARQ Wealth Advisors LLC boosted its stake in Capital One Financial Corporation (NYSE:COF) by 647.1% in the first quarter, Holdings Channel reports. The firm owned 26,341 shares of the financial services provider’s stock after purchasing an additional 22,815 shares during the quarter. ARQ Wealth Advisors LLC’s holdings in Capital One Financial were worth $4,805,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of COF. Tompkins Financial Corp raised its position in Capital One Financial by 4.3% in the fourth quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock valued at $237,000 after purchasing an additional 40 shares during the last quarter. Focus Financial Network Inc. lifted its position in shares of Capital One Financial by 2.8% during the 4th quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock valued at $380,000 after acquiring an additional 43 shares during the period. First Command Advisory Services Inc. grew its stake in Capital One Financial by 4.5% in the fourth quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock valued at $259,000 after acquiring an additional 46 shares during the period. Stephens Consulting LLC lifted its stake in shares of Capital One Financial by 10.3% in the fourth quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock valued at $122,000 after buying an additional 47 shares in the last quarter. Finally, Dogwood Wealth Management LLC increased its stake in Capital One Financial by 26.0% in the 4th quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock valued at $55,000 after buying an additional 47 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of the stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $208.00, for a total value of $728,000.00. Following the transaction, the general counsel owned 90,194 shares of the company’s stock, valued at $18,760,352. This represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a 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 Celia Karam sold 1,749 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $192.58, for a total value 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 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. Over the last three months, insiders have sold 8,749 shares of company stock valued at $1,708,577. Corporate insiders own 0.78% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft dropped their target price on Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. JPMorgan Chase & Co. raised their price target on Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Morgan Stanley lowered 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. Rothschild & Co Redburn cut their target price on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $300.00 price target on shares of Capital One Financial in a research report on Monday, March 16th. Nineteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $258.41.

Capital One Financial Stock Performance

COF traded up $1.32 during midday trading on Friday, hitting $201.42. 2,380,007 shares of the company were exchanged, compared to its average volume of 4,430,346. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $125.34 billion, a price-to-earnings ratio of 70.68, a price-to-earnings-growth ratio of 0.73 and a beta of 1.02. The company’s 50 day simple moving average is $191.87 and its 200 day simple moving average is $203.40. Capital One Financial Corporation has a 1-year low of $174.24 and a 1-year high of $259.64.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The company had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. During the same period in the prior year, the business posted $4.06 EPS. Capital One Financial’s revenue was up 52.3% compared to the same quarter last year. As a group, sell-side analysts predict that Capital One Financial Corporation will post 19.55 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were issued a dividend of $0.80 per share. 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 dividend payout ratio is 112.28%.

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.