Capital One Financial Corporation $COF Position Boosted by RFG Advisory LLC

RFG Advisory LLC raised its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 126.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,899 shares of the financial services provider’s stock after acquiring an additional 9,445 shares during the period. RFG Advisory LLC’s holdings in Capital One Financial were worth $4,096,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in COF. Vanguard Group Inc. raised its stake in shares of Capital One Financial by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider’s stock valued at $13,789,615,000 after purchasing an additional 360,071 shares in the last quarter. Franklin Resources Inc. grew its position in Capital One Financial by 12.8% in the 3rd quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock valued at $2,516,587,000 after buying an additional 1,339,215 shares in the last quarter. Davis Selected Advisers grew its position in Capital One Financial by 2.8% in the 4th quarter. Davis Selected Advisers now owns 8,614,766 shares of the financial services provider’s stock valued at $2,087,878,000 after buying an additional 234,649 shares in the last quarter. Capital Research Global Investors increased its stake in Capital One Financial by 3.7% during the 3rd quarter. Capital Research Global Investors now owns 8,426,060 shares of the financial services provider’s stock valued at $1,791,264,000 after buying an additional 302,733 shares during the period. Finally, Viking Global Investors LP raised its position in shares of Capital One Financial by 30.3% during the 3rd quarter. Viking Global Investors LP now owns 7,388,506 shares of the financial services provider’s stock worth $1,570,649,000 after buying an additional 1,717,148 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling

In related news, insider Lia Dean sold 1,692 shares of Capital One Financial stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total value of $314,052.12. Following the transaction, the insider owned 65,454 shares of the company’s stock, valued at approximately $12,148,916.94. This trade represents a 2.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jason P. Hanson sold 3,729 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total value of $764,445.00. Following the sale, the insider owned 40,230 shares in the company, valued at approximately $8,247,150. The trade was a 8.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 46,404 shares of company stock valued at $8,884,404. Insiders own 0.78% of the company’s stock.

Capital One Financial Stock Up 1.9%

NYSE COF opened at $193.30 on Thursday. Capital One Financial Corporation has a 12 month low of $174.98 and a 12 month high of $259.64. The company has a market capitalization of $120.21 billion, a P/E ratio of 67.82, a PEG ratio of 0.69 and a beta of 1.05. The company’s 50 day simple moving average is $190.12 and its 200 day simple moving average is $213.19. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03.

Capital One Financial (NYSE:COF) last posted 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 business had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The company’s quarterly revenue was up 52.3% compared to the same quarter last year. During the same quarter last year, the firm posted $4.06 EPS. Equities research analysts expect that Capital One Financial Corporation will post 19.17 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

COF has been the subject of several recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a report on Friday, March 27th. Wall Street Zen downgraded Capital One Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Jefferies Financial Group reaffirmed a “buy” rating and set a $300.00 price target on shares of Capital One Financial in a research note on Monday, March 16th. Truist Financial lowered their price target on Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. Finally, Wolfe Research dropped their price objective on Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a research note on Friday, January 23rd. Eighteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus price target of $258.14.

About Capital One Financial

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.