Global Assets Advisory LLC Buys 2,821 Shares of Capital One Financial Corporation $COF

Global Assets Advisory LLC raised its stake in shares of Capital One Financial Corporation (NYSE:COF) by 239.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,999 shares of the financial services provider’s stock after purchasing an additional 2,821 shares during the quarter. Global Assets Advisory LLC’s holdings in Capital One Financial were worth $969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the business. Tompkins Financial Corp lifted its holdings in shares of Capital One Financial by 4.3% in the 4th quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock worth $237,000 after acquiring an additional 40 shares during the last quarter. Focus Financial Network Inc. lifted its holdings in shares of Capital One Financial by 2.8% in the 4th quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock worth $380,000 after acquiring an additional 43 shares during the last quarter. Stephens Consulting LLC lifted its holdings in shares of Capital One Financial by 10.3% in the 4th quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock worth $122,000 after acquiring an additional 47 shares during the last quarter. Dogwood Wealth Management LLC lifted its holdings in shares of 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 worth $55,000 after acquiring an additional 47 shares during the last quarter. Finally, Nicolet Advisory Services LLC lifted its holdings in shares of Capital One Financial by 0.7% in the 3rd quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider’s stock worth $1,506,000 after acquiring an additional 48 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Trading Up 0.0%

NYSE:COF opened at $187.80 on Tuesday. The company has a fifty day moving average of $188.57 and a 200 day moving average of $210.17. Capital One Financial Corporation has a 52 week low of $174.98 and a 52 week high of $259.64. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $116.87 billion, a P/E ratio of 65.90, a P/E/G ratio of 0.69 and a beta of 1.05.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 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 firm had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. During the same quarter in the prior year, the company earned $4.06 earnings per share. The company’s quarterly revenue was up 52.3% compared to the same quarter last year. On average, research analysts predict that Capital One Financial Corporation will post 19.17 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 19th will be issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Tuesday, May 19th. Capital One Financial’s dividend payout ratio is currently 112.28%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on COF. TD Cowen lowered their price objective on shares of Capital One Financial from $290.00 to $260.00 and set a “buy” rating for the company in a report on Tuesday, March 31st. The Goldman Sachs Group lowered their price objective on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Jefferies Financial Group restated a “buy” rating and issued a $300.00 price objective on shares of Capital One Financial in a report on Monday, March 16th. Rothschild & Co Redburn lowered their price objective on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a report on Friday, March 27th. Seventeen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average target price of $258.75.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Lia Dean sold 1,692 shares of the business’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 directly owned 65,454 shares of the company’s stock, valued at approximately $12,148,916.94. The trade was a 2.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total transaction of $643,755.00. Following the transaction, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. The trade was a 3.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,769 shares of company stock valued at $2,263,060 in the last 90 days. 0.78% of the stock is owned by company insiders.

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.