Corient Private Wealth LLC Buys 8,005 Shares of Capital One Financial Corporation $COF

Corient Private Wealth LLC boosted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 1.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 499,783 shares of the financial services provider’s stock after buying an additional 8,005 shares during the period. Corient Private Wealth LLC’s holdings in Capital One Financial were worth $121,162,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of COF. Hsbc Holdings PLC boosted its stake in Capital One Financial by 16.0% during the fourth quarter. Hsbc Holdings PLC now owns 1,843,293 shares of the financial services provider’s stock worth $447,455,000 after buying an additional 253,855 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Capital One Financial during the 4th quarter worth about $56,000. Pure Financial Advisors LLC lifted its stake in Capital One Financial by 22.2% in the fourth quarter. Pure Financial Advisors LLC now owns 1,675 shares of the financial services provider’s stock worth $406,000 after purchasing an additional 304 shares during the last quarter. Rehmann Capital Advisory Group grew its stake in shares of Capital One Financial by 2.7% during the fourth quarter. Rehmann Capital Advisory Group now owns 19,196 shares of the financial services provider’s stock valued at $4,656,000 after buying an additional 509 shares during the last quarter. Finally, SHP Wealth Management purchased a new position in Capital One Financial during the 4th quarter valued at $301,000. 89.84% of the stock is currently owned by institutional investors.

Insider Activity

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of the sale, 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 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, insider Lia Dean sold 1,692 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at approximately $12,148,916.94. This represents a 2.52% decrease in their ownership of the stock. 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. Insiders have sold a total of 8,040 shares of company stock worth $1,498,615 over the last 90 days. 0.78% of the stock is currently owned by company insiders.

Capital One Financial Stock Up 0.2%

Shares of COF stock opened at $201.94 on Friday. 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 stock has a 50 day moving average of $190.70 and a 200 day moving average of $206.82. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64. The stock has a market cap of $125.66 billion, a P/E ratio of 70.86, a P/E/G ratio of 0.73 and a beta of 1.03.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate 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 analyst estimates of $15.68 billion. During the same quarter in the prior year, the business posted $4.06 EPS. The firm’s quarterly revenue was up 52.3% compared to the same quarter last year. As a group, sell-side analysts expect that Capital One Financial Corporation will post 19.51 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were paid a $0.80 dividend. The ex-dividend date of this dividend 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 (DPR) is currently 112.28%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on COF shares. JPMorgan Chase & Co. increased their target price 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. Jefferies Financial Group reiterated a “buy” rating and set a $300.00 price objective on shares of Capital One Financial in a report on Monday, March 16th. The Goldman Sachs Group decreased their price objective on Capital One Financial from $300.00 to $260.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. TD Cowen dropped their price target on Capital One Financial from $290.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, March 31st. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Seventeen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $258.75.

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.