Capital One Financial Corporation $COF Shares Sold by Continental Advisors LLC

Continental Advisors LLC decreased its position in shares of Capital One Financial Corporation (NYSE:COF) by 12.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,305 shares of the financial services provider’s stock after selling 5,000 shares during the quarter. Capital One Financial accounts for approximately 3.3% of Continental Advisors LLC’s investment portfolio, making the stock its 5th largest position. Continental Advisors LLC’s holdings in Capital One Financial were worth $7,718,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC lifted its holdings in shares of Capital One Financial by 26.8% during the 3rd quarter. Golden State Wealth Management LLC now owns 1,477 shares of the financial services provider’s stock worth $314,000 after acquiring an additional 312 shares during the period. AE Wealth Management LLC raised its position in Capital One Financial by 6.4% during the third quarter. AE Wealth Management LLC now owns 7,115 shares of the financial services provider’s stock valued at $1,513,000 after purchasing an additional 428 shares in the last quarter. Great Lakes Advisors LLC lifted its stake in Capital One Financial by 0.3% during the third quarter. Great Lakes Advisors LLC now owns 47,465 shares of the financial services provider’s stock worth $10,090,000 after purchasing an additional 121 shares during the last quarter. Fidelis Capital Partners LLC boosted its holdings in shares of Capital One Financial by 2.4% in the 3rd quarter. Fidelis Capital Partners LLC now owns 14,193 shares of the financial services provider’s stock valued at $3,017,000 after purchasing an additional 332 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Capital One Financial by 393.8% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 7,629 shares of the financial services provider’s stock valued at $1,622,000 after purchasing an additional 6,084 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Capital One Financial Trading Up 0.4%

COF opened at $219.32 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $259.64. The company’s 50 day moving average price is $234.60 and its two-hundred day moving average price is $223.32. The firm has a market capitalization of $139.43 billion, a price-to-earnings ratio of 74.09, a PEG ratio of 0.64 and a beta of 1.13.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). The business had revenue of $15.62 billion for the quarter, compared to analyst estimates of $15.49 billion. Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.Capital One Financial’s revenue for the quarter was up 53.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.67 EPS. As a group, research analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were paid a $0.80 dividend. The ex-dividend date of this dividend was Monday, November 17th. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s payout ratio is currently 108.11%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. UBS Group dropped 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. Truist Financial dropped their target price on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a report on Monday. Morgan Stanley lifted their price target on shares of Capital One Financial from $280.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, January 20th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $275.00 price objective on shares of Capital One Financial in a research note on Monday, January 12th. Finally, HSBC cut their target price on shares of Capital One Financial from $234.00 to $226.00 and set a “hold” rating on the stock in a research report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $274.70.

Insider Activity at Capital One Financial

In related news, CEO Richard D. Fairbank sold 103,487 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $220.68, for a total value of $22,837,511.16. Following the transaction, the chief executive officer directly owned 4,001,228 shares of the company’s stock, valued at $882,990,995.04. The trade was a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Lia Dean sold 3,269 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $218.15, for a total transaction of $713,132.35. Following the sale, the insider directly owned 69,855 shares of the company’s stock, valued at $15,238,868.25. This represents a 4.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 195,409 shares of company stock valued at $43,756,821 over the last ninety days. Insiders own 1.26% of the company’s stock.

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.