Capital One Financial Co. (NYSE:COF) Shares Bought by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. grew its position in Capital One Financial Co. (NYSE:COF) by 4.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,153 shares of the financial services provider’s stock after purchasing an additional 289 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Capital One Financial were worth $916,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of COF. Capital Research Global Investors lifted its position in Capital One Financial by 72.8% in the first quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider’s stock valued at $3,145,761,000 after acquiring an additional 8,900,241 shares during the last quarter. Norges Bank acquired a new position in Capital One Financial during the fourth quarter worth approximately $409,831,000. Clearbridge Investments LLC lifted its stake in Capital One Financial by 18.8% in the first quarter. Clearbridge Investments LLC now owns 3,473,596 shares of the financial services provider’s stock valued at $517,184,000 after buying an additional 549,665 shares during the last quarter. National Bank of Canada FI grew its position in shares of Capital One Financial by 443.1% during the fourth quarter. National Bank of Canada FI now owns 553,744 shares of the financial services provider’s stock worth $73,150,000 after acquiring an additional 451,789 shares during the last quarter. Finally, Panagora Asset Management Inc. increased its holdings in shares of Capital One Financial by 5,968.2% in the 4th quarter. Panagora Asset Management Inc. now owns 418,404 shares of the financial services provider’s stock valued at $54,861,000 after acquiring an additional 411,509 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Capital One Financial

In related news, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the transaction, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the completion of the sale, the insider now directly owns 73,734 shares of the company’s stock, valued at $11,060,100. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Celia Karam sold 16,913 shares of Capital One Financial stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the transaction, the insider now owns 47,081 shares in the company, valued at $6,726,933.28. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Capital One Financial Trading Down 2.7 %

Shares of COF opened at $140.00 on Friday. Capital One Financial Co. has a 12 month low of $88.23 and a 12 month high of $153.35. The stock’s 50-day moving average is $140.12 and its two-hundred day moving average is $139.32. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market cap of $53.23 billion, a PE ratio of 11.27, a P/E/G ratio of 1.19 and a beta of 1.45.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). The firm had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.52 EPS. Equities analysts forecast that Capital One Financial Co. will post 13.17 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Monday, August 12th will be given a $0.60 dividend. The ex-dividend date is Monday, August 12th. This represents a $2.40 annualized dividend and a yield of 1.71%. Capital One Financial’s dividend payout ratio is presently 18.79%.

Analyst Ratings Changes

A number of research analysts have commented on COF shares. Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price objective on the stock in a research note on Thursday, April 4th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $150.00 price target on shares of Capital One Financial in a report on Thursday, July 25th. Evercore ISI cut their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research report on Tuesday, June 25th. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their target price for the company from $145.00 to $165.00 in a report on Thursday, June 6th. Finally, Wells Fargo & Company lifted their price objective on Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a report on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $145.89.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.