Applied Capital LLC FL Acquires New Shares in Capital One Financial Co. (NYSE:COF)

Applied Capital LLC FL bought a new position in shares of Capital One Financial Co. (NYSE:COF) during the 4th quarter, Holdings Channel.com reports. The firm bought 1,329 shares of the financial services provider’s stock, valued at approximately $237,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. First Citizens Bank & Trust Co. bought a new position in shares of Capital One Financial in the 4th quarter valued at approximately $346,000. Patton Albertson Miller Group LLC bought a new position in shares of Capital One Financial in the fourth quarter valued at approximately $276,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Capital One Financial in the fourth quarter worth $224,000. Nikulski Financial Inc. acquired a new stake in shares of Capital One Financial in the fourth quarter worth $230,000. Finally, Fifth Third Bancorp boosted its holdings in shares of Capital One Financial by 22.9% during the 4th quarter. Fifth Third Bancorp now owns 27,390 shares of the financial services provider’s stock worth $4,884,000 after buying an additional 5,101 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling

In other news, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the sale, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the transaction, the insider now owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,256 shares of company stock valued at $2,462,487. Company insiders own 1.30% of the company’s stock.

Capital One Financial Stock Down 0.3 %

Shares of NYSE:COF opened at $203.32 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 1.00. Capital One Financial Co. has a one year low of $128.23 and a one year high of $207.24. The company has a 50 day moving average of $185.08 and a 200-day moving average of $162.42. The stock has a market cap of $77.51 billion, a price-to-earnings ratio of 17.54, a P/E/G ratio of 1.29 and a beta of 1.46.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10,220,675.12 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.81 EPS. On average, sell-side analysts forecast that Capital One Financial Co. will post 15.22 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.18%. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Truist Financial began coverage on shares of Capital One Financial in a research report on Tuesday, January 7th. They set a “buy” rating and a $229.00 target price for the company. JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Robert W. Baird raised their target price on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Keefe, Bruyette & Woods upped their price target on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Finally, Barclays raised their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $190.47.

Capital One Financial Company Profile

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.