Impact Partnership Wealth LLC Buys Shares of 3,726 Capital One Financial Corporation (NYSE:COF)

Impact Partnership Wealth LLC purchased a new position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,726 shares of the financial services provider's stock, valued at approximately $668,000.

Several other hedge funds have also made changes to their positions in the business. Brighton Jones LLC increased its stake in shares of Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock worth $2,423,000 after buying an additional 10,428 shares during the period. Proficio Capital Partners LLC increased its stake in shares of Capital One Financial by 27.0% during the fourth quarter. Proficio Capital Partners LLC now owns 2,556 shares of the financial services provider's stock worth $456,000 after buying an additional 544 shares during the period. Creative Financial Designs Inc. ADV increased its stake in shares of Capital One Financial by 29.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 374 shares of the financial services provider's stock worth $67,000 after buying an additional 85 shares during the period. Axxcess Wealth Management LLC increased its stake in shares of Capital One Financial by 16.2% during the fourth quarter. Axxcess Wealth Management LLC now owns 6,228 shares of the financial services provider's stock worth $1,111,000 after buying an additional 870 shares during the period. Finally, Generali Asset Management SPA SGR purchased a new stake in shares of Capital One Financial during the fourth quarter worth approximately $1,038,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Insiders Place Their Bets

In related news, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total value of $329,444.60. Following the transaction, the director directly owned 56,244 shares in the company, valued at $11,175,682.80. This trade represents a 2.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction on Monday, May 12th. The shares were sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the completion of the transaction, the insider owned 20,089 shares in the company, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.26% of the company's stock.

Capital One Financial Stock Performance

Shares of Capital One Financial stock traded up $0.26 during trading on Friday, reaching $218.26. The company's stock had a trading volume of 3,106,854 shares, compared to its average volume of 3,628,157. The company has a 50-day moving average price of $202.98 and a two-hundred day moving average price of $190.35. The firm has a market cap of $83.62 billion, a PE ratio of 18.33, a P/E/G ratio of 0.91 and a beta of 1.15. Capital One Financial Corporation has a fifty-two week low of $128.23 and a fifty-two week high of $221.95. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.65.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. The business had revenue of $10 billion for the quarter, compared to analysts' expectations of $10.07 billion. Capital One Financial had a net margin of 9.65% and a return on equity of 9.63%. On average, analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.10%. Capital One Financial's payout ratio is 20.15%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on COF. Barclays restated an "overweight" rating and set a $253.00 target price (up from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Wells Fargo & Company upped their target price on shares of Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a research note on Thursday, April 24th. Wall Street Zen upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating in a research note on Friday. Truist Financial increased their price target on shares of Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research note on Friday, April 25th. Finally, Citigroup dropped their price target on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a research note on Monday, March 24th. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Capital One Financial has an average rating of "Moderate Buy" and a consensus target price of $222.07.

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.