1,822 Shares in Capital One Financial Corporation (NYSE:COF) Purchased by Calamos Wealth Management LLC

Calamos Wealth Management LLC bought a new position in Capital One Financial Corporation (NYSE:COF - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,822 shares of the financial services provider's stock, valued at approximately $327,000.

Several other hedge funds and other institutional investors have also modified their holdings of COF. SBI Securities Co. Ltd. acquired a new stake in shares of Capital One Financial in the fourth quarter worth $32,000. Beacon Capital Management LLC boosted its position in shares of Capital One Financial by 118.3% in the first quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock worth $32,000 after buying an additional 97 shares during the period. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Capital One Financial in the fourth quarter worth $41,000. Rossby Financial LCC acquired a new stake in shares of Capital One Financial in the first quarter worth $48,000. Finally, Bernard Wealth Management Corp. acquired a new stake in shares of Capital One Financial in the first quarter worth $54,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Analyst Ratings Changes

COF has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their target price on Capital One Financial from $183.00 to $210.00 and gave the stock a "neutral" rating in a research report on Thursday, June 26th. Truist Financial increased their price objective on Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a report on Friday, April 25th. Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective for the company in a report on Wednesday, March 12th. Citigroup cut their price objective on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a report on Monday, March 24th. Finally, Robert W. Baird upgraded Capital One Financial from a "neutral" rating to an "outperform" rating and increased their price objective for the stock from $190.00 to $200.00 in a report on Tuesday, March 11th. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and a consensus price target of $215.86.

Insider Activity

In other news, insider Michael Zamsky sold 9,560 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $199.40, for a total value of $1,906,264.00. Following the sale, the insider directly owned 20,089 shares of the company's stock, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of the firm's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $198.70, for a total value of $329,444.60. Following the completion of the sale, the director directly owned 56,244 shares in the company, valued at approximately $11,175,682.80. This represents a 2.86% 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 Up 1.0%

NYSE COF traded up $2.13 during trading on Friday, hitting $220.94. 1,856,041 shares of the company traded hands, compared to its average volume of 3,612,000. Capital One Financial Corporation has a 12 month low of $128.23 and a 12 month high of $221.95. The business has a fifty day simple moving average of $196.37 and a 200 day simple moving average of $187.66. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $84.65 billion, a P/E ratio of 18.55, a PEG ratio of 0.93 and a beta of 1.15.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, beating the consensus estimate of $3.75 by $0.31. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. As a group, sell-side analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's dividend payout ratio is currently 20.15%.

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.