Capital Investment Advisory Services LLC Makes New $378,000 Investment in Capital One Financial Corporation (NYSE:COF)

Capital Investment Advisory Services LLC bought a new stake in Capital One Financial Corporation (NYSE:COF - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,107 shares of the financial services provider's stock, valued at approximately $378,000.

Several other hedge funds have also modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Capital One Financial by 18.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,882 shares of the financial services provider's stock worth $10,010,000 after acquiring an additional 9,374 shares in the last quarter. Creative Financial Designs Inc. ADV increased its holdings in Capital One Financial by 105.3% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 768 shares of the financial services provider's stock worth $138,000 after purchasing an additional 394 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ acquired a new position in shares of Capital One Financial in the 4th quarter valued at approximately $91,780,000. Janney Montgomery Scott LLC boosted its stake in shares of Capital One Financial by 9.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 98,617 shares of the financial services provider's stock valued at $17,682,000 after buying an additional 8,651 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of Capital One Financial by 7.1% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 49,459 shares of the financial services provider's stock valued at $8,868,000 after buying an additional 3,285 shares during the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

NYSE:COF traded up $3.49 during mid-day trading on Thursday, hitting $221.52. The stock had a trading volume of 1,294,676 shares, compared to its average volume of 3,606,296. Capital One Financial Corporation has a 52 week low of $128.23 and a 52 week high of $221.95. The stock has a market capitalization of $84.87 billion, a price-to-earnings ratio of 18.61, a P/E/G ratio of 0.91 and a beta of 1.15. The company has a 50 day simple moving average of $198.52 and a 200-day simple moving average of $188.43. 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 quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $10.07 billion. On average, research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's payout ratio is currently 20.15%.

Analysts Set New Price Targets

Several analysts recently issued reports on COF shares. Wells Fargo & Company upped their price target on shares of Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. Citigroup lowered 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. JPMorgan Chase & Co. upped their price objective on Capital One Financial from $183.00 to $210.00 and gave the company a "neutral" rating in a research note on Thursday, June 26th. Truist Financial lifted their target price on Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a research report on Friday, April 25th. Finally, Royal Bank Of Canada set a $190.00 price target on Capital One Financial and gave the company a "sector perform" rating in a report on Monday, April 14th. Four research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $219.73.

Insider Transactions at Capital One Financial

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

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.