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

Capital Investment Advisory Services LLC acquired a new position in shares of Capital One Financial Corporation (NYSE:COF - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,107 shares of the financial services provider's stock, valued at approximately $378,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its position in shares of Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock valued at $2,423,000 after buying an additional 10,428 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in Capital One Financial in the 4th quarter worth about $32,000. Proficio Capital Partners LLC boosted its holdings in Capital One Financial by 27.0% in the 4th quarter. Proficio Capital Partners LLC now owns 2,556 shares of the financial services provider's stock valued at $456,000 after purchasing an additional 544 shares during the period. Edgestream Partners L.P. acquired a new position in shares of Capital One Financial during the 4th quarter worth approximately $633,000. Finally, Mesirow Financial Investment Management Inc. raised its position in shares of Capital One Financial by 8.8% in the fourth quarter. Mesirow Financial Investment Management Inc. now owns 1,745 shares of the financial services provider's stock valued at $311,000 after buying an additional 141 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Truist Financial raised their price objective on Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a research note on Friday, April 25th. Citigroup cut their price objective on Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a report on Monday, March 24th. JPMorgan Chase & Co. raised their price objective 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. Royal Bank Of Canada set a $190.00 price objective on Capital One Financial and gave the stock a "sector perform" rating in a research note on Monday, April 14th. Finally, BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price for the company in a research report on Tuesday, March 25th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Capital One Financial currently has an average rating of "Moderate Buy" and a consensus price target of $219.73.

Insider Activity

In other Capital One Financial 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 completion of the sale, the insider 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ann F. Hackett sold 1,658 shares of the company'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 transaction, the director owned 56,244 shares in the company, valued at approximately $11,175,682.80. This trade represents a 2.86% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.26% of the company's stock.

Capital One Financial Stock Up 0.3%

Capital One Financial stock traded up $0.59 during midday trading on Wednesday, hitting $218.09. 3,461,606 shares of the company's stock were exchanged, compared to its average volume of 3,614,832. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 0.98. The company has a market cap of $83.56 billion, a PE ratio of 18.31, a P/E/G ratio of 0.91 and a beta of 1.15. The firm has a 50-day moving average of $197.76 and a two-hundred day moving average of $188.22. Capital One Financial Corporation has a 12 month low of $128.23 and a 12 month high of $221.95.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.31. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a net margin of 9.65% and a return on equity of 9.63%. As a group, 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 firm also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were paid a dividend of $0.60 per share. The ex-dividend date was Friday, May 23rd. This represents a $2.40 annualized dividend and a yield of 1.10%. Capital One Financial's dividend payout ratio (DPR) is 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.