Cerity Partners LLC Buys 12,924 Shares of Capital One Financial Corporation (NYSE:COF)

Cerity Partners LLC raised its stake in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 14.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 104,263 shares of the financial services provider's stock after purchasing an additional 12,924 shares during the period. Cerity Partners LLC's holdings in Capital One Financial were worth $18,694,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. raised its position in Capital One Financial by 18.6% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,882 shares of the financial services provider's stock worth $10,010,000 after purchasing an additional 9,374 shares during the last quarter. Creative Financial Designs Inc. ADV raised its position in shares of Capital One Financial by 105.3% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 768 shares of the financial services provider's stock worth $138,000 after acquiring an additional 394 shares in the last quarter. Mutual Advisors LLC bought a new position in shares of Capital One Financial in the 1st quarter worth about $215,000. Lansforsakringar Fondforvaltning AB publ bought a new position in shares of Capital One Financial in the 4th quarter worth about $91,780,000. Finally, Janney Montgomery Scott LLC raised its position in shares of Capital One Financial by 9.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 98,617 shares of the financial services provider's stock worth $17,682,000 after acquiring an additional 8,651 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Michael Zamsky sold 9,560 shares of the business's stock in a transaction that occurred on 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 transaction, the insider owned 20,089 shares in the company, valued at $4,005,746.60. The trade was a 32.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the completion of the transaction, the director owned 56,244 shares in the company, valued at $11,175,682.80. The trade was a 2.86% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on COF shares. 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 report on Monday, April 14th. Wells Fargo & Company lifted their price objective on Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a research report on Thursday, April 24th. Barclays reaffirmed an "overweight" rating and issued a $253.00 target price (up from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. Keefe, Bruyette & Woods boosted their target price on Capital One Financial from $232.00 to $248.00 and gave the company an "outperform" rating in a research report on Wednesday, July 9th. Finally, Truist Financial boosted their target price on Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research report on Friday, April 25th. Four analysts have rated the stock with a hold rating, twelve have given 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 target price of $222.07.

Capital One Financial Stock Up 0.6%

COF stock traded up $1.35 during mid-day trading on Thursday, reaching $217.97. 3,584,304 shares of the company traded hands, compared to its average volume of 3,627,461. The stock has a market cap of $83.51 billion, a price-to-earnings ratio of 18.30, a P/E/G ratio of 0.90 and a beta of 1.15. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 0.65. Capital One Financial Corporation has a fifty-two week low of $128.23 and a fifty-two week high of $221.95. The firm's 50 day moving average price is $202.37 and its 200 day moving average price is $189.99.

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, beating analysts' consensus estimates of $3.75 by $0.31. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. As a group, equities research analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Shareholders 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 dividend on an annualized basis and a yield of 1.10%. Capital One Financial's dividend payout ratio (DPR) 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.