Janney Montgomery Scott LLC Buys 8,651 Shares of Capital One Financial Corporation (NYSE:COF)

Janney Montgomery Scott LLC increased its holdings in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 9.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 98,617 shares of the financial services provider's stock after buying an additional 8,651 shares during the quarter. Janney Montgomery Scott LLC's holdings in Capital One Financial were worth $17,682,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in COF. Brighton Jones LLC raised its stake in Capital One Financial by 330.1% during the 4th 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. Valmark Advisers Inc. acquired a new stake in Capital One Financial during the 4th quarter worth $210,000. J.W. Cole Advisors Inc. raised its stake in Capital One Financial by 5.6% during the 4th quarter. J.W. Cole Advisors Inc. now owns 2,411 shares of the financial services provider's stock worth $430,000 after buying an additional 127 shares during the period. Catalyst Capital Advisors LLC raised its stake in Capital One Financial by 51.3% during the 4th quarter. Catalyst Capital Advisors LLC now owns 363 shares of the financial services provider's stock worth $65,000 after buying an additional 123 shares during the period. Finally, CIBC Asset Management Inc raised its stake in Capital One Financial by 4.5% during the 4th quarter. CIBC Asset Management Inc now owns 58,138 shares of the financial services provider's stock worth $10,367,000 after buying an additional 2,484 shares during the period. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Buying and Selling

In related news, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction dated Monday, May 12th. The stock was 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 now owns 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 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 currently owned by corporate insiders.

Capital One Financial Stock Up 0.8%

Shares of NYSE COF traded up $1.58 during mid-day trading on Friday, hitting $198.75. The company had a trading volume of 5,359,413 shares, compared to its average volume of 3,569,706. Capital One Financial Corporation has a one year low of $128.23 and a one year high of $210.67. 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 $76.15 billion, a PE ratio of 16.69, a price-to-earnings-growth ratio of 0.97 and a beta of 1.13. The firm has a 50-day simple moving average of $187.67 and a two-hundred day simple moving average of $185.65.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 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 business had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. On average, equities analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date was Friday, May 23rd. Capital One Financial's payout ratio is currently 20.15%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on COF shares. Wells Fargo & Company raised their price objective on Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a research note on Thursday, April 24th. Royal Bank Of Canada set a $190.00 price target on Capital One Financial and gave the company a "sector perform" rating in a research note on Monday, April 14th. Evercore ISI raised Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target on the stock in a research note on Wednesday, March 12th. Truist Financial lifted their price target on 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, Robert W. Baird raised Capital One Financial from a "neutral" rating to an "outperform" rating and lifted their price target for the company from $190.00 to $200.00 in a research note on Tuesday, March 11th. Four 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 company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $210.64.

Capital One Financial 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.