Mutual Advisors LLC Buys Shares of 1,178 Capital One Financial Corporation (NYSE:COF)

Mutual Advisors LLC purchased a new stake in 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. The firm purchased 1,178 shares of the financial services provider's stock, valued at approximately $215,000.

Several other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. grew its position in Capital One Financial by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 31,744,818 shares of the financial services provider's stock valued at $5,660,736,000 after purchasing an additional 234,863 shares during the period. Franklin Resources Inc. grew its position in Capital One Financial by 3.2% in the 4th quarter. Franklin Resources Inc. now owns 10,718,860 shares of the financial services provider's stock valued at $1,911,387,000 after purchasing an additional 331,595 shares during the period. Geode Capital Management LLC grew its position in Capital One Financial by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider's stock valued at $1,467,393,000 after purchasing an additional 207,427 shares during the period. FMR LLC grew its position in Capital One Financial by 21.6% in the 4th quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock valued at $1,440,449,000 after purchasing an additional 1,436,935 shares during the period. Finally, Northern Trust Corp grew its position in Capital One Financial by 21.8% in the 4th quarter. Northern Trust Corp now owns 4,433,401 shares of the financial services provider's stock valued at $790,564,000 after purchasing an additional 793,765 shares during the period. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Transactions at Capital One Financial

In related news, Director Ann F. Hackett sold 1,658 shares of the business's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $198.70, for a total value 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the business's stock in a transaction dated 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 completion of the sale, the insider owned 20,089 shares in the company, valued at $4,005,746.60. This represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.26% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on COF shares. BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price target for the company in a research report on Tuesday, March 25th. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $210.00 to $245.00 and gave the company a "neutral" rating in a research note on Friday. Truist Financial raised their price objective 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. Keefe, Bruyette & Woods raised their price objective on Capital One Financial from $232.00 to $248.00 and gave the company an "outperform" rating in a research note on Wednesday. Finally, Barclays restated an "overweight" rating and set a $253.00 price objective (up from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $222.07.

Capital One Financial Stock Performance

Shares of NYSE COF traded down $0.88 during mid-day trading on Friday, reaching $219.86. 2,965,732 shares of the company's stock were exchanged, compared to its average volume of 3,624,376. The firm has a market capitalization of $84.24 billion, a price-to-earnings ratio of 18.46, a price-to-earnings-growth ratio of 0.92 and a beta of 1.15. Capital One Financial Corporation has a 52 week low of $128.23 and a 52 week high of $221.95. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.98 and a quick ratio of 0.97. The firm has a 50-day moving average price of $199.97 and a two-hundred day moving average price of $188.97.

Capital One Financial (NYSE:COF - Get Free Report) last released its 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. The company had revenue of $10 billion for the quarter, compared to analysts' expectations of $10.07 billion. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. Analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

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

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.