Richard Bernstein Advisors LLC Acquires Shares of 15,168 Capital One Financial Corporation (NYSE:COF)

Richard Bernstein Advisors LLC acquired a new stake in Capital One Financial Corporation (NYSE:COF) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 15,168 shares of the financial services provider's stock, valued at approximately $2,720,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC increased its stake in Capital One Financial by 1.0% in the 4th quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock valued at $936,000 after buying an additional 54 shares during the period. Family Legacy Inc. increased its stake in Capital One Financial by 0.8% in the 4th quarter. Family Legacy Inc. now owns 7,980 shares of the financial services provider's stock valued at $1,438,000 after buying an additional 60 shares during the period. Opal Wealth Advisors LLC increased its stake in Capital One Financial by 3.1% in the 1st quarter. Opal Wealth Advisors LLC now owns 2,155 shares of the financial services provider's stock valued at $386,000 after buying an additional 64 shares during the period. Aspiriant LLC increased its stake in Capital One Financial by 2.4% in the 1st quarter. Aspiriant LLC now owns 2,911 shares of the financial services provider's stock valued at $522,000 after buying an additional 67 shares during the period. Finally, Citizens National Bank Trust Department increased its stake in Capital One Financial by 25.7% in the 1st quarter. Citizens National Bank Trust Department now owns 328 shares of the financial services provider's stock valued at $59,000 after buying an additional 67 shares during the period. Institutional investors and hedge funds own 89.84% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on COF. JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $183.00 to $210.00 and gave the stock a "neutral" rating in a research note on Thursday, June 26th. Royal Bank Of Canada set a $190.00 price target on shares of Capital One Financial and gave the stock a "sector perform" rating in a research note on Monday, April 14th. Truist Financial increased their price target on shares of Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a research note on Friday, April 25th. Robert W. Baird upgraded shares of Capital One Financial from a "neutral" rating to an "outperform" rating and increased their price target for the stock from $190.00 to $200.00 in a research note on Tuesday, March 11th. Finally, BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a report on Tuesday, March 25th. Four investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $215.86.

Insider Transactions at Capital One Financial

In other news, Director Ann F. Hackett sold 1,658 shares of the stock in a transaction dated 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 owned 56,244 shares of the company's stock, valued at approximately $11,175,682.80. This represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael Zamsky sold 9,560 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 20,089 shares of the company's stock, valued at $4,005,746.60. This represents a 32.24% 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 Trading Down 1.3%

COF stock opened at $218.07 on Tuesday. 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 company has a fifty day moving average price of $197.07 and a two-hundred day moving average price of $188.01. Capital One Financial Corporation has a one year low of $128.23 and a one year high of $221.95. The stock has a market cap of $83.55 billion, a price-to-earnings ratio of 18.31, a price-to-earnings-growth ratio of 0.93 and a beta of 1.15.

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

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were issued a $0.60 dividend. The ex-dividend date was Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.10%. Capital One Financial's dividend payout ratio (DPR) is currently 20.15%.

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.

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