Third View Private Wealth LLC Purchases Shares of 17,417 Capital One Financial Corporation $COF

Key Points

• Third View Private Wealth LLC bought a new stake of 17,417 shares of Capital One Financial (COF) in the fourth quarter, valued at about $4.22 million.
• Company insiders sold a total of 50,047 shares last quarter (≈$9.74 million), leaving insiders with roughly 1.26% ownership.
• COF trades with a market cap of $122.82B and a P/E of 66.72; analysts' consensus is a Moderate Buy with an average price target of $262.95 after the firm missed EPS but reported revenue up 53.3% year‑over‑year.

Third View Private Wealth LLC purchased a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 17,417 shares of the financial services provider's stock, valued at approximately $4,221,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COF. Olistico Wealth LLC bought a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $30,000. Strive Asset Management LLC bought a new stake in shares of Capital One Financial in the third quarter valued at approximately $28,000. Westfuller Advisors LLC boosted its position in shares of Capital One Financial by 661.1% in the fourth quarter. Westfuller Advisors LLC now owns 137 shares of the financial services provider's stock valued at $33,000 after acquiring an additional 119 shares during the period. NBT Bank N A NY bought a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $36,000. Finally, WFA of San Diego LLC bought a new stake in shares of Capital One Financial in the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Buying and Selling at Capital One Financial

In other news, insider Lia Dean sold 3,284 shares of the firm's stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total transaction of $734,565.12. Following the completion of the transaction, the insider directly owned 70,162 shares of the company's stock, valued at approximately $15,693,836.16. This trade represents a 4.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Neal Blinde sold 38,135 shares of the firm's stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the transaction, the insider directly owned 33,551 shares of the company's stock, valued at $6,391,801.01. The trade was a 53.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 50,047 shares of company stock valued at $9,742,217 over the last quarter. 1.26% of the stock is currently owned by insiders.

Capital One Financial Stock Up 2.3%

Shares of COF stock opened at $197.48 on Tuesday. The stock has a market cap of $122.82 billion, a P/E ratio of 66.72, a price-to-earnings-growth ratio of 0.60 and a beta of 1.14. Capital One Financial Corporation has a one year low of $157.89 and a one year high of $259.64. The stock has a fifty day moving average price of $194.75 and a 200 day moving average price of $214.85. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing analysts' consensus estimates of $4.14 by ($0.28). The business had revenue of $15.62 billion for the quarter, compared to the consensus estimate of $15.49 billion. Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.Capital One Financial's revenue was up 53.3% on a year-over-year basis. During the same period in the previous year, the business posted $2.67 earnings per share. Analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, February 19th. Capital One Financial's dividend payout ratio (DPR) is presently 108.11%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on COF shares. Royal Bank Of Canada reduced their price objective on Capital One Financial from $275.00 to $235.00 and set a "sector perform" rating for the company in a research report on Friday. Truist Financial reduced their price objective on Capital One Financial from $290.00 to $275.00 and set a "buy" rating for the company in a research report on Monday, January 26th. Keefe, Bruyette & Woods increased their price objective on Capital One Financial from $260.00 to $290.00 and gave the company an "outperform" rating in a research report on Friday, January 2nd. Morgan Stanley increased their price objective on Capital One Financial from $280.00 to $300.00 and gave the company an "overweight" rating in a research report on Tuesday, January 20th. Finally, Wells Fargo & Company reduced their price objective on Capital One Financial from $280.00 to $260.00 and set an "overweight" rating for the company in a research report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $262.95.

About Capital One Financial

Capital One Financial Corporation NYSE: COF is a diversified bank holding company headquartered in McLean, Virginia. The company's core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.

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