Wealth Enhancement Advisory Services LLC Boosts Stock Holdings in Capital One Financial Co. (NYSE:COF)

Wealth Enhancement Advisory Services LLC grew its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 14.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 26,230 shares of the financial services provider's stock after purchasing an additional 3,226 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Capital One Financial were worth $4,677,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Brighton Jones LLC lifted its holdings in shares of Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock worth $2,423,000 after acquiring an additional 10,428 shares during the last quarter. Mediolanum International Funds Ltd acquired a new position in Capital One Financial during the 4th quarter worth approximately $279,000. Chicago Partners Investment Group LLC boosted its position in Capital One Financial by 12.2% in the fourth quarter. Chicago Partners Investment Group LLC now owns 2,524 shares of the financial services provider's stock valued at $455,000 after buying an additional 275 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. grew its stake in shares of Capital One Financial by 6.2% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 11,473 shares of the financial services provider's stock worth $2,046,000 after buying an additional 665 shares during the last quarter. Finally, Spire Wealth Management increased its holdings in shares of Capital One Financial by 14.7% during the fourth quarter. Spire Wealth Management now owns 5,609 shares of the financial services provider's stock worth $1,000,000 after buying an additional 717 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Activity

In other news, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction dated Monday, May 12th. The shares were 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 directly owns 20,089 shares in the company, valued at $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of the company's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the completion of the sale, the director now owns 56,244 shares in the company, valued at $11,175,682.80. This represents 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 company insiders.

Capital One Financial Trading Down 1.4%

Shares of NYSE:COF traded down $2.68 during midday trading on Wednesday, reaching $192.95. The company's stock had a trading volume of 3,021,390 shares, compared to its average volume of 3,496,606. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a 50 day moving average price of $179.72 and a two-hundred day moving average price of $184.78. The firm has a market capitalization of $73.93 billion, a price-to-earnings ratio of 16.65, a PEG ratio of 1.19 and a beta of 1.13.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.75 by $0.31. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. As a group, analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Friday, May 23rd. Capital One Financial's payout ratio is 20.15%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective on the stock in a report on Tuesday, March 25th. Wells Fargo & Company lifted their price target on Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a research note on Thursday, April 24th. Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target on the stock in a report on Wednesday, March 12th. JPMorgan Chase & Co. cut their target price on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Finally, Baird R W raised shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 11th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $207.60.

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.