Wealth Enhancement Advisory Services LLC Has $5.58 Million Holdings in Capital One Financial Corporation (NYSE:COF)

Wealth Enhancement Advisory Services LLC boosted its stake in Capital One Financial Corporation (NYSE:COF - Free Report) by 18.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,129 shares of the financial services provider's stock after buying an additional 4,899 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Capital One Financial were worth $5,582,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in COF. Norden Group LLC grew its holdings in Capital One Financial by 2.6% during the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock worth $358,000 after acquiring an additional 51 shares during the period. Quadrant Capital Group LLC boosted its position in shares of Capital One Financial by 1.0% during the 4th quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock valued at $936,000 after purchasing an additional 54 shares in the last quarter. Family Legacy Inc. boosted its position in shares of Capital One Financial by 0.8% during the 4th quarter. Family Legacy Inc. now owns 7,980 shares of the financial services provider's stock valued at $1,438,000 after purchasing an additional 60 shares in the last quarter. FFT Wealth Management LLC raised its holdings in shares of Capital One Financial by 2.4% in the 4th quarter. FFT Wealth Management LLC now owns 2,720 shares of the financial services provider's stock worth $485,000 after purchasing an additional 65 shares in the last quarter. Finally, Pinion Investment Advisors LLC increased its holdings in shares of Capital One Financial by 4.0% in the fourth quarter. Pinion Investment Advisors LLC now owns 1,688 shares of the financial services provider's stock valued at $301,000 after buying an additional 65 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction that occurred on 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 sale, the insider now directly owns 20,089 shares of the company's stock, valued at approximately $4,005,746.60. The trade was a 32.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ann F. Hackett sold 1,658 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the transaction, the director now owns 56,244 shares of the company's stock, valued at $11,175,682.80. This trade 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 corporate insiders.

Capital One Financial Stock Performance

COF traded up $0.66 on Friday, hitting $211.17. The company had a trading volume of 4,407,824 shares, compared to its average volume of 3,588,487. The stock has a market cap of $80.91 billion, a price-to-earnings ratio of 17.73, a price-to-earnings-growth ratio of 0.92 and a beta of 1.13. 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's fifty day moving average price is $191.24 and its 200 day moving average price is $186.22. Capital One Financial Corporation has a 1-year low of $128.23 and a 1-year high of $212.88.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.31. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a net margin of 9.65% and a return on equity of 9.63%. Equities analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's dividend payout ratio is currently 20.15%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price on the stock in a research report on Tuesday, March 25th. Citigroup lowered their price objective on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a research report on Monday, March 24th. 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 report on Friday, April 25th. Barclays reiterated an "overweight" rating and issued a $253.00 target price (up previously from $212.00) on shares of Capital One Financial in a report on Monday. Finally, Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and lifted their target price for the company from $190.00 to $200.00 in a research note on Tuesday, March 11th. Four investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Capital One Financial currently has a consensus rating of "Moderate Buy" and a consensus target price of $215.86.

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.