Capital One Financial Corporation (NYSE:COF) Shares Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC grew its holdings in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 8.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,853 shares of the financial services provider's stock after buying an additional 3,165 shares during the period. Wealthfront Advisers LLC's holdings in Capital One Financial were worth $7,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Capital One Financial by 18.6% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,882 shares of the financial services provider's stock valued at $10,010,000 after purchasing an additional 9,374 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its holdings in shares of Capital One Financial by 105.3% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 768 shares of the financial services provider's stock valued at $138,000 after purchasing an additional 394 shares during the last quarter. Mutual Advisors LLC purchased a new stake in shares of Capital One Financial in the 1st quarter valued at about $215,000. Lansforsakringar Fondforvaltning AB publ purchased a new stake in Capital One Financial during the 4th quarter valued at approximately $91,780,000. Finally, Janney Montgomery Scott LLC raised its stake in Capital One Financial by 9.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 98,617 shares of the financial services provider's stock valued at $17,682,000 after acquiring an additional 8,651 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Up 0.1%

Shares of NYSE COF traded up $0.26 during midday trading on Friday, reaching $218.26. 3,106,854 shares of the company's stock were exchanged, compared to its average volume of 3,628,157. Capital One Financial Corporation has a 52-week low of $128.23 and a 52-week high of $221.95. The stock has a market capitalization of $83.62 billion, a PE ratio of 18.33, a price-to-earnings-growth ratio of 0.91 and a beta of 1.15. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 0.98. The business's fifty day moving average price is $202.98 and its two-hundred day moving average price is $190.35.

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

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $2.40 annualized dividend and a dividend yield of 1.10%. Capital One Financial's dividend payout ratio is presently 20.15%.

Wall Street Analysts Forecast Growth

COF has been the subject of several analyst reports. Royal Bank Of Canada set a $190.00 price objective on Capital One Financial and gave the company a "sector perform" rating in a research note on Monday, April 14th. TD Cowen upgraded Capital One Financial from a "hold" rating to a "buy" rating and boosted their target price for the stock from $184.00 to $258.00 in a research report on Tuesday, July 8th. Citigroup dropped their target price on 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. BTIG Research upgraded 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. Finally, Truist Financial boosted their target price on Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a research report on Friday, April 25th. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $222.07.

Insider Activity at Capital One Financial

In other news, insider Michael Zamsky sold 9,560 shares of the business's 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 completion of the transaction, the insider directly owned 20,089 shares in the company, valued at approximately $4,005,746.60. The trade was a 32.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ann F. Hackett sold 1,658 shares of the business'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 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 disclosure for this sale can be found here. Insiders own 1.26% of the company's stock.

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.