Capital One Financial Co. (NYSE:COF) Stock Position Lifted by RFG Advisory LLC

RFG Advisory LLC grew its position in shares of Capital One Financial Co. (NYSE:COF) by 2.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,007 shares of the financial services provider’s stock after buying an additional 155 shares during the period. RFG Advisory LLC’s holdings in Capital One Financial were worth $1,043,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Householder Group Estate & Retirement Specialist LLC lifted its holdings in shares of Capital One Financial by 1,658.3% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 199 shares during the last quarter. Bartlett & Co. LLC lifted its holdings in shares of Capital One Financial by 726.7% in the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares during the last quarter. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of Capital One Financial by 726.7% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares during the last quarter. Rise Advisors LLC bought a new stake in shares of Capital One Financial in the 1st quarter worth approximately $33,000. Finally, Sound Income Strategies LLC lifted its holdings in shares of Capital One Financial by 109.4% in the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 139 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on COF. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target on the stock in a report on Thursday, April 4th. UBS Group raised their target price on Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, February 29th. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $159.00 target price on shares of Capital One Financial in a research report on Wednesday, March 27th. Wells Fargo & Company raised their target price on Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Wednesday, April 10th. Finally, Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and raised their target price for the company from $145.00 to $165.00 in a research report on Thursday, June 6th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat, Capital One Financial currently has an average rating of “Hold” and a consensus price target of $141.25.

Capital One Financial Stock Performance

COF opened at $136.77 on Friday. The firm has a market cap of $52.00 billion, a PE ratio of 10.71, a P/E/G ratio of 1.09 and a beta of 1.45. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86. The business has a fifty day simple moving average of $140.11 and a 200-day simple moving average of $136.44. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $149.94.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing the consensus estimate of $3.25 by ($0.04). The company had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.35 billion. Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The business’s revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the business earned $2.31 earnings per share. As a group, equities analysts predict that Capital One Financial Co. will post 13.3 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.75%. The ex-dividend date was Friday, May 10th. Capital One Financial’s dividend payout ratio is presently 18.79%.

Insider Transactions at Capital One Financial

In other news, insider Celia Karam sold 16,913 shares of the firm’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the sale, the insider now directly owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, insider Celia Karam sold 16,913 shares of the firm’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the sale, the insider now owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the sale, the insider now directly owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

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.