First Financial Bankshares Inc Buys 6,581 Shares of Capital One Financial Corporation $COF

First Financial Bankshares Inc raised its stake in Capital One Financial Corporation (NYSE:COF) by 544.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,790 shares of the financial services provider’s stock after purchasing an additional 6,581 shares during the period. First Financial Bankshares Inc’s holdings in Capital One Financial were worth $1,656,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in COF. Solstein Capital LLC purchased a new position in shares of Capital One Financial in the 2nd quarter worth approximately $28,000. Roble Belko & Company Inc purchased a new stake in Capital One Financial during the second quarter valued at approximately $28,000. Howard Hughes Medical Institute acquired a new stake in Capital One Financial in the second quarter valued at approximately $29,000. Legacy Investment Solutions LLC purchased a new position in Capital One Financial in the second quarter worth $30,000. Finally, GoalVest Advisory LLC acquired a new position in shares of Capital One Financial during the second quarter worth $32,000. 89.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on COF. The Goldman Sachs Group reissued a “buy” rating and issued a $300.00 price objective on shares of Capital One Financial in a research report on Tuesday, January 6th. TD Cowen reiterated a “buy” rating on shares of Capital One Financial in a research note on Thursday, January 8th. Deutsche Bank Aktiengesellschaft lowered their price target on Capital One Financial from $263.00 to $256.00 and set a “hold” rating for the company in a report on Friday, January 23rd. Jefferies Financial Group boosted their price target on Capital One Financial from $265.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Finally, Truist Financial decreased their price objective on shares of 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. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $274.70.

Insider Buying and Selling

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $250.00, for a total transaction of $500,000.00. Following the completion of the transaction, the general counsel owned 92,486 shares in the company, valued at approximately $23,121,500. This trade represents a 2.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Celia Karam sold 2,108 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $218.25, for a total value of $460,071.00. Following the completion of the transaction, the insider directly owned 59,269 shares of the company’s stock, valued at approximately $12,935,459.25. This trade represents a 3.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 34,274 shares of company stock valued at $8,131,054 over the last quarter. 1.26% of the stock is currently owned by company insiders.

Capital One Financial Price Performance

Shares of NYSE COF opened at $190.69 on Tuesday. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $259.64. The business’s 50 day moving average price is $230.60 and its 200 day moving average price is $223.34. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. The firm has a market cap of $118.60 billion, a P/E ratio of 64.42, a P/E/G ratio of 0.61 and a beta of 1.14.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The business’s revenue was up 53.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.67 EPS. On average, sell-side analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th will be issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, February 19th. Capital One Financial’s dividend payout ratio is presently 108.11%.

Capital One Financial Profile

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.