Park Edge Advisors LLC Acquires Shares of 6,274 Capital One Financial Corporation $COF

Park Edge Advisors LLC acquired a new position in Capital One Financial Corporation (NYSE:COF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,274 shares of the financial services provider’s stock, valued at approximately $1,521,000.

A number of other large investors have also recently made changes to their positions in COF. Perigon Wealth Management LLC increased its stake in Capital One Financial by 13.1% during the fourth quarter. Perigon Wealth Management LLC now owns 13,422 shares of the financial services provider’s stock worth $3,253,000 after acquiring an additional 1,552 shares during the last quarter. Earned Wealth Advisors LLC lifted its stake in shares of Capital One Financial by 91.2% in the 4th quarter. Earned Wealth Advisors LLC now owns 2,593 shares of the financial services provider’s stock valued at $628,000 after purchasing an additional 1,237 shares during the last quarter. Wall Street Financial Group Inc. boosted its holdings in shares of Capital One Financial by 8.8% in the 4th quarter. Wall Street Financial Group Inc. now owns 1,316 shares of the financial services provider’s stock worth $319,000 after purchasing an additional 106 shares during the period. Piscataqua Savings Bank increased its position in shares of Capital One Financial by 13.6% during the 4th quarter. Piscataqua Savings Bank now owns 633 shares of the financial services provider’s stock valued at $153,000 after purchasing an additional 76 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA increased its position in shares of Capital One Financial by 121.2% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 3,650 shares of the financial services provider’s stock valued at $885,000 after purchasing an additional 2,000 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Price Performance

COF opened at $181.98 on Friday. The business has a fifty day moving average of $198.96 and a 200 day moving average of $216.75. The stock has a market cap of $113.18 billion, a P/E ratio of 61.48, a PEG ratio of 0.56 and a beta of 1.14. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $259.64.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). The business had revenue of $15.62 billion during the quarter, compared to analysts’ expectations of $15.49 billion. Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.The business’s revenue for the quarter was up 53.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.67 EPS. As a group, sell-side analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 19th were issued a dividend of $0.80 per share. The ex-dividend date was Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.8%. Capital One Financial’s dividend payout ratio (DPR) is presently 108.11%.

Analyst Ratings Changes

A number of analysts recently issued reports on COF shares. BTIG Research lowered their price target on Capital One Financial from $308.00 to $270.00 and set a “buy” rating for the company in a research report on Friday, January 23rd. Keefe, Bruyette & Woods boosted their price objective on shares of Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. Wells Fargo & Company increased their target price on shares of Capital One Financial from $265.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a report on Friday, March 27th. Finally, TD Cowen dropped their price target on shares of Capital One Financial from $290.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday. One research 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $274.45.

Insider Buying and Selling

In other Capital One Financial news, 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 sale, the insider directly owned 59,269 shares of the company’s stock, valued at $12,935,459.25. The trade was a 3.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Neal Blinde sold 38,135 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the completion of the transaction, the insider owned 33,551 shares in the company, valued at $6,391,801.01. This represents a 53.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 62,706 shares of company stock worth $13,086,680 over the last 90 days. Corporate insiders own 1.26% of the company’s stock.

Capital One Financial Company 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.