4,493 Shares in Capital One Financial Corporation $COF Bought by Spectrum Strategic Capital Management LLC

Spectrum Strategic Capital Management LLC purchased a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the 4th quarter, HoldingsChannel reports. The firm purchased 4,493 shares of the financial services provider’s stock, valued at approximately $1,089,000.

Other hedge funds have also modified their holdings of the company. Strive Asset Management LLC purchased a new position in shares of Capital One Financial in the third quarter worth about $28,000. Olistico Wealth LLC purchased a new stake in Capital One Financial in the fourth quarter valued at approximately $30,000. Rakuten Securities Inc. increased its holdings in Capital One Financial by 550.0% in the 4th quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock worth $32,000 after buying an additional 110 shares during the period. WFA of San Diego LLC purchased a new position in Capital One Financial during the 2nd quarter worth approximately $32,000. Finally, Westfuller Advisors LLC raised its position in Capital One Financial by 661.1% during the 4th quarter. Westfuller Advisors LLC now owns 137 shares of the financial services provider’s stock worth $33,000 after buying an additional 119 shares during the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Up 0.0%

COF stock opened at $187.19 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03. The firm’s fifty day simple moving average is $188.41 and its 200-day simple moving average is $211.59. Capital One Financial Corporation has a 12 month low of $174.98 and a 12 month high of $259.64. The company has a market capitalization of $116.48 billion, a P/E ratio of 65.68, a price-to-earnings-growth ratio of 0.68 and a beta of 1.05.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The firm had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. During the same quarter in the prior year, the firm earned $4.06 earnings per share. The business’s revenue for the quarter was up 52.3% on a year-over-year basis. As a group, equities research analysts forecast that Capital One Financial Corporation will post 19.17 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 19th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Tuesday, May 19th. Capital One Financial’s payout ratio is currently 112.28%.

Insider Transactions at Capital One Financial

In related news, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the transaction, the insider directly owned 61,579 shares in the company, valued at $11,858,883.82. The trade was a 2.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jason P. Hanson sold 3,729 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total transaction of $764,445.00. Following the completion of the transaction, the insider owned 40,230 shares of the company’s stock, valued at approximately $8,247,150. This represents a 8.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 49,904 shares of company stock worth $9,528,159. Insiders own 0.78% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Truist Financial dropped their price objective on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Wolfe Research dropped their price objective on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a report on Friday, January 23rd. Barclays upped their price objective on shares of Capital One Financial from $226.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Finally, Evercore dropped their price objective on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a report on Monday, April 6th. Eighteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $257.52.

About Capital One Financial

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.