Fifth Third Wealth Advisors LLC Has $3.87 Million Stake in Capital One Financial Corporation $COF

Fifth Third Wealth Advisors LLC lifted its stake in Capital One Financial Corporation (NYSE:COF) by 17.0% during the first quarter, Holdings Channel reports. The fund owned 21,191 shares of the financial services provider’s stock after acquiring an additional 3,072 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Capital One Financial were worth $3,866,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. OP Asset Management Ltd acquired a new position in Capital One Financial during the first quarter valued at approximately $17,199,000. Apella Capital LLC lifted its stake in shares of Capital One Financial by 54.1% in the first quarter. Apella Capital LLC now owns 1,871 shares of the financial services provider’s stock worth $341,000 after buying an additional 657 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Capital One Financial by 46.9% in the first quarter. Assenagon Asset Management S.A. now owns 1,066,036 shares of the financial services provider’s stock worth $194,477,000 after buying an additional 340,491 shares during the last quarter. Keudell Morrison Wealth Management boosted its holdings in shares of Capital One Financial by 32.9% during the 1st quarter. Keudell Morrison Wealth Management now owns 1,764 shares of the financial services provider’s stock worth $322,000 after buying an additional 437 shares during the period. Finally, CENTRAL TRUST Co grew its stake in Capital One Financial by 2.9% in the 1st quarter. CENTRAL TRUST Co now owns 9,494 shares of the financial services provider’s stock valued at $1,732,000 after buying an additional 266 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Capital One Financial

In other news, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction that occurred 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 owned 61,579 shares in the company, valued at approximately $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total value of $643,755.00. Following the completion of the transaction, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. This represents a 3.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 8,040 shares of company stock worth $1,498,615 over the last ninety days. Corporate insiders own 0.78% of the company’s stock.

Capital One Financial Trading Up 1.3%

Shares of COF stock opened at $200.37 on Thursday. The firm has a fifty day moving average of $190.97 and a 200-day moving average of $206.15. The stock has a market cap of $124.69 billion, a price-to-earnings ratio of 70.30, a P/E/G ratio of 0.71 and a beta of 1.03. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The company had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. During the same quarter last year, the business earned $4.06 EPS. Capital One Financial’s quarterly revenue was up 52.3% compared to the same quarter last year. On average, equities research analysts forecast that Capital One Financial Corporation will post 19.51 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were given a $0.80 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. Capital One Financial’s payout ratio is 112.28%.

Analysts Set New Price Targets

COF has been the subject of a number of research analyst reports. UBS Group cut their target price on shares of Capital One Financial from $283.00 to $270.00 in a research report on Wednesday, May 6th. Wells Fargo & Company dropped their target price on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. 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 research report on Wednesday, April 22nd. Royal Bank Of Canada decreased their target price on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a research report on Friday, April 10th. Finally, Evercore lowered their price target on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a research note on Monday, April 6th. Seventeen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and an average target price of $258.75.

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.