Valeo Financial Advisors LLC Buys 2,808 Shares of Capital One Financial Corporation $COF

Valeo Financial Advisors LLC raised its stake in shares of Capital One Financial Corporation (NYSE:COF) by 45.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 9,018 shares of the financial services provider’s stock after purchasing an additional 2,808 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Capital One Financial were worth $1,919,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Eagle Bay Advisors LLC increased its stake in Capital One Financial by 3.6% during the second quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock valued at $299,000 after acquiring an additional 49 shares during the period. Cantor Fitzgerald Investment Advisors L.P. grew its holdings in shares of Capital One Financial by 0.3% during the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock worth $3,532,000 after purchasing an additional 50 shares in the last quarter. Atlantic Edge Private Wealth Management LLC increased its position in shares of Capital One Financial by 66.7% during the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 50 shares during the period. Culbertson A N & Co. Inc. raised its stake in shares of Capital One Financial by 0.4% in the second quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock valued at $2,418,000 after purchasing an additional 50 shares in the last quarter. Finally, TFB Advisors LLC raised its stake in shares of Capital One Financial by 3.4% in the first quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider’s stock valued at $276,000 after purchasing an additional 51 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 17,840 shares of the business’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $222.03, for a total value of $3,961,015.20. Following the transaction, the insider owned 48,315 shares of the company’s stock, valued at approximately $10,727,379.45. The trade was a 26.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Lia Dean sold 3,269 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $218.15, for a total value of $713,132.35. Following the completion of the sale, the insider owned 69,855 shares of the company’s stock, valued at approximately $15,238,868.25. This trade represents a 4.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 280,218 shares of company stock worth $62,395,804. 1.26% of the stock is owned by company insiders.

Analyst Ratings Changes

COF has been the topic of a number of recent research reports. Wolfe Research started coverage on shares of Capital One Financial in a research note on Monday, December 8th. They set an “outperform” rating and a $270.00 price target on the stock. Robert W. Baird raised their price objective on shares of Capital One Financial from $245.00 to $270.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Jefferies Financial Group lifted their target price on shares of Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Zacks Research lowered shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Finally, Truist Financial lifted their price objective on Capital One Financial from $260.00 to $270.00 and gave the company a “buy” rating in a report on Friday, September 12th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $262.70.

Capital One Financial Trading Up 0.9%

Shares of COF stock opened at $239.93 on Tuesday. The company has a market capitalization of $152.53 billion, a P/E ratio of 101.23, a P/E/G ratio of 0.57 and a beta of 1.16. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $243.31. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The firm has a 50-day moving average price of $218.31 and a 200 day moving average price of $215.60.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The firm had revenue of $15.46 billion for the quarter. Research analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.3%. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s payout ratio is 135.02%.

Capital One Financial Company Profile

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.