Capital One Financial Corporation $COF Shares Acquired by Modera Wealth Management LLC

Modera Wealth Management LLC raised its stake in shares of Capital One Financial Corporation (NYSE:COF) by 94.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,399 shares of the financial services provider’s stock after acquiring an additional 2,617 shares during the period. Modera Wealth Management LLC’s holdings in Capital One Financial were worth $1,149,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Eagle Bay Advisors LLC raised its position in Capital One Financial by 3.6% in the second quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock worth $299,000 after acquiring an additional 49 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. grew its stake 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 during the period. Atlantic Edge Private Wealth Management LLC grew its stake in shares of Capital One Financial by 66.7% during the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 50 shares during the period. TFB Advisors LLC increased its holdings in shares of Capital One Financial by 3.4% in the 1st 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. Finally, Meiji Yasuda Asset Management Co Ltd. lifted its stake in shares of Capital One Financial by 0.9% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider’s stock valued at $1,097,000 after purchasing an additional 53 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

COF has been the topic of several recent analyst reports. UBS Group lowered their target price on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. TD Cowen lifted their price objective on Capital One Financial from $258.00 to $261.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Deutsche Bank Aktiengesellschaft upped their target price on Capital One Financial from $224.00 to $240.00 and gave the company a “hold” rating in a report on Wednesday, October 22nd. Wells Fargo & Company raised their price target on Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Finally, Keefe, Bruyette & Woods lifted their price target on Capital One Financial from $248.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 23rd. Four analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

Capital One Financial Trading Up 0.4%

Shares of COF opened at $217.83 on Friday. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The company has a market capitalization of $139.31 billion, a PE ratio of 91.91, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19. The stock has a fifty day moving average of $219.28 and a two-hundred day moving average of $209.71. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03.

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

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 17th will be issued a $0.80 dividend. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date is Monday, November 17th. This represents a $3.20 annualized dividend and a yield of 1.5%. Capital One Financial’s dividend payout ratio (DPR) is presently 101.27%.

Insider Activity at Capital One Financial

In other news, CEO Richard D. Fairbank sold 103,487 shares of the stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $220.68, for a total transaction of $22,837,511.16. Following the transaction, the chief executive officer directly owned 4,001,228 shares in the company, valued at $882,990,995.04. This represents a 2.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $219.41, for a total transaction of $438,820.00. Following the completion of the sale, the general counsel directly owned 96,486 shares in the company, valued at $21,169,993.26. This represents a 2.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 259,842 shares of company stock worth $57,857,467. 1.26% of the stock is owned by insiders.

Capital One Financial 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.