HHM Wealth Advisors LLC Buys 1,301 Shares of Capital One Financial Corporation $COF

HHM Wealth Advisors LLC boosted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 379.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,644 shares of the financial services provider’s stock after buying an additional 1,301 shares during the period. HHM Wealth Advisors LLC’s holdings in Capital One Financial were worth $350,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. WPG Advisers LLC purchased a new position in shares of Capital One Financial in the 1st quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC raised its holdings in Capital One Financial by 103.3% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after buying an additional 62 shares during the last quarter. Olistico Wealth LLC lifted its stake in shares of Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after buying an additional 101 shares in the last quarter. Saudi Central Bank purchased a new stake in shares of Capital One Financial during the first quarter valued at approximately $27,000. Finally, RMG Wealth Management LLC bought a new stake in shares of Capital One Financial during the second quarter valued at approximately $27,000. 89.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on COF shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research note on Thursday, November 13th. The Goldman Sachs Group raised their price target on shares of Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a report on Wednesday, October 22nd. Wolfe Research boosted their price objective on shares of Capital One Financial from $260.00 to $262.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft raised their target price on shares of Capital One Financial from $224.00 to $240.00 and gave the stock a “hold” rating in a report on Wednesday, October 22nd. Finally, BTIG Research reiterated a “buy” rating and set a $264.00 target price on shares of Capital One Financial in a research note on Wednesday, October 22nd. Four analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.

Insiders Place Their Bets

In related news, insider Frank G. LapradeIii sold 17,840 shares of the business’s stock in a transaction that occurred 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 directly 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $219.41, for a total transaction of $438,820.00. Following the sale, the general counsel directly owned 96,486 shares of the company’s stock, valued at approximately $21,169,993.26. This trade represents a 2.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 274,013 shares of company stock valued at $61,045,903 over the last three months. Insiders own 1.26% of the company’s stock.

Capital One Financial Trading Down 0.2%

Shares of Capital One Financial stock opened at $200.61 on Wednesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market capitalization of $127.53 billion, a PE ratio of 84.64, a P/E/G ratio of 0.70 and a beta of 1.19. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45. The company’s fifty day simple moving average is $217.89 and its 200-day simple moving average is $211.42.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (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, equities analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share 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 paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, November 17th. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio (DPR) is currently 135.02%.

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.