71 West Capital Partners Acquires New Shares in Capital One Financial Corporation $COF

71 West Capital Partners acquired a new stake in shares of Capital One Financial Corporation (NYSE:COF) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,254 shares of the financial services provider’s stock, valued at approximately $789,000.

A number of other institutional investors have also recently bought and sold shares of COF. Brighton Jones LLC boosted its position in Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after purchasing an additional 10,428 shares during the last quarter. Intech Investment Management LLC boosted its position in Capital One Financial by 44.3% during the first quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock valued at $1,608,000 after purchasing an additional 2,753 shares during the last quarter. Sivia Capital Partners LLC boosted its position in Capital One Financial by 118.3% during the second quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock valued at $702,000 after purchasing an additional 1,788 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in Capital One Financial during the second quarter valued at $218,000. Finally, Jump Financial LLC acquired a new stake in Capital One Financial during the second quarter valued at $1,086,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of the transaction, the general counsel owned 97,194 shares of the company’s stock, valued at approximately $17,876,892.42. The trade was a 3.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $192.58, for a total value of $336,822.42. Following the transaction, the insider directly owned 61,579 shares of the company’s stock, valued at $11,858,883.82. This represents a 2.76% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 8,040 shares of company stock valued at $1,498,615. Insiders own 0.78% of the company’s stock.

Capital One Financial Price Performance

NYSE COF opened at $194.58 on Tuesday. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month 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. The stock has a market capitalization of $121.08 billion, a PE ratio of 68.27, a P/E/G ratio of 0.66 and a beta of 1.03. The stock has a 50-day simple moving average of $189.38 and a 200 day simple moving average of $207.20.

Capital One Financial (NYSE:COFGet Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share 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 business had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. During the same period in the prior year, the firm posted $4.06 EPS. Capital One Financial’s revenue for the quarter was up 52.3% on a year-over-year basis. Research analysts anticipate that Capital One Financial Corporation will post 19.51 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, May 19th. Capital One Financial’s payout ratio is currently 112.28%.

Wall Street Analyst Weigh In

COF has been the subject of a number of research reports. Royal Bank Of Canada reduced their price objective on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a research report on Friday, April 10th. UBS Group decreased their price target on Capital One Financial from $283.00 to $270.00 in a research note on Wednesday, May 6th. Truist Financial decreased their price target on Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. The Goldman Sachs Group decreased their price target on Capital One Financial from $300.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. Finally, Rothschild & Co Redburn decreased their price target on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Seventeen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and an average target price of $258.75.

Check Out Our Latest Analysis on COF

Capital One Financial Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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