Bruce G. Allen Investments LLC Purchases 96 Shares of Capital One Financial Co. (NYSE:COF)

Bruce G. Allen Investments LLC increased its position in Capital One Financial Co. (NYSE:COF) by 13.7% during the fourth quarter, Holdings Channel reports. The firm owned 796 shares of the financial services provider’s stock after buying an additional 96 shares during the quarter. Bruce G. Allen Investments LLC’s holdings in Capital One Financial were worth $142,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Prossimo Advisors LLC lifted its position in shares of Capital One Financial by 2.4% in the third quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock valued at $410,000 after buying an additional 65 shares during the last quarter. Arkadios Wealth Advisors boosted its position in Capital One Financial by 3.9% during the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after purchasing an additional 66 shares during the period. Baldwin Investment Management LLC increased its holdings in shares of Capital One Financial by 0.6% in the third quarter. Baldwin Investment Management LLC now owns 12,215 shares of the financial services provider’s stock valued at $1,829,000 after purchasing an additional 70 shares during the last quarter. Harbour Investments Inc. increased its holdings in shares of Capital One Financial by 0.7% in the third quarter. Harbour Investments Inc. now owns 9,579 shares of the financial services provider’s stock valued at $1,434,000 after purchasing an additional 71 shares during the last quarter. Finally, Arvest Investments Inc. raised its position in shares of Capital One Financial by 1.2% in the third quarter. Arvest Investments Inc. now owns 6,513 shares of the financial services provider’s stock valued at $975,000 after purchasing an additional 75 shares during the period. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the sale, the insider now owns 26,482 shares in the company, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the transaction, the insider now owns 44,711 shares of the company’s stock, valued at $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock worth $4,982,647 in the last ninety days. Company insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

COF has been the topic of a number of recent research reports. Royal Bank of Canada increased their target price on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Citigroup started coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 target price for the company. Truist Financial started coverage on shares of Capital One Financial in a research note on Tuesday. They issued a “buy” rating and a $229.00 price objective for the company. Bank of America lowered shares of Capital One Financial from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $203.00 to $200.00 in a research report on Monday, December 9th. Finally, Wells Fargo & Company lifted their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Ten investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Capital One Financial currently has a consensus rating of “Hold” and an average price target of $181.12.

Capital One Financial Price Performance

Shares of COF traded down $5.18 during mid-day trading on Friday, reaching $174.96. The company had a trading volume of 2,999,403 shares, compared to its average volume of 2,225,474. The company has a market capitalization of $66.70 billion, a price-to-earnings ratio of 16.52, a P/E/G ratio of 1.36 and a beta of 1.46. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The company’s 50 day simple moving average is $182.66 and its 200 day simple moving average is $158.31. Capital One Financial Co. has a 1-year low of $123.23 and a 1-year high of $198.30.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the previous year, the company posted $4.45 EPS. Capital One Financial’s quarterly revenue was up 6.8% compared to the same quarter last year. Analysts expect that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.37%. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

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.