Capital One Financial Co. (NYSE:COF) Shares Acquired by My Legacy Advisors LLC

My Legacy Advisors LLC increased its holdings in shares of Capital One Financial Co. (NYSE:COF) by 19.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,449 shares of the financial services provider’s stock after acquiring an additional 1,058 shares during the quarter. My Legacy Advisors LLC’s holdings in Capital One Financial were worth $1,230,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in COF. Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial during the 4th quarter worth approximately $32,000. Catalyst Capital Advisors LLC purchased a new stake in Capital One Financial in the third quarter valued at $36,000. Creative Financial Designs Inc. ADV boosted its stake in Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 166 shares in the last quarter. Eastern Bank purchased a new position in shares of Capital One Financial during the third quarter worth about $44,000. Finally, Prospera Private Wealth LLC purchased a new position in shares of Capital One Financial during the third quarter worth about $47,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Up 1.4 %

COF opened at $191.16 on Friday. The business has a 50 day simple moving average of $183.82 and a 200-day simple moving average of $160.31. Capital One Financial Co. has a 12 month low of $123.23 and a 12 month high of $198.30. The stock has a market capitalization of $72.88 billion, a P/E ratio of 18.05, a P/E/G ratio of 1.12 and a beta of 1.46. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping the consensus estimate of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business’s revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $4.45 EPS. On average, equities analysts anticipate that Capital One Financial Co. will post 13.41 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.26%. Capital One Financial’s payout ratio is currently 22.66%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the company’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the sale, the insider now owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction on 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 transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,256 shares of company stock valued at $2,462,487. Corporate insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on COF shares. Royal Bank of Canada upped their target price on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. Robert W. Baird increased their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the company from $168.00 to $235.00 in a report on Monday, January 13th. Keefe, Bruyette & Woods increased their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Finally, HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a research note on Tuesday, January 14th. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $188.06.

About Capital One Financial

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.