Wealthcare Advisory Partners LLC Buys New Holdings in Capital One Financial Co. (NYSE:COF)

Wealthcare Advisory Partners LLC purchased a new position in Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,303 shares of the financial services provider’s stock, valued at approximately $232,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC lifted its holdings in shares of Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after purchasing an additional 1,169,395 shares in the last quarter. Eminence Capital LP bought a new position in shares of Capital One Financial in the second quarter valued at $127,465,000. International Assets Investment Management LLC acquired a new position in shares of Capital One Financial during the fourth quarter valued at about $130,683,000. Wellington Management Group LLP increased its position in shares of Capital One Financial by 268.7% during the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after acquiring an additional 710,881 shares in the last quarter. Finally, Southpoint Capital Advisors LP acquired a new stake in shares of Capital One Financial in the 3rd quarter worth about $104,811,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. The Goldman Sachs Group boosted their price objective on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Robert W. Baird increased their price target on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Barclays raised shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $158.00 to $219.00 in a report on Monday, January 6th. Keefe, Bruyette & Woods increased their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Ten equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $188.06.

Capital One Financial Trading Up 1.3 %

Shares of Capital One Financial stock opened at $193.42 on Wednesday. The stock has a market capitalization of $73.74 billion, a P/E ratio of 18.26, a P/E/G ratio of 1.23 and a beta of 1.46. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $198.30. 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 stock’s 50-day simple moving average is $183.84 and its 200 day simple moving average is $160.98.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10,220,675.12 billion. During the same period in the prior year, the company posted $2.81 EPS. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. As a group, research analysts anticipate that Capital One Financial Co. will post 13.53 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

Insider Buying and Selling

In other news, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Kara West sold 721 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 13,256 shares of company stock valued at $2,462,487. Corporate insiders own 1.30% of the company’s stock.

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.