Diversify Wealth Management LLC Takes $218,000 Position in Capital One Financial Co. (NYSE:COF)

Diversify Wealth Management LLC bought a new position in Capital One Financial Co. (NYSE:COF) during the fourth quarter, HoldingsChannel reports. The fund bought 1,246 shares of the financial services provider’s stock, valued at approximately $218,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Asset Management One Co. Ltd. raised its stake in shares of Capital One Financial by 5.3% in the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after buying an additional 7,331 shares during the period. Principal Financial Group Inc. raised its stake in Capital One Financial by 4.3% during the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after acquiring an additional 17,825 shares during the period. CWA Asset Management Group LLC purchased a new position in Capital One Financial during the third quarter valued at approximately $1,649,000. Dai ichi Life Insurance Company Ltd increased its stake in shares of Capital One Financial by 36.8% in the third quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock worth $1,671,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Fisher Asset Management LLC raised its position in shares of Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after purchasing an additional 72,097 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on COF shares. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and upped their target price for the stock from $168.00 to $235.00 in a report on Monday, January 13th. The Goldman Sachs Group increased their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Barclays boosted their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday. Evercore ISI increased their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Finally, Bank of America downgraded shares of Capital One Financial from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $203.00 to $200.00 in a report on Monday, December 9th. Ten investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $190.47.

Insider Buying and Selling at Capital One Financial

In related news, insider Kara West sold 721 shares of Capital One Financial stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares in the company, valued at $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,256 shares of company stock worth $2,462,487 over the last 90 days. Company insiders own 1.30% of the company’s stock.

Capital One Financial Price Performance

NYSE:COF opened at $204.14 on Friday. The firm has a market capitalization of $77.82 billion, a price-to-earnings ratio of 17.61, a PEG ratio of 1.24 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. The business has a 50 day simple moving average of $184.29 and a 200-day simple moving average of $161.66. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $207.24.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.50%. The company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10,220,675.12 billion. During the same period in the previous year, the firm earned $2.81 earnings per share. Capital One Financial’s quarterly revenue was up 7.2% compared to the same quarter last year. Equities analysts forecast that Capital One Financial Co. will post 15.22 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s payout ratio is currently 20.71%.

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.