One Wealth Capital Management LLC Invests $292,000 in Capital One Financial Co. (NYSE:COF)

One Wealth Capital Management LLC acquired a new stake in Capital One Financial Co. (NYSE:COF) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,636 shares of the financial services provider’s stock, valued at approximately $292,000.

Other institutional investors have also added to or reduced their stakes in the company. Oliver Luxxe Assets LLC lifted its stake in shares of Capital One Financial by 0.6% during the 4th quarter. Oliver Luxxe Assets LLC now owns 41,868 shares of the financial services provider’s stock valued at $7,466,000 after buying an additional 250 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of Capital One Financial by 6.6% during the fourth quarter. Nordea Investment Management AB now owns 30,441 shares of the financial services provider’s stock worth $5,436,000 after acquiring an additional 1,877 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of Capital One Financial by 48.1% during the fourth quarter. Versant Capital Management Inc now owns 640 shares of the financial services provider’s stock worth $114,000 after acquiring an additional 208 shares in the last quarter. Old Port Advisors bought a new position in shares of Capital One Financial in the fourth quarter worth $220,000. Finally, Principal Financial Group Inc. raised its stake in shares of 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 valued at $64,482,000 after purchasing an additional 17,825 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

Capital One Financial Price Performance

Shares of COF stock traded down $2.41 during trading hours on Tuesday, hitting $181.11. 1,709,246 shares of the company’s stock were exchanged, compared to its average volume of 1,873,260. The company has a market capitalization of $69.10 billion, a PE ratio of 17.10, a PEG ratio of 1.36 and a beta of 1.46. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 12-month low of $123.23 and a 12-month high of $198.30. The business’s 50 day simple moving average is $181.68 and its 200-day simple moving average is $157.69.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same period in the previous year, the firm posted $4.45 earnings per share. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. On average, equities research analysts anticipate that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors 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 1.33%. Capital One Financial’s payout ratio is 22.66%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. The Goldman Sachs Group lifted their target price on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Keefe, Bruyette & Woods upped their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Evercore ISI raised their price target 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. Truist Financial assumed coverage on shares of Capital One Financial in a report on Tuesday. They issued a “buy” rating and a $229.00 price target on the stock. Finally, Robert W. Baird lifted their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Ten equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial presently has a consensus rating of “Hold” and a consensus price target of $181.12.

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.