Capital One Financial Corporation (NYSE:COF) Shares Bought by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. grew its position in Capital One Financial Corporation (NYSE:COF) by 4.0% during the first quarter, Holdings Channel.com reports. The firm owned 13,123 shares of the financial services provider’s stock after acquiring an additional 506 shares during the period. Meeder Advisory Services Inc.’s holdings in Capital One Financial were worth $2,353,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of COF. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Capital One Financial by 18.6% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,882 shares of the financial services provider’s stock worth $10,010,000 after buying an additional 9,374 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in shares of Capital One Financial by 105.3% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 768 shares of the financial services provider’s stock valued at $138,000 after buying an additional 394 shares during the last quarter. Private Advisor Group LLC raised its stake in Capital One Financial by 15.3% during the 1st quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider’s stock worth $1,776,000 after acquiring an additional 1,312 shares in the last quarter. Mutual Advisors LLC purchased a new stake in Capital One Financial in the first quarter valued at $215,000. Finally, Lansforsakringar Fondforvaltning AB publ acquired a new position in Capital One Financial in the fourth quarter valued at $91,780,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Down 0.2%

COF stock opened at $213.78 on Wednesday. The stock has a market capitalization of $81.91 billion, a PE ratio of 109.63, a price-to-earnings-growth ratio of 0.85 and a beta of 1.15. The company has a fifty day moving average of $205.36 and a 200-day moving average of $192.06. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. Capital One Financial Corporation has a one year low of $128.23 and a one year high of $232.45.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to analysts’ expectations of $12.72 billion. During the same period in the prior year, the company earned $3.14 earnings per share. The company’s revenue for the quarter was up 31.4% on a year-over-year basis. As a group, analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.12%. Capital One Financial’s dividend payout ratio is currently 123.08%.

Insider Activity at Capital One Financial

In other news, insider Robert M. Alexander sold 10,114 shares of the company’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the transaction, the insider directly owned 68,707 shares of the company’s stock, valued at $15,655,577.02. This represents a 12.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of the firm’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the completion of the sale, the director owned 56,244 shares of the company’s stock, valued at $11,175,682.80. This trade represents a 2.86% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,332 shares of company stock worth $4,540,285 over the last three months. 1.26% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Citigroup lifted their target price on Capital One Financial from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. JPMorgan Chase & Co. lifted their price target on Capital One Financial from $245.00 to $248.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Wall Street Zen raised Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, July 18th. Truist Financial raised their target price on shares of Capital One Financial from $225.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Keefe, Bruyette & Woods upped their price target on shares of Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a research report on Wednesday, July 23rd. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $235.40.

Capital One Financial Company 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.