AMJ Financial Wealth Management Purchases 18,874 Shares of Capital One Financial Corporation $COF

AMJ Financial Wealth Management increased its position in Capital One Financial Corporation (NYSE:COF) by 99.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 37,864 shares of the financial services provider’s stock after purchasing an additional 18,874 shares during the quarter. Capital One Financial makes up 2.2% of AMJ Financial Wealth Management’s holdings, making the stock its 19th largest position. AMJ Financial Wealth Management’s holdings in Capital One Financial were worth $9,177,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Olistico Wealth LLC bought a new stake in shares of Capital One Financial in the 4th quarter valued at about $30,000. Rakuten Securities Inc. raised its holdings in shares of Capital One Financial by 550.0% in the 4th quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 110 shares during the period. Strive Asset Management LLC bought a new stake in shares of Capital One Financial in the 3rd quarter valued at about $28,000. Westfuller Advisors LLC raised its holdings in shares of Capital One Financial by 661.1% in the 4th quarter. Westfuller Advisors LLC now owns 137 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 119 shares during the period. Finally, NBT Bank N A NY bought a new position in Capital One Financial in the 4th quarter valued at about $36,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Up 0.8%

Shares of COF opened at $187.19 on Friday. Capital One Financial Corporation has a 12 month low of $174.98 and a 12 month high of $259.64. The firm’s 50 day moving average is $188.41 and its 200-day moving average is $211.67. The stock has a market capitalization of $116.48 billion, a PE ratio of 65.68, a P/E/G ratio of 0.68 and a beta of 1.05. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate of $5.08 by ($0.66). The business had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm’s revenue for the quarter was up 52.3% compared to the same quarter last year. During the same period in the prior year, the business posted $4.06 earnings per share. Equities research analysts forecast that Capital One Financial Corporation will post 19.17 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 19th will be given a dividend of $0.80 per share. The ex-dividend date is Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. Capital One Financial’s dividend payout ratio (DPR) is currently 112.28%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on COF. Barclays increased their price target on shares of Capital One Financial from $226.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Truist Financial lowered their price target on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Royal Bank Of Canada lowered their price target on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a report on Friday, April 10th. Rothschild & Co Redburn lowered their price target on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Eighteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $257.52.

Insider Buying and Selling at Capital One Financial

In related news, insider Celia Karam sold 1,749 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the sale, the insider owned 61,579 shares in the company, valued at approximately $11,858,883.82. This trade represents a 2.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jason P. Hanson sold 3,729 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total transaction of $764,445.00. Following the sale, the insider owned 40,230 shares in the company, valued at $8,247,150. This represents a 8.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 49,904 shares of company stock worth $9,528,159 in the last three months. Company insiders own 0.78% of the company’s stock.

Capital One Financial Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.