Accredited Investors Inc. Takes $1.09 Million Position in Capital One Financial Corporation $COF

Accredited Investors Inc. acquired a new stake in Capital One Financial Corporation (NYSE:COF) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 4,514 shares of the financial services provider’s stock, valued at approximately $1,094,000.

Other large investors also recently modified their holdings of the company. Strive Asset Management LLC bought a new stake in shares of Capital One Financial in the 3rd quarter valued at approximately $28,000. Olistico Wealth LLC bought a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. grew its stake 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. WFA of San Diego LLC bought a new stake in Capital One Financial during the 2nd quarter worth approximately $32,000. Finally, Westfuller Advisors LLC grew its position in Capital One Financial by 661.1% during the 4th quarter. Westfuller Advisors LLC now owns 137 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 119 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Up 0.8%

NYSE:COF opened at $187.19 on Friday. The stock’s fifty day moving average price is $188.41 and its two-hundred day moving average price is $211.67. Capital One Financial Corporation has a 52-week low of $174.98 and a 52-week high of $259.64. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market cap of $116.48 billion, a price-to-earnings ratio of 65.68, a P/E/G ratio of 0.68 and a beta of 1.05.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). The firm had revenue of $15.23 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 52.3% compared to the same quarter last year. During the same period in the prior year, the company posted $4.06 EPS. On average, analysts anticipate that Capital One Financial Corporation will post 19.17 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th will be paid a $0.80 dividend. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. Capital One Financial’s dividend payout ratio is 112.28%.

Analysts Set New Price Targets

A number of research firms recently commented on COF. Truist Financial decreased their price target on Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. Barclays increased their price target on Capital One Financial from $226.00 to $250.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Rothschild & Co Redburn decreased their price target on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft decreased their price target on Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. increased their price target on Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Eighteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $257.52.

Insider Buying and Selling

In other news, insider Celia Karam sold 1,749 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $192.58, for a total value of $336,822.42. Following the transaction, the insider owned 61,579 shares of the company’s stock, valued at $11,858,883.82. This represents a 2.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total value of $643,755.00. Following the completion of the transaction, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. This trade represents a 3.48% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 49,904 shares of company stock worth $9,528,159 over the last 90 days. 0.78% of the stock is currently owned by corporate insiders.

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.