3,421 Shares in Capital One Financial Corporation $COF Acquired by M Holdings Securities Inc.

M Holdings Securities Inc. acquired a new stake in Capital One Financial Corporation (NYSE:COF) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 3,421 shares of the financial services provider’s stock, valued at approximately $674,000.

Other large investors have also recently added to or reduced their stakes in the company. State Street Corp boosted its stake in shares of Capital One Financial by 107.9% during the 2nd quarter. State Street Corp now owns 57,278,732 shares of the financial services provider’s stock valued at $11,491,259,000 after buying an additional 29,724,829 shares during the period. BlackRock Inc. grew its holdings in shares of Capital One Financial by 0.5% during the 2nd quarter. BlackRock Inc. now owns 51,054,869 shares of the financial services provider’s stock valued at $10,242,628,000 after acquiring an additional 236,643 shares in the last quarter. Bank of America Corp DE acquired a new position in shares of Capital One Financial in the second quarter worth $1,435,311,000. Wellington Management Group LLP increased its stake in shares of Capital One Financial by 36.2% in the second quarter. Wellington Management Group LLP now owns 7,108,112 shares of the financial services provider’s stock worth $1,426,029,000 after acquiring an additional 1,887,497 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Capital One Financial by 3.5% in the second quarter. Bank of New York Mellon Corp now owns 5,621,240 shares of the financial services provider’s stock worth $1,127,733,000 after acquiring an additional 187,532 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $214.10, for a total value of $749,350.00. Following the completion of the sale, the general counsel owned 83,194 shares of the company’s stock, valued at $17,811,835.40. The trade was a 4.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 2,017 shares of the company’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $206.07, for a total value of $415,643.19. Following the sale, the insider owned 57,696 shares of the company’s stock, valued at approximately $11,889,414.72. This trade represents a 3.38% 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. Over the last ninety days, insiders sold 202,145 shares of company stock valued at $41,281,806. Corporate insiders own 0.78% of the company’s stock.

Capital One Financial Stock Performance

COF stock opened at $195.63 on Wednesday. The firm has a 50 day moving average of $202.88 and a two-hundred day moving average of $200.56. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64. The company has a market capitalization of $117.68 billion, a price-to-earnings ratio of 11.55, a P/E/G ratio of 0.90 and a beta of 1.10. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.45.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $6.69 earnings per share for the quarter, beating analysts’ consensus estimates of $5.53 by $1.16. The business had revenue of $16.31 billion for the quarter, compared to the consensus estimate of $16.25 billion. Capital One Financial had a net margin of 13.70% and a return on equity of 11.64%. Capital One Financial’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the firm earned $5.95 EPS. As a group, equities analysts anticipate that Capital One Financial Corporation will post 21.53 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 16th will be issued a $0.80 dividend. The ex-dividend date is Monday, November 16th. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. Capital One Financial’s dividend payout ratio is currently 18.89%.

Analyst Ratings Changes

Several analysts recently issued reports on COF shares. Wall Street Zen lowered Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Piper Sandler lifted their price objective on Capital One Financial from $260.00 to $269.00 and gave the company an “overweight” rating in a research report on Wednesday, October 21st. BMO Capital Markets boosted their target price on Capital One Financial from $219.00 to $225.00 and gave the company a “market perform” rating in a research note on Wednesday, October 21st. Morgan Stanley dropped their target price on Capital One Financial from $273.00 to $267.00 and set an “overweight” rating on the stock in a research report on Monday, October 12th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 price target on Capital One Financial in a research note on Thursday, August 20th. Twenty research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $256.50.

Capital One Financial Company Profile

Capital One Financial Corporation is a bank holding company that provides credit cards, consumer banking, auto financing and commercial banking services. Its offerings include credit cards, deposit accounts, loans and financial services for businesses. The company traces its roots to a credit card business established within Signet Banking Corporation in 1988 and became an independent company in 1994. Capital One is headquartered in McLean, Virginia, and serves customers primarily in the United States, with credit card operations also in the United Kingdom.