Capital One Financial Corporation $COF Shares Bought by Ibex Wealth Advisors

Ibex Wealth Advisors increased its position in Capital One Financial Corporation (NYSE:COF) by 8.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 60,502 shares of the financial services provider’s stock after acquiring an additional 4,797 shares during the period. Capital One Financial comprises about 1.4% of Ibex Wealth Advisors’ holdings, making the stock its 14th biggest position. Ibex Wealth Advisors’ holdings in Capital One Financial were worth $14,663,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Evolution Wealth Management Inc. grew its stake in Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 90 shares during the period. VSM Wealth Advisory LLC purchased a new position in shares of Capital One Financial during the 4th quarter worth $27,000. Cherry Tree Wealth Management LLC lifted its stake in shares of Capital One Financial by 1,312.5% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 105 shares during the period. Strive Asset Management LLC acquired a new stake in shares of Capital One Financial during the third quarter worth $28,000. Finally, Olistico Wealth LLC purchased a new stake in shares of Capital One Financial in the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s 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 transaction, the general counsel owned 97,194 shares of the company’s stock, valued at approximately $17,876,892.42. This trade represents a 3.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of Capital One Financial stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total transaction of $314,052.12. Following the transaction, the insider owned 65,454 shares in the company, valued at $12,148,916.94. The trade was a 2.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 8,040 shares of company stock valued at $1,498,615 over the last 90 days. Corporate insiders own 0.78% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on COF shares. BTIG Research reiterated a “buy” rating and set a $224.00 target price on shares of Capital One Financial in a research report on Wednesday, April 22nd. Morgan Stanley cut their price objective on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Jefferies Financial Group reissued a “buy” rating and issued a $300.00 target price on shares of Capital One Financial in a research report on Monday, March 16th. UBS Group lowered their target price on shares of Capital One Financial from $283.00 to $270.00 in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada cut 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 research note on Friday, April 10th. Seventeen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $258.75.

Capital One Financial Stock Performance

Capital One Financial stock opened at $200.69 on Wednesday. The company has a market cap of $124.89 billion, a price-to-earnings ratio of 70.42, a price-to-earnings-growth ratio of 0.70 and a beta of 1.03. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03. The stock’s 50-day moving average is $189.76 and its 200-day moving average is $207.09.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The business had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. During the same period last year, the company posted $4.06 EPS. The firm’s revenue for the quarter was up 52.3% compared to the same quarter last year. Equities analysts anticipate that Capital One Financial Corporation will post 19.51 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were given a $0.80 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. Capital One Financial’s dividend payout ratio is presently 112.28%.

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.