U.S. Capital Wealth Advisors LLC Trims Stake in Capital One Financial Corporation $COF

U.S. Capital Wealth Advisors LLC lessened its holdings in Capital One Financial Corporation (NYSE:COF) by 34.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 63,408 shares of the financial services provider’s stock after selling 33,300 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Capital One Financial were worth $13,479,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in COF. Moisand Fitzgerald Tamayo LLC raised its holdings in shares of Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC raised its stake in Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 101 shares in the last quarter. Atlantic Edge Private Wealth Management LLC lifted its position in Capital One Financial by 66.7% during the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in shares of Capital One Financial during the 2nd quarter valued at $27,000. Finally, Solstein Capital LLC purchased a new stake in shares of Capital One Financial during the 2nd quarter valued at $28,000. Institutional investors own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In related news, insider Celia Karam sold 2,936 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $218.15, for a total transaction of $640,488.40. Following the transaction, the insider owned 63,433 shares in the company, valued at $13,837,908.95. The trade was a 4.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Frank G. LapradeIii sold 17,840 shares of the stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $222.03, for a total value of $3,961,015.20. Following the completion of the sale, the insider owned 48,315 shares of the company’s stock, valued at approximately $10,727,379.45. This trade represents a 26.97% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 280,218 shares of company stock valued at $62,395,804. Company insiders own 1.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. UBS Group reduced their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research note on Tuesday, October 7th. Citigroup upped their price objective on Capital One Financial from $275.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Capital One Financial in a report on Monday. Wolfe Research assumed coverage on Capital One Financial in a research report on Monday, December 8th. They issued an “outperform” rating and a $270.00 target price for the company. Finally, Cowen reissued a “buy” rating on shares of Capital One Financial in a research note on Wednesday, November 26th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus target price of $264.25.

Capital One Financial Trading Up 0.6%

Shares of COF stock opened at $244.20 on Friday. The business has a 50-day moving average of $220.91 and a 200 day moving average of $216.69. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $244.82. The stock has a market capitalization of $155.25 billion, a PE ratio of 103.04, a P/E/G ratio of 0.56 and a beta of 1.16.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The firm had revenue of $15.46 billion during the quarter. As a group, sell-side analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were issued a $0.80 dividend. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.3%. Capital One Financial’s payout ratio is 135.02%.

Capital One Financial Company 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.