Sequoia Financial Advisors LLC Has $5.89 Million Holdings in Capital One Financial Corporation $COF

Sequoia Financial Advisors LLC boosted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 32.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,301 shares of the financial services provider’s stock after purchasing an additional 6,004 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Capital One Financial were worth $5,890,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Cortland Associates Inc. MO bought a new stake in Capital One Financial in the 3rd quarter valued at $14,391,000. Meridian Wealth Management LLC increased its holdings in Capital One Financial by 334.8% in the 3rd quarter. Meridian Wealth Management LLC now owns 9,404 shares of the financial services provider’s stock valued at $1,999,000 after buying an additional 7,241 shares during the period. National Pension Service boosted its stake in shares of Capital One Financial by 4.0% in the 3rd quarter. National Pension Service now owns 1,552,736 shares of the financial services provider’s stock valued at $330,081,000 after purchasing an additional 59,100 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of Capital One Financial by 58.5% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 36,685 shares of the financial services provider’s stock valued at $7,798,000 after purchasing an additional 13,539 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in shares of Capital One Financial by 17.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 129,013 shares of the financial services provider’s stock valued at $28,861,000 after purchasing an additional 19,059 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Capital One Financial

Here are the key news stories impacting Capital One Financial this week:

• Positive Sentiment: Capital One announced a quarterly dividend of $0.80 per share, underscoring continued capital returns to shareholders and signaling confidence in the company’s financial position. Capital One Announces Quarterly Dividend
• Neutral Sentiment: A recent article highlighted that COF’s valuation looks stretched relative to its growth expectations, with the stock trading at a rich P/E multiple even after a recent pullback. A Look At Capital One (COF) Valuation As Growth Expectations Clash With Rich P/E Multiple
• Neutral Sentiment: Another commentary said Capital One’s acquisition of Discover Financial and related fintech ambitions could reshape the business, but investors are still waiting to see whether the strategy translates into stronger performance. Capital One Redefines Its Role In Payments And Fintech Transformation
• Negative Sentiment: Analyst notes and market commentary also point to rising credit-risk concerns and reduced price targets after the company’s latest quarterly results, which may be weighing on sentiment toward the shares. Deutsche Bank and BofA Lower Capital One (COF) Price Targets after Q1 Results

Capital One Financial Stock Performance

Capital One Financial stock opened at $189.34 on Friday. The stock has a 50-day simple moving average of $190.04 and a 200 day simple moving average of $213.06. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46. Capital One Financial Corporation has a 12-month low of $174.98 and a 12-month high of $259.64. The stock has a market capitalization of $117.75 billion, a price-to-earnings ratio of 66.43, a P/E/G ratio of 0.70 and a beta of 1.05.

Capital One Financial (NYSE:COF) last released its quarterly 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 net margin of 4.29% and a return on equity of 10.59%. The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. During the same period in the prior year, the firm earned $4.06 earnings per share. The business’s quarterly revenue was up 52.3% compared to the same quarter last year. On average, research analysts anticipate that Capital One Financial Corporation will post 19.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. BTIG Research restated a “buy” rating and issued a $224.00 target price on shares of Capital One Financial in a research note on Wednesday, April 22nd. Morgan Stanley reduced their target price on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. The Goldman Sachs Group reduced their target price on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. Evercore cut their target price on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a research note on Monday, April 6th. Finally, Truist Financial cut their target price on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Eighteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and an average price target of $257.52.

Insiders Place Their Bets

In related news, insider Lia Dean sold 1,692 shares of Capital One Financial stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total value of $314,052.12. Following the completion of the transaction, the insider directly owned 65,454 shares of the company’s stock, valued at $12,148,916.94. The trade was a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the transaction, the insider directly owned 61,579 shares of the company’s stock, valued at $11,858,883.82. This represents a 2.76% decrease in their ownership of the stock. 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 46,404 shares of company stock valued at $8,884,404. 0.78% of the stock is 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.