Caliber Wealth Management LLC KS Makes New Investment in Capital One Financial Corporation $COF

Caliber Wealth Management LLC KS purchased a new position in shares of Capital One Financial Corporation (NYSE:COF) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 971 shares of the financial services provider’s stock, valued at approximately $207,000.

A number of other institutional investors also recently added to or reduced their stakes in COF. WPG Advisers LLC acquired a new position in Capital One Financial during the 1st quarter worth $25,000. Moisand Fitzgerald Tamayo LLC boosted its position in Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 62 shares during the period. Olistico Wealth LLC boosted its position in Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 101 shares during the period. Saudi Central Bank acquired a new position in Capital One Financial during the 1st quarter worth $27,000. Finally, RMG Wealth Management LLC acquired a new position in Capital One Financial during the 2nd quarter worth $27,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. boosted their price target on Capital One Financial from $235.00 to $237.00 and gave the stock a “neutral” rating in a research report on Wednesday. Wolfe Research boosted their price objective on Capital One Financial from $260.00 to $262.00 and gave the stock an “outperform” rating in a research note on Wednesday. The Goldman Sachs Group boosted their price objective on Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research note on Wednesday. Royal Bank Of Canada boosted their price objective on Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 23rd. Finally, Truist Financial boosted their price objective on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.16.

Insider Transactions at Capital One Financial

In other news, insider Michael Zamsky sold 5,515 shares of the business’s stock in a transaction on Monday, August 4th. The stock was sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the sale, the insider directly owned 27,364 shares of the company’s stock, valued at $5,735,220.76. The trade was a 16.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Timothy P. Golden sold 207 shares of the business’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total value of $44,589.87. Following the sale, the chief accounting officer directly owned 8,780 shares in the company, valued at $1,891,299.80. This trade represents a 2.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,184 shares of company stock valued at $2,799,248 over the last three months. Company insiders own 1.26% of the company’s stock.

Capital One Financial Stock Up 1.4%

Shares of Capital One Financial stock opened at $220.17 on Thursday. The stock’s fifty day moving average is $219.21 and its 200-day moving average is $204.30. The firm has a market capitalization of $140.80 billion, a PE ratio of 92.90, a price-to-earnings-growth ratio of 0.78 and a beta of 1.18. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.25 by $1.70. The company had revenue of $15.36 billion for the quarter, compared to analyst estimates of $15.06 billion. Capital One Financial had a return on equity of 12.18% and a net margin of 2.24%.Capital One Financial’s revenue for the quarter was up 53.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.51 earnings per share. Equities analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.1%. Capital One Financial’s payout ratio is 123.08%.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.