1,055 Shares in Capital One Financial Corporation $COF Purchased by Intrua Financial LLC

Intrua Financial LLC bought a new position in Capital One Financial Corporation (NYSE:COF) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 1,055 shares of the financial services provider’s stock, valued at approximately $224,000.

Other institutional investors have also recently made changes to their positions in the company. WPG Advisers LLC purchased a new position in shares of Capital One Financial during the first quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC grew its position in 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 worth $26,000 after purchasing an additional 62 shares during the period. Olistico Wealth LLC grew its position in Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 101 shares during the period. Saudi Central Bank purchased a new stake in Capital One Financial during the 1st quarter valued at $27,000. Finally, RMG Wealth Management LLC bought a new position in shares of Capital One Financial during the 2nd quarter valued at $27,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

NYSE COF opened at $210.74 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $232.45. The stock has a market cap of $133.97 billion, a price-to-earnings ratio of 88.92, a PEG ratio of 0.70 and a beta of 1.19. The company’s 50 day moving average is $218.70 and its two-hundred day moving average is $210.96.

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

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 17th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, November 17th. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio (DPR) is currently 135.02%.

Insiders Place Their Bets

In other news, CEO Richard D. Fairbank sold 103,487 shares of the business’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $220.68, for a total value of $22,837,511.16. Following the transaction, the chief executive officer directly owned 4,001,228 shares in the company, valued at $882,990,995.04. The trade was a 2.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $219.41, for a total value of $438,820.00. Following the completion of the transaction, the general counsel directly owned 96,486 shares of the company’s stock, valued at approximately $21,169,993.26. This trade represents a 2.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 256,380 shares of company stock valued at $57,129,478 in the last ninety days. Insiders own 1.26% of the company’s stock.

Wall Street Analysts Forecast Growth

COF has been the subject of several research analyst reports. Truist Financial lifted their price objective on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Royal Bank Of Canada upped their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 23rd. Citigroup raised their price objective on shares of Capital One Financial from $275.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, Zacks Research raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Friday, October 24th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $261.63.

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.