Composition Wealth LLC Boosts Holdings in Capital One Financial Corporation $COF

Composition Wealth LLC lifted its stake in Capital One Financial Corporation (NYSE:COF) by 83.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,088 shares of the financial services provider’s stock after purchasing an additional 4,139 shares during the quarter. Composition Wealth LLC’s holdings in Capital One Financial were worth $2,203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of COF. Strive Asset Management LLC purchased a new position in shares of Capital One Financial in the 3rd quarter worth about $28,000. Olistico Wealth LLC purchased a new position in shares of Capital One Financial in the 4th quarter worth about $30,000. WFA of San Diego LLC bought a new stake in Capital One Financial in the 2nd quarter worth about $32,000. Rakuten Securities Inc. increased its holdings in Capital One Financial by 550.0% in the 4th quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock worth $32,000 after buying an additional 110 shares in the last quarter. Finally, Westfuller Advisors LLC increased its holdings in Capital One Financial by 661.1% in the 4th quarter. Westfuller Advisors LLC now owns 137 shares of the financial services provider’s stock worth $33,000 after buying an additional 119 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on COF shares. TD Cowen reduced their price objective on Capital One Financial from $290.00 to $260.00 and set a “buy” rating for the company in a report on Tuesday, March 31st. Royal Bank Of Canada reduced their price objective on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a report on Friday, April 10th. Argus reduced their price objective on Capital One Financial from $260.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Truist Financial reduced their price objective on Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Finally, Evercore reduced their price objective on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a report on Monday, April 6th. Eighteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average price target of $258.14.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Jason P. Hanson sold 3,729 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total transaction of $764,445.00. Following the completion of the sale, the insider directly owned 40,230 shares in the company, valued at $8,247,150. The trade was a 8.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Celia Karam sold 1,099 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total value of $203,985.39. Following the sale, the insider owned 63,323 shares of the company’s stock, valued at approximately $11,753,382.03. This represents a 1.71% 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. In the last quarter, insiders have sold 47,939 shares of company stock valued at $9,282,146. 0.78% of the stock is owned by company insiders.

Capital One Financial Trading Down 0.0%

Capital One Financial stock opened at $191.87 on Monday. The business has a 50-day simple moving average of $190.44 and a two-hundred day simple moving average of $213.44. The company has a market cap of $119.33 billion, a P/E ratio of 67.32, a P/E/G ratio of 0.70 and a beta of 1.05. Capital One Financial Corporation has a 52-week low of $174.98 and a 52-week high of $259.64. 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 (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). The firm had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The company’s revenue for the quarter was up 52.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.06 earnings per share. Analysts predict that Capital One Financial Corporation will post 19.17 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th were paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Thursday, February 19th. Capital One Financial’s payout ratio is currently 112.28%.

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.