Proficio Capital Partners LLC Acquires 3,579 Shares of Capital One Financial Corporation $COF

Proficio Capital Partners LLC boosted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 224.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 5,171 shares of the financial services provider’s stock after buying an additional 3,579 shares during the period. Proficio Capital Partners LLC’s holdings in Capital One Financial were worth $1,037,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of COF. First Command Advisory Services Inc. increased its holdings in shares of Capital One Financial by 4.5% during the 4th quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock valued at $259,000 after acquiring an additional 46 shares during the last quarter. Dogwood Wealth Management LLC raised its stake in shares of Capital One Financial by 26.0% in the 4th quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock valued at $55,000 after acquiring an additional 47 shares in the last quarter. High Note Wealth LLC lifted its holdings in Capital One Financial by 44.9% in the 4th quarter. High Note Wealth LLC now owns 155 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 48 shares during the last quarter. Fiducient Advisors LLC lifted its holdings in Capital One Financial by 4.2% in the 4th quarter. Fiducient Advisors LLC now owns 1,196 shares of the financial services provider’s stock worth $290,000 after purchasing an additional 48 shares during the last quarter. Finally, Nicholas Hoffman & Company LLC. boosted its position in Capital One Financial by 5.0% during the fourth quarter. Nicholas Hoffman & Company LLC. now owns 1,057 shares of the financial services provider’s stock worth $256,000 after purchasing an additional 50 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Ravi Raghu sold 9,726 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of $209.78, for a total value of $2,040,320.28. Following the completion of the sale, the insider directly owned 26,328 shares of the company’s stock, valued at $5,523,087.84. This represents a 26.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 2,193 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $225.52, for a total transaction of $494,565.36. Following the completion of the sale, the insider owned 63,261 shares in the company, valued at $14,266,620.72. This represents a 3.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 26,267 shares of company stock worth $5,617,648. 0.78% of the stock is currently owned by insiders.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $210.90 on Wednesday. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64. The company has a market cap of $129.38 billion, a P/E ratio of 13.05, a P/E/G ratio of 0.79 and a beta of 1.02. The business’s 50 day moving average is $210.86 and its two-hundred day moving average is $197.76. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating the consensus estimate of $4.79 by $1.02. The company had revenue of $15.83 billion during the quarter, compared to analysts’ expectations of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.Capital One Financial’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same period in the prior year, the business earned $5.48 earnings per share. On average, equities analysts expect that Capital One Financial Corporation will post 20.29 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, August 17th. Capital One Financial’s dividend payout ratio is presently 19.80%.

Analyst Ratings Changes

Several equities analysts have commented on the company. Wall Street Zen downgraded Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Citigroup decreased their price objective on shares of Capital One Financial from $310.00 to $295.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft set a $245.00 target price on shares of Capital One Financial in a research note on Thursday, August 20th. HSBC upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their target price for the stock from $226.00 to $229.00 in a report on Sunday, July 12th. Finally, Barclays cut their target price on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Twenty-one investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $258.91.

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.