HHM Wealth Advisors LLC Purchases 1,301 Shares of Capital One Financial Corporation $COF

HHM Wealth Advisors LLC increased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 379.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,644 shares of the financial services provider’s stock after acquiring an additional 1,301 shares during the quarter. HHM Wealth Advisors LLC’s holdings in Capital One Financial were worth $350,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in COF. Moisand Fitzgerald Tamayo LLC raised its position in Capital One Financial by 103.3% in the second 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 grew its holdings in Capital One Financial by 439.1% during the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 101 shares during the period. Atlantic Edge Private Wealth Management LLC lifted its position in shares of Capital One Financial by 66.7% during the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after buying an additional 50 shares during the last quarter. RMG Wealth Management LLC bought a new position in shares of Capital One Financial during the 2nd quarter worth $27,000. Finally, Solstein Capital LLC purchased a new stake in Capital One Financial in the 2nd quarter worth about $28,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

NYSE COF opened at $200.61 on Wednesday. The firm has a market cap of $127.53 billion, a price-to-earnings ratio of 84.64, a PEG ratio of 0.70 and a beta of 1.19. The company has a 50-day simple moving average of $217.89 and a two-hundred day simple moving average of $211.42. The company has a quick ratio of 1.03, a current 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.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The firm had revenue of $15.46 billion during the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. On average, equities analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 17th will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, November 17th. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio is currently 135.02%.

Insider Activity

In other Capital One Financial news, insider Frank G. LapradeIii sold 17,840 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $222.03, for a total value of $3,961,015.20. Following the transaction, the insider owned 48,315 shares in the company, valued at approximately $10,727,379.45. The trade was a 26.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Neal Blinde sold 43,200 shares of the company’s stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the transaction, the insider directly owned 73,020 shares of the company’s stock, valued at approximately $16,198,026.60. This trade represents a 37.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 274,013 shares of company stock worth $61,045,903 in the last quarter. Insiders own 1.26% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. UBS Group lowered their price target on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. Evercore ISI boosted their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. Robert W. Baird increased their target price on Capital One Financial from $245.00 to $270.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Rothschild & Co Redburn began coverage on Capital One Financial in a research report on Friday, August 1st. They issued a “buy” rating and a $290.00 price target for the company. Finally, Wells Fargo & Company increased their price objective on Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $261.63.

Capital One Financial Profile

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.