OneDigital Investment Advisors LLC Purchases 2,259 Shares of Capital One Financial Corporation $COF

OneDigital Investment Advisors LLC boosted its position in Capital One Financial Corporation (NYSE:COF) by 51.1% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 6,684 shares of the financial services provider’s stock after acquiring an additional 2,259 shares during the period. OneDigital Investment Advisors LLC’s holdings in Capital One Financial were worth $1,341,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in COF. HighTower Advisors LLC lifted its holdings in Capital One Financial by 18.1% during the 4th quarter. HighTower Advisors LLC now owns 353,767 shares of the financial services provider’s stock worth $85,739,000 after purchasing an additional 54,263 shares in the last quarter. Swiss Life Asset Management Ltd grew its holdings in Capital One Financial by 11.2% during the 4th quarter. Swiss Life Asset Management Ltd now owns 115,843 shares of the financial services provider’s stock valued at $28,076,000 after buying an additional 11,651 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Capital One Financial by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider’s stock valued at $13,789,615,000 after buying an additional 360,071 shares during the period. Nomura Asset Management Co. Ltd. lifted its holdings in shares of Capital One Financial by 2.9% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 223,977 shares of the financial services provider’s stock worth $54,283,000 after buying an additional 6,225 shares in the last quarter. Finally, Truist Financial Corp lifted its holdings in shares of Capital One Financial by 2.5% in the fourth quarter. Truist Financial Corp now owns 640,050 shares of the financial services provider’s stock worth $155,122,000 after buying an additional 15,644 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

COF opened at $221.77 on Tuesday. The stock has a 50-day moving average price of $205.76 and a 200-day moving average price of $198.08. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $136.05 billion, a P/E ratio of 13.72, a PEG ratio of 0.84 and a beta of 1.02.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. The company had revenue of $15.83 billion for 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 last year, the firm posted $5.48 EPS. Equities analysts predict that Capital One Financial Corporation will post 20.19 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, August 17th. Capital One Financial’s dividend payout ratio (DPR) is presently 19.80%.

Insider Buying and Selling at Capital One Financial

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of the stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total transaction of $728,000.00. Following the transaction, the general counsel owned 90,194 shares of the company’s stock, valued at approximately $18,760,352. This trade represents a 3.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $2,040,320.28. Following the transaction, the insider directly owned 26,328 shares in the company, valued at approximately $5,523,087.84. This represents a 26.98% decrease in their position. 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 three months, insiders sold 22,186 shares of company stock valued at $4,697,301. 0.78% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

COF has been the subject of several recent analyst reports. UBS Group boosted their price objective on shares of Capital One Financial from $275.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Rothschild & Co Redburn lowered their target price on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Citigroup reduced their price target on shares of Capital One Financial from $310.00 to $295.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. Barclays lowered their price objective on Capital One Financial from $242.00 to $240.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Finally, Bank of America reduced their target price on Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Twenty-one research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and a consensus price target of $259.36.

Capital One Financial 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.