Jump Financial LLC Takes Position in Capital One Financial Co. (NYSE:COF)

Jump Financial LLC acquired a new stake in shares of Capital One Financial Co. (NYSE:COFFree Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 8,530 shares of the financial services provider’s stock, valued at approximately $828,000.

A number of other hedge funds also recently bought and sold shares of COF. Kestra Private Wealth Services LLC lifted its position in shares of Capital One Financial by 5.5% in the second quarter. Kestra Private Wealth Services LLC now owns 5,752 shares of the financial services provider’s stock worth $629,000 after purchasing an additional 299 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Capital One Financial by 2.0% in the second quarter. Commonwealth Equity Services LLC now owns 153,975 shares of the financial services provider’s stock worth $16,840,000 after purchasing an additional 3,033 shares in the last quarter. Perigon Wealth Management LLC lifted its position in shares of Capital One Financial by 5.2% in the second quarter. Perigon Wealth Management LLC now owns 2,400 shares of the financial services provider’s stock worth $262,000 after purchasing an additional 118 shares in the last quarter. Berkshire Hathaway Inc lifted its position in shares of Capital One Financial by 25.7% in the second quarter. Berkshire Hathaway Inc now owns 12,471,030 shares of the financial services provider’s stock worth $1,363,957,000 after purchasing an additional 2,549,030 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S increased its holdings in Capital One Financial by 19.3% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 14,641 shares of the financial services provider’s stock worth $1,601,000 after buying an additional 2,368 shares during the last quarter. 90.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Capital One Financial in a report on Wednesday, January 10th. They issued a “hold” rating and a $153.00 price objective on the stock. Royal Bank of Canada increased their price objective on Capital One Financial from $140.00 to $142.00 and gave the stock a “sector perform” rating in a report on Friday, January 26th. The Goldman Sachs Group increased their price target on Capital One Financial from $125.00 to $140.00 and gave the company a “buy” rating in a report on Monday, December 18th. Piper Sandler increased their price target on Capital One Financial from $123.00 to $126.00 and gave the company a “neutral” rating in a report on Friday, January 26th. Finally, Morgan Stanley upgraded Capital One Financial from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $87.00 to $120.00 in a report on Wednesday, December 13th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $122.68.

View Our Latest Report on COF

Insider Buying and Selling

In related news, CEO Richard D. Fairbank sold 3,890 shares of the company’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $105.76, for a total transaction of $411,406.40. Following the transaction, the chief executive officer now owns 3,848,412 shares in the company, valued at approximately $407,008,053.12. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, Director Ann F. Hackett sold 8,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $106.47, for a total transaction of $851,760.00. Following the transaction, the director now owns 61,980 shares in the company, valued at approximately $6,599,010.60. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Richard D. Fairbank sold 3,890 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $105.76, for a total value of $411,406.40. Following the sale, the chief executive officer now directly owns 3,848,412 shares of the company’s stock, valued at $407,008,053.12. The disclosure for this sale can be found here. Insiders have sold a total of 87,865 shares of company stock worth $10,885,804 in the last 90 days. Corporate insiders own 1.41% of the company’s stock.

Capital One Financial Stock Down 0.7 %

Shares of NYSE:COF opened at $134.36 on Wednesday. Capital One Financial Co. has a 52 week low of $83.93 and a 52 week high of $140.86. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01. The company’s fifty day moving average is $127.93 and its 200-day moving average is $111.65. The company has a market capitalization of $51.17 billion, a PE ratio of 11.24, a P/E/G ratio of 1.16 and a beta of 1.49.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Investors of record on Monday, February 12th will be given a dividend of $0.60 per share. The ex-dividend date is Friday, February 9th. This represents a $2.40 annualized dividend and a yield of 1.79%. Capital One Financial’s dividend payout ratio (DPR) is 20.08%.

Capital One Financial Company Profile

(Free Report)

Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides 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.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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