Brighton Jones LLC Grows Stake in Capital One Financial Co. (NYSE:COF)

Brighton Jones LLC grew its holdings in shares of Capital One Financial Co. (NYSE:COF) by 6.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,548 shares of the financial services provider’s stock after acquiring an additional 160 shares during the quarter. Brighton Jones LLC’s holdings in Capital One Financial were worth $334,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Householder Group Estate & Retirement Specialist LLC increased its stake in shares of Capital One Financial by 1,658.3% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after buying an additional 199 shares during the period. Bartlett & Co. LLC grew its holdings in shares of Capital One Financial by 726.7% during the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 218 shares during the period. Sound Income Strategies LLC raised its position in shares of Capital One Financial by 109.4% in the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 139 shares in the last quarter. Venturi Wealth Management LLC grew its stake in Capital One Financial by 66.5% in the third quarter. Venturi Wealth Management LLC now owns 393 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 157 shares during the period. Finally, MV Capital Management Inc. grew its stake in shares of Capital One Financial by 43.9% in the 4th quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider’s stock worth $45,000 after buying an additional 105 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on COF shares. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a research note on Wednesday, April 3rd. Royal Bank of Canada upped their target price on shares of Capital One Financial from $142.00 to $150.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 21st. Deutsche Bank Aktiengesellschaft began coverage on shares of Capital One Financial in a report on Wednesday, January 10th. They issued a “hold” rating and a $153.00 target price on the stock. UBS Group lifted their price objective on Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a report on Thursday, February 29th. Finally, Piper Sandler raised their price objective on shares of Capital One Financial from $126.00 to $142.00 and gave the stock a “neutral” rating in a report on Friday, February 23rd. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Hold” and a consensus target price of $138.50.

Capital One Financial Stock Up 0.4 %

Shares of COF stock opened at $142.41 on Friday. The stock has a market cap of $54.14 billion, a P/E ratio of 11.15, a PEG ratio of 1.02 and a beta of 1.46. The company’s fifty day simple moving average is $141.03 and its two-hundred day simple moving average is $127.24. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86. Capital One Financial Co. has a 52 week low of $83.93 and a 52 week high of $149.94.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The firm had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.35 billion. During the same period in the previous year, the company posted $2.31 earnings per share. Capital One Financial’s quarterly revenue was up 5.6% on a year-over-year basis. Analysts predict that Capital One Financial Co. will post 13.7 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 13th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.69%. Capital One Financial’s payout ratio is currently 18.79%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of the business’s stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the sale, the insider now directly owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.30% of the company’s stock.

Capital One Financial Company 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.