Capital One Financial Co. (NYSE:COF) Shares Purchased by Global Trust Asset Management LLC

Global Trust Asset Management LLC grew its holdings in shares of Capital One Financial Co. (NYSE:COF) by 11.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,436 shares of the financial services provider’s stock after buying an additional 343 shares during the period. Global Trust Asset Management LLC’s holdings in Capital One Financial were worth $613,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Nisa Investment Advisors LLC increased its position in Capital One Financial by 0.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 154,453 shares of the financial services provider’s stock valued at $27,542,000 after acquiring an additional 822 shares during the period. Genesis Private Wealth LLC acquired a new position in shares of Capital One Financial during the fourth quarter valued at $200,000. Simon Quick Advisors LLC increased its holdings in shares of Capital One Financial by 14.3% during the fourth quarter. Simon Quick Advisors LLC now owns 2,205 shares of the financial services provider’s stock valued at $393,000 after purchasing an additional 276 shares during the period. Fort Washington Investment Advisors Inc. OH bought a new stake in shares of Capital One Financial during the fourth quarter valued at about $221,000. Finally, Atomi Financial Group Inc. lifted its holdings in Capital One Financial by 14.7% in the fourth quarter. Atomi Financial Group Inc. now owns 6,621 shares of the financial services provider’s stock worth $1,181,000 after purchasing an additional 848 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. The Goldman Sachs Group boosted their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a report on Tuesday, January 14th. Wells Fargo & Company increased their price target on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Truist Financial assumed coverage on Capital One Financial in a research note on Tuesday, January 7th. They issued a “buy” rating and a $229.00 price objective on the stock. Finally, Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and cut their price objective for the company from $203.00 to $200.00 in a report on Monday, December 9th. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $188.12.

Insider Buying and Selling at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Kara West sold 721 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the sale, the insider now owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,256 shares of company stock valued at $2,462,487 in the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

Capital One Financial Stock Up 1.3 %

Shares of NYSE:COF opened at $193.42 on Wednesday. The firm has a 50 day simple moving average of $183.98 and a 200 day simple moving average of $161.38. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $198.30. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $73.74 billion, a PE ratio of 18.26, a price-to-earnings-growth ratio of 1.23 and a beta of 1.46.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10,220,675.12 billion. During the same quarter in the prior year, the company earned $2.81 earnings per share. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. As a group, research analysts expect that Capital One Financial Co. will post 13.53 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.24%. Capital One Financial’s payout ratio is presently 22.66%.

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.