Keudell Morrison Wealth Management Makes New $235,000 Investment in Capital One Financial Co. (NYSE:COF)

Keudell Morrison Wealth Management purchased a new stake in Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,317 shares of the financial services provider’s stock, valued at approximately $235,000.

Other hedge funds have also recently modified their holdings of the company. Mediolanum International Funds Ltd purchased a new stake in Capital One Financial in the 4th quarter worth approximately $279,000. Swedbank AB lifted its stake in shares of Capital One Financial by 0.8% in the 4th quarter. Swedbank AB now owns 68,791 shares of the financial services provider’s stock valued at $12,267,000 after purchasing an additional 547 shares during the period. Hantz Financial Services Inc. boosted its holdings in Capital One Financial by 15.9% during the fourth quarter. Hantz Financial Services Inc. now owns 37,827 shares of the financial services provider’s stock worth $6,745,000 after buying an additional 5,192 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in Capital One Financial by 20.1% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 787,643 shares of the financial services provider’s stock valued at $140,452,000 after buying an additional 131,774 shares during the period. Finally, SteelPeak Wealth LLC increased its holdings in Capital One Financial by 18.8% in the fourth quarter. SteelPeak Wealth LLC now owns 6,098 shares of the financial services provider’s stock valued at $1,087,000 after buying an additional 964 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on COF. Royal Bank of Canada increased their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 22nd. The Goldman Sachs Group boosted their price objective on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. Finally, Keefe, Bruyette & Woods raised their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $196.31.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $204.69 on Friday. The business’s fifty day simple moving average is $186.82 and its 200-day simple moving average is $164.25. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a market cap of $78.03 billion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 1.25 and a beta of 1.46. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $208.63.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period last year, the business earned $2.81 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities analysts forecast that Capital One Financial Co. will post 15.4 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were paid a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.17%. Capital One Financial’s payout ratio is presently 20.71%.

Insider Activity at Capital One Financial

In related news, insider Kara West sold 721 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the sale, the insider now directly owns 12,929 shares of the company’s stock, valued at $2,388,374.17. This represents a 5.28 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,256 shares of company stock worth $2,462,487. 1.30% of the stock is currently owned by company insiders.

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.