LifePlan Financial LLC Acquires New Shares in Capital One Financial Co. (NYSE:COF)

LifePlan Financial LLC bought a new stake in Capital One Financial Co. (NYSE:COF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,236 shares of the financial services provider’s stock, valued at approximately $220,000.

Several other large investors also recently modified their holdings of COF. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial during the fourth quarter worth $32,000. Catalyst Capital Advisors LLC bought a new position in Capital One Financial during the 3rd quarter worth about $36,000. Creative Financial Designs Inc. ADV raised its stake in shares of Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares during the period. Eastern Bank bought a new stake in shares of Capital One Financial in the third quarter valued at about $44,000. Finally, Prospera Private Wealth LLC acquired a new position in shares of Capital One Financial during the third quarter worth about $47,000. 89.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Truist Financial initiated coverage on Capital One Financial in a research report on Tuesday, January 7th. They issued a “buy” rating and a $229.00 target price on the stock. Evercore ISI boosted their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Wells Fargo & Company boosted their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Finally, HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a report on Tuesday, January 14th. Ten equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $188.06.

Capital One Financial Stock Performance

NYSE COF opened at $191.16 on Tuesday. Capital One Financial Co. has a 52-week low of $123.23 and a 52-week high of $198.30. The stock has a market cap of $72.88 billion, a PE ratio of 18.05, a P/E/G ratio of 1.23 and a beta of 1.46. The firm has a 50-day moving average of $183.84 and a 200-day moving average of $160.98. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. The company had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.45 earnings per share. On average, sell-side analysts anticipate that Capital One Financial Co. will post 13.53 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio is currently 22.66%.

Insider Activity

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the sale, the insider now owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value 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 ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,256 shares of company stock valued at $2,462,487. 1.30% of the stock is 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.