Atomi Financial Group Inc. Has $1.18 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Atomi Financial Group Inc. raised its position in shares of Capital One Financial Co. (NYSE:COF) by 14.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,621 shares of the financial services provider’s stock after purchasing an additional 848 shares during the period. Atomi Financial Group Inc.’s holdings in Capital One Financial were worth $1,181,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. raised its holdings in shares of Capital One Financial by 5.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after buying an additional 7,331 shares in the last quarter. Principal Financial Group Inc. raised its stake in Capital One Financial by 4.3% during the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after acquiring an additional 17,825 shares in the last quarter. CWA Asset Management Group LLC bought a new position in shares of Capital One Financial in the third quarter worth about $1,649,000. Dai ichi Life Insurance Company Ltd boosted its stake in shares of Capital One Financial by 36.8% in the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock valued at $1,671,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Fisher Asset Management LLC grew its holdings in shares of Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after purchasing an additional 72,097 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Capital One Financial 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 value of $323,765.78. Following the transaction, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kara West sold 721 shares of the firm’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 value of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares of the company’s stock, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their position. 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 over the last ninety days. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $193.42 on Wednesday. The business has a 50-day moving average price of $183.84 and a two-hundred day moving average price of $160.98. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $198.30. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The company has a market cap of $73.74 billion, a P/E ratio of 18.26, a PEG 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 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10,220,675.12 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the firm posted $2.81 earnings per share. As a group, analysts anticipate that Capital One Financial Co. will post 13.53 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors 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 dividend yield of 1.24%. Capital One Financial’s payout ratio is presently 22.66%.

Analysts Set New Price Targets

A number of analysts have weighed in on COF shares. Evercore ISI raised their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Barclays upgraded Capital One Financial from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $158.00 to $219.00 in a research report on Monday, January 6th. 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 for the company. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a report on Tuesday, January 14th. Finally, The Goldman Sachs Group raised their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Ten investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Hold” and an average price target of $188.06.

About Capital One Financial

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.