Pacific Capital Wealth Advisors Inc. Buys Shares of 861 Capital One Financial Co. (NYSE:COF)

Pacific Capital Wealth Advisors Inc. acquired a new stake in Capital One Financial Co. (NYSE:COF) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 861 shares of the financial services provider’s stock, valued at approximately $113,000.

A number of other large investors also recently modified their holdings of the company. Pzena Investment Management LLC grew its holdings in shares of Capital One Financial by 8.3% during the third quarter. Pzena Investment Management LLC now owns 7,626,988 shares of the financial services provider’s stock worth $740,199,000 after purchasing an additional 585,797 shares in the last quarter. National Bank of Canada FI raised its position in shares of Capital One Financial by 443.1% during the 4th quarter. National Bank of Canada FI now owns 553,744 shares of the financial services provider’s stock valued at $73,150,000 after buying an additional 451,789 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Capital One Financial during the 4th quarter worth $46,268,000. Wellington Management Group LLP lifted its holdings in shares of Capital One Financial by 37.7% during the 3rd quarter. Wellington Management Group LLP now owns 1,184,671 shares of the financial services provider’s stock worth $114,972,000 after acquiring an additional 324,095 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its position in Capital One Financial by 1,058.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 202,881 shares of the financial services provider’s stock worth $26,602,000 after acquiring an additional 185,370 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Up 0.2 %

Shares of NYSE:COF traded up $0.31 on Wednesday, hitting $142.87. 1,269,019 shares of the company traded hands, compared to its average volume of 2,648,839. The stock has a 50 day simple moving average of $141.46 and a 200-day simple moving average of $128.71. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86. The company has a market cap of $54.32 billion, a PE ratio of 11.19, a PEG ratio of 1.03 and a beta of 1.46. Capital One Financial Co. has a 52 week low of $85.22 and a 52 week high of $149.94.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The firm had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.31 earnings per share. As a group, research analysts expect that Capital One Financial Co. will post 13.7 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Monday, May 13th will be given a $0.60 dividend. The ex-dividend date is Friday, May 10th. This represents a $2.40 annualized dividend and a yield of 1.68%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Insider Buying and Selling at Capital One Financial

In other news, insider Timothy P. Golden sold 8,656 shares of the business’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the transaction, the insider now owns 10,246 shares in the company, valued at $1,475,833.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on COF shares. Deutsche Bank Aktiengesellschaft initiated coverage on Capital One Financial in a research note on Wednesday, January 10th. They set a “hold” rating and a $153.00 price target for the company. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $159.00 price objective on shares of Capital One Financial in a report on Wednesday, March 27th. JPMorgan Chase & Co. raised their price target on Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 3rd. Royal Bank of Canada boosted their price objective on Capital One Financial from $142.00 to $150.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 21st. Finally, Evercore ISI increased their price objective on Capital One Financial from $142.00 to $155.00 and gave the company an “in-line” rating in a research note on Thursday, March 28th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $138.50.

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.