Golden State Wealth Management LLC Invests $105,000 in Capital One Financial Co. (NYSE:COF)

Golden State Wealth Management LLC purchased a new stake in Capital One Financial Co. (NYSE:COF) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 590 shares of the financial services provider’s stock, valued at approximately $105,000.

Several other institutional investors also recently bought and sold shares of the company. Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial in the fourth quarter valued at approximately $32,000. Catalyst Capital Advisors LLC acquired a new position in Capital One Financial in the 3rd quarter valued at $36,000. Creative Financial Designs Inc. ADV lifted its holdings in 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 in the last quarter. Eastern Bank acquired a new stake in Capital One Financial during the 3rd quarter worth $44,000. Finally, Prospera Private Wealth LLC purchased a new stake in shares of Capital One Financial during the third quarter worth $47,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on COF. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their price target for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. The Goldman Sachs Group boosted their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Robert W. Baird increased their price target on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Finally, Wells Fargo & Company raised their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Nine analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to 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 COF stock opened at $203.13 on Monday. Capital One Financial Co. has a one year low of $128.23 and a one year high of $208.63. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The firm’s 50 day moving average price is $188.30 and its 200-day moving average price is $166.72. The firm has a market cap of $77.44 billion, a P/E ratio of 17.53, a P/E/G ratio of 1.26 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its quarterly 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 analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the business posted $2.81 earnings per share. As a group, equities research analysts predict that Capital One Financial Co. will post 15.41 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.18%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Insider Transactions at Capital One Financial

In related news, insider Michael Zamsky sold 10,541 shares of the company’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 sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

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.