Opal Wealth Advisors LLC Has $294,000 Stock Holdings in Capital One Financial Co. (NYSE:COF)

Opal Wealth Advisors LLC lifted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 11.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,964 shares of the financial services provider’s stock after acquiring an additional 207 shares during the period. Opal Wealth Advisors LLC’s holdings in Capital One Financial were worth $294,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Regatta Capital Group LLC raised its stake in shares of Capital One Financial by 3.4% in the third quarter. Regatta Capital Group LLC now owns 8,336 shares of the financial services provider’s stock worth $1,248,000 after purchasing an additional 274 shares during the last quarter. Swedbank AB grew its holdings in Capital One Financial by 13.4% during the third quarter. Swedbank AB now owns 68,244 shares of the financial services provider’s stock worth $10,218,000 after buying an additional 8,074 shares in the last quarter. Creative Planning raised its position in Capital One Financial by 7.2% in the 3rd quarter. Creative Planning now owns 52,492 shares of the financial services provider’s stock valued at $7,860,000 after buying an additional 3,507 shares during the last quarter. CX Institutional bought a new position in Capital One Financial during the 3rd quarter valued at $4,091,000. Finally, Grove Bank & Trust grew its stake in shares of Capital One Financial by 9.3% in the 3rd quarter. Grove Bank & Trust now owns 909 shares of the financial services provider’s stock worth $136,000 after acquiring an additional 77 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Bank of America boosted their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. JPMorgan Chase & Co. upped their target price on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a report on Monday, October 7th. Barclays increased their price target on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 8th. Evercore ISI cut their price objective on Capital One Financial from $166.00 to $163.00 and set an “in-line” rating on the stock in a research report on Monday, October 7th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $150.00 target price on shares of Capital One Financial in a research report on Thursday, July 25th. Twelve investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $151.56.

Insider Buying and Selling at Capital One Financial

In related news, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the sale, the chief executive officer now owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.30% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF stock opened at $156.73 on Wednesday. Capital One Financial Co. has a 12 month low of $88.23 and a 12 month high of $159.78. The stock has a market capitalization of $59.59 billion, a P/E ratio of 12.27, a PEG ratio of 1.22 and a beta of 1.44. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. The firm’s 50 day moving average is $144.25 and its 200 day moving average is $142.10.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). The company had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The company’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.52 EPS. On average, sell-side analysts anticipate that Capital One Financial Co. will post 12.87 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were paid a $0.60 dividend. The ex-dividend date was Monday, August 12th. This represents a $2.40 annualized dividend and a yield of 1.53%. Capital One Financial’s dividend payout ratio is currently 18.79%.

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.