CWA Asset Management Group LLC bought a new stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 11,016 shares of the financial services provider's stock, valued at approximately $1,649,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Envestnet Portfolio Solutions Inc. increased its position in Capital One Financial by 20.4% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 15,817 shares of the financial services provider's stock worth $2,355,000 after buying an additional 2,675 shares during the period. SG Americas Securities LLC lifted its position in Capital One Financial by 236.2% in the 1st quarter. SG Americas Securities LLC now owns 55,323 shares of the financial services provider's stock valued at $8,237,000 after purchasing an additional 38,870 shares during the last quarter. Forsta AP Fonden boosted its stake in Capital One Financial by 11.6% during the 1st quarter. Forsta AP Fonden now owns 71,000 shares of the financial services provider's stock valued at $10,571,000 after purchasing an additional 7,400 shares during the period. NorthRock Partners LLC grew its position in Capital One Financial by 58.7% in the 1st quarter. NorthRock Partners LLC now owns 2,614 shares of the financial services provider's stock worth $389,000 after purchasing an additional 967 shares during the last quarter. Finally, Meeder Advisory Services Inc. increased its stake in shares of Capital One Financial by 2.8% in the first quarter. Meeder Advisory Services Inc. now owns 8,967 shares of the financial services provider's stock valued at $1,335,000 after purchasing an additional 240 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts recently issued reports on COF shares. Robert W. Baird increased their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a report on Friday, October 25th. Barclays increased their price target on Capital One Financial from $154.00 to $158.00 and gave the stock an "equal weight" rating in a research note on Tuesday, October 8th. Evercore ISI lifted their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the company an "in-line" rating in a research note on Wednesday, October 30th. Citigroup initiated coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a "buy" rating and a $190.00 target price for the company. Finally, JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the company a "neutral" rating in a research note on Monday, October 7th. Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $156.35.
Check Out Our Latest Stock Report on Capital One Financial
Insider Activity at Capital One Financial
In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the transaction, the insider now owns 19,776 shares of the company's stock, valued at $3,211,029.12. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the sale, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the company's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the transaction, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.
Capital One Financial Trading Up 0.2 %
COF traded up $0.39 during trading on Friday, reaching $185.21. The company had a trading volume of 4,247,350 shares, compared to its average volume of 3,288,352. 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 Co. has a 12-month low of $102.63 and a 12-month high of $198.30. The company has a market cap of $70.66 billion, a price-to-earnings ratio of 17.49, a PEG ratio of 1.42 and a beta of 1.43. The firm's 50-day simple moving average is $153.47 and its 200 day simple moving average is $144.96.
Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the previous year, the business earned $4.45 earnings per share. The firm's revenue was up 6.8% compared to the same quarter last year. Equities research analysts anticipate that Capital One Financial Co. will post 13.46 earnings per share for the current year.
Capital One Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.60 per share. The ex-dividend date is Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.30%. Capital One Financial's dividend payout ratio is 22.66%.
Capital One Financial Profile
(
Free Report)
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.
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