B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 30,396 shares of the financial services provider's stock, valued at approximately $4,551,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. LRI Investments LLC bought a new stake in shares of Capital One Financial during the first quarter valued at approximately $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial in the 2nd quarter worth $28,000. Hobbs Group Advisors LLC purchased a new position in shares of Capital One Financial in the second quarter worth $29,000. Unique Wealth Strategies LLC bought a new position in shares of Capital One Financial during the second quarter valued at $36,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial during the third quarter valued at $36,000. 89.84% of the stock is currently owned by institutional investors.
Insider Activity
In other news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the sale, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Kara West sold 721 shares of the business's stock in a transaction 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 transaction, the insider now owns 12,929 shares of the company's stock, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the company. Royal Bank of Canada boosted their target price on Capital One Financial from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research report on Friday, October 25th. Robert W. Baird boosted their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a report on Friday, October 25th. The Goldman Sachs Group lifted their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a research report on Tuesday. Citigroup initiated coverage on shares of Capital One Financial in a research note on Friday, September 20th. They set a "buy" rating and a $190.00 target price for the company. Finally, Evercore ISI raised their price target on Capital One Financial from $163.00 to $184.00 and gave the stock an "in-line" rating in a research note on Wednesday, October 30th. Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, Capital One Financial currently has an average rating of "Hold" and a consensus target price of $160.18.
View Our Latest Stock Analysis on Capital One Financial
Capital One Financial Price Performance
Capital One Financial stock traded down $0.31 during mid-day trading on Wednesday, reaching $180.69. 2,117,234 shares of the company's stock traded hands, compared to its average volume of 2,572,222. Capital One Financial Co. has a 12-month low of $105.39 and a 12-month high of $198.30. The company has a market cap of $68.94 billion, a price-to-earnings ratio of 17.06, a PEG ratio of 1.37 and a beta of 1.43. The stock has a 50 day moving average of $160.29 and a two-hundred day moving average of $147.19. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78.
Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 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 firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same quarter last year, the firm earned $4.45 EPS. The firm's revenue for the quarter was up 6.8% compared to the same quarter last year. Equities analysts forecast that Capital One Financial Co. will post 13.54 earnings per share for the current year.
Capital One Financial Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial's dividend payout ratio is currently 22.66%.
Capital One Financial Company Profile
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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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