Charles Schwab Investment Management Inc. Buys 28,541 Shares of Capital One Financial Co. (NYSE:COF)

Charles Schwab Investment Management Inc. boosted its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 1.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,687,999 shares of the financial services provider's stock after purchasing an additional 28,541 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.70% of Capital One Financial worth $402,474,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. LRI Investments LLC bought a new stake in shares of Capital One Financial in the 1st quarter valued at $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial in the second quarter worth about $28,000. Hobbs Group Advisors LLC acquired a new stake in shares of Capital One Financial during the second quarter worth about $29,000. Unique Wealth Strategies LLC bought a new position in shares of Capital One Financial during the 2nd quarter valued at about $36,000. Finally, Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial in the 3rd quarter valued at approximately $36,000. Institutional investors own 89.84% of the company's stock.

Insider Activity

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the company's stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the transaction, the insider now owns 19,776 shares of the company's stock, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kara West sold 721 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the sale, the insider now directly 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,007 shares of company stock valued at $4,982,647 over the last ninety days. 1.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on COF shares. Barclays raised their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Royal Bank of Canada boosted their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a research report on Friday, October 25th. JPMorgan Chase & Co. increased their target price on Capital One Financial from $156.00 to $157.00 and gave the stock a "neutral" rating in a report on Monday, October 7th. Evercore ISI boosted their price target on Capital One Financial from $163.00 to $184.00 and gave the company an "in-line" rating in a report on Wednesday, October 30th. Finally, 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. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Capital One Financial has an average rating of "Hold" and an average price target of $160.18.

Capital One Financial Stock Performance

COF stock traded up $3.75 during trading hours on Friday, reaching $186.39. The stock had a trading volume of 876,022 shares, compared to its average volume of 2,569,313. The stock has a 50-day simple moving average of $161.19 and a 200 day simple moving average of $147.44. Capital One Financial Co. has a fifty-two week low of $105.43 and a fifty-two week high of $198.30. The stock has a market capitalization of $71.11 billion, a PE ratio of 17.58, a price-to-earnings-growth ratio of 1.32 and a beta of 1.43. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping analysts' consensus estimates of $3.70 by $0.81. The business had revenue of $10 billion during the quarter, compared to analysts' expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. Capital One Financial's quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the company posted $4.45 earnings per share. Analysts predict that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.29%. Capital One Financial's dividend payout ratio is currently 22.66%.

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.