Seizert Capital Partners LLC decreased its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 13.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 236,212 shares of the financial services provider's stock after selling 36,412 shares during the period. Capital One Financial accounts for about 1.6% of Seizert Capital Partners LLC's portfolio, making the stock its 27th largest holding. Seizert Capital Partners LLC owned 0.06% of Capital One Financial worth $35,368,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of COF. Asset Management One Co. Ltd. grew its holdings in Capital One Financial by 5.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider's stock valued at $21,976,000 after buying an additional 7,331 shares in the last quarter. CWA Asset Management Group LLC acquired a new stake in Capital One Financial in the 3rd quarter worth about $1,649,000. Clear Harbor Asset Management LLC bought a new stake in Capital One Financial in the 2nd quarter valued at about $511,000. QRG Capital Management Inc. grew its position in shares of Capital One Financial by 3.2% during the 2nd quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider's stock worth $16,927,000 after purchasing an additional 3,776 shares in the last quarter. Finally, Cetera Advisors LLC increased its holdings in shares of Capital One Financial by 114.0% during the first quarter. Cetera Advisors LLC now owns 7,948 shares of the financial services provider's stock worth $1,183,000 after purchasing an additional 4,234 shares during the period. Institutional investors and hedge funds own 89.84% of the company's stock.
Analyst Ratings Changes
Several brokerages recently issued reports on COF. Royal Bank of Canada boosted their price target on Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a research note on Friday, October 25th. Robert W. Baird raised their price target on Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a research report on Friday, October 25th. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a "neutral" rating in a research note on Monday, October 7th. Barclays raised their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the company an "equal weight" rating in a report on Tuesday, October 8th. Finally, Evercore ISI increased their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an "in-line" rating in a research report on Wednesday, October 30th. Eleven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Capital One Financial presently has a consensus rating of "Hold" and a consensus price target of $156.35.
Check Out Our Latest Research Report on COF
Insider Buying and Selling
In other news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the transaction, the insider now owns 44,711 shares of the company's stock, valued at $7,153,760. This represents a 26.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Michael Zamsky sold 10,541 shares of the firm's stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares of the company's stock, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 29,007 shares of company stock valued at $4,982,647 over the last 90 days. Company insiders own 1.30% of the company's stock.
Capital One Financial Trading Up 1.2 %
Shares of Capital One Financial stock traded up $2.14 during midday trading on Friday, reaching $185.14. The company had a trading volume of 4,122,382 shares, compared to its average volume of 3,819,630. The firm has a market cap of $70.63 billion, a PE ratio of 17.48, a P/E/G ratio of 1.37 and a beta of 1.43. The stock has a fifty day moving average price of $157.74 and a 200 day moving average price of $146.36. 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 Co. has a fifty-two week low of $104.21 and a fifty-two week high of $198.30.
Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.81. The company had revenue of $10 billion during the quarter, compared to analysts' expectations of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. Capital One Financial's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company posted $4.45 earnings per share. On average, equities analysts anticipate that Capital One Financial Co. will post 13.54 earnings per share for the current year.
Capital One Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be given a dividend of $0.60 per share. The ex-dividend date is Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.30%. Capital One Financial's payout ratio is 22.66%.
About Capital One Financial
(
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.
Read More
Before you consider Capital One Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Capital One Financial wasn't on the list.
While Capital One Financial currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.