Captrust Financial Advisors boosted its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 7.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,250 shares of the financial services provider's stock after buying an additional 3,081 shares during the period. Captrust Financial Advisors' holdings in Capital One Financial were worth $6,476,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Suvretta Capital Management LLC acquired a new stake in Capital One Financial in the third quarter worth approximately $35,276,000. Hantz Financial Services Inc. increased its holdings in shares of Capital One Financial by 3.4% in the third quarter. Hantz Financial Services Inc. now owns 32,635 shares of the financial services provider's stock valued at $4,886,000 after buying an additional 1,064 shares in the last quarter. Northwest & Ethical Investments L.P. lifted its position in shares of Capital One Financial by 2.1% during the 3rd quarter. Northwest & Ethical Investments L.P. now owns 55,428 shares of the financial services provider's stock valued at $8,299,000 after acquiring an additional 1,142 shares during the last quarter. Pin Oak Investment Advisors Inc. boosted its stake in shares of Capital One Financial by 51.7% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 396 shares of the financial services provider's stock worth $59,000 after acquiring an additional 135 shares in the last quarter. Finally, Vinva Investment Management Ltd raised its position in shares of Capital One Financial by 44.9% during the third quarter. Vinva Investment Management Ltd now owns 22,437 shares of the financial services provider's stock worth $3,345,000 after purchasing an additional 6,957 shares during the period. Institutional investors own 89.84% of the company's stock.
Insider Transactions at Capital One Financial
In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm's stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the transaction, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 value of $2,520,160.00. Following the completion of the transaction, the insider now directly owns 44,711 shares of the company's stock, valued at approximately $7,153,760. The trade was a 26.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock valued at $4,982,647 in the last ninety days. Corporate insiders own 1.30% of the company's stock.
Capital One Financial Stock Performance
Shares of COF traded down $0.47 during trading hours on Tuesday, hitting $187.05. The stock had a trading volume of 2,355,033 shares, compared to its average volume of 3,386,355. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $71.36 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 1.37 and a beta of 1.45. The firm has a 50-day moving average price of $168.10 and a 200 day moving average price of $150.17. Capital One Financial Co. has a fifty-two week low of $112.64 and a fifty-two week high of $198.30.
Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same period last year, the company earned $4.45 EPS. The company's quarterly revenue was up 6.8% on a year-over-year basis. As a group, research analysts anticipate that Capital One Financial Co. will post 13.54 EPS for the current year.
Capital One Financial Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.28%. Capital One Financial's dividend payout ratio (DPR) is presently 22.66%.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on COF shares. Evercore ISI raised their price objective on shares of 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. JPMorgan Chase & Co. upped their price target 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 lifted their price objective 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. Robert W. Baird increased their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a report on Friday, October 25th. Finally, Citigroup began coverage on Capital One Financial in a research report on Friday, September 20th. They issued a "buy" rating and a $190.00 price target on the stock. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $160.18.
Check Out Our Latest Analysis on COF
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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