Cerity Partners LLC Grows Holdings in Capital One Financial Co. (NYSE:COF)

Cerity Partners LLC boosted its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 23.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 93,562 shares of the financial services provider's stock after buying an additional 17,565 shares during the quarter. Cerity Partners LLC's holdings in Capital One Financial were worth $14,009,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. LRI Investments LLC bought a new position in shares of Capital One Financial during the first quarter valued at approximately $25,000. Y.D. More Investments Ltd purchased a new position in Capital One Financial during the 2nd quarter worth approximately $28,000. Hobbs Group Advisors LLC purchased a new stake in shares of Capital One Financial in the second quarter worth about $29,000. Unique Wealth Strategies LLC acquired a new stake in shares of Capital One Financial during the 2nd quarter worth approximately $36,000. Finally, Catalyst Capital Advisors LLC purchased a new position in Capital One Financial in the third quarter valued at $36,000. 89.84% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the company's stock in a transaction on Tuesday, November 5th. The shares were 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. This represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial 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 sale, the insider now directly owns 44,711 shares in the company, valued at $7,153,760. This trade represents 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 worth $4,982,647 over the last ninety days. 1.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

COF has been the subject of several recent analyst reports. The Goldman Sachs Group boosted their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. Citigroup initiated coverage on Capital One Financial in a research note on Friday, September 20th. They issued a "buy" rating and a $190.00 price objective for the company. Robert W. Baird raised their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a research note on Friday, October 25th. Barclays raised their target price 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. Finally, Royal Bank of Canada raised their target price on Capital One Financial from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research note on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, Capital One Financial presently has an average rating of "Hold" and an average price target of $160.18.

Capital One Financial Trading Down 0.3 %

Shares of Capital One Financial stock traded down $0.62 during mid-day trading on Tuesday, hitting $191.27. 1,396,137 shares of the stock were exchanged, compared to its average volume of 2,579,260. The company has a 50-day simple moving average of $163.17 and a 200 day simple moving average of $148.16. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $72.97 billion, a price-to-earnings ratio of 18.00, a price-to-earnings-growth ratio of 1.36 and a beta of 1.43. Capital One Financial Co. has a twelve month low of $105.43 and a twelve month high of $198.30.

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

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.25%. Capital One Financial's dividend payout ratio (DPR) is 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.