Chevy Chase Trust Holdings LLC reduced its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 1.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 207,319 shares of the financial services provider's stock after selling 3,797 shares during the quarter. Chevy Chase Trust Holdings LLC owned 0.05% of Capital One Financial worth $31,042,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Prossimo Advisors LLC lifted its stake in shares of Capital One Financial by 2.4% in the 3rd quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider's stock worth $410,000 after acquiring an additional 65 shares during the period. Arkadios Wealth Advisors raised its position in Capital One Financial by 3.9% in the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider's stock worth $266,000 after acquiring an additional 66 shares in the last quarter. Baldwin Investment Management LLC boosted its holdings in Capital One Financial by 0.6% during the third quarter. Baldwin Investment Management LLC now owns 12,215 shares of the financial services provider's stock worth $1,829,000 after buying an additional 70 shares in the last quarter. Harbour Investments Inc. grew its position in Capital One Financial by 0.7% during the third quarter. Harbour Investments Inc. now owns 9,579 shares of the financial services provider's stock worth $1,434,000 after buying an additional 71 shares during the period. Finally, Arvest Investments Inc. increased its holdings in Capital One Financial by 1.2% in the third quarter. Arvest Investments Inc. now owns 6,513 shares of the financial services provider's stock valued at $975,000 after buying an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.
Insiders Place Their Bets
In other news, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now directly owns 26,482 shares of the company's stock, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the firm's stock in a transaction that occurred 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 sale, the insider now owns 19,776 shares of the company's stock, valued at approximately $3,211,029.12. This trade represents a 9.16 % 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 in the last 90 days. 1.30% of the stock is owned by company insiders.
Capital One Financial Trading Down 0.0 %
COF stock traded down $0.06 during midday trading on Tuesday, reaching $187.46. 1,406,136 shares of the company's stock traded hands, compared to its average volume of 2,567,192. 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 $112.64 and a fifty-two week high of $198.30. The business has a 50-day moving average price of $166.58 and a two-hundred day moving average price of $149.52. The company has a market capitalization of $71.52 billion, a P/E ratio of 17.73, a PEG ratio of 1.40 and a beta of 1.45.
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 earnings per share for the quarter, topping analysts' consensus estimates of $3.70 by $0.81. The firm 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%. The firm's revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the company earned $4.45 EPS. Equities research analysts forecast that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.
Capital One Financial Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial's dividend payout ratio (DPR) is presently 22.66%.
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. Robert W. Baird lifted 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. JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a "neutral" rating in a research report on Monday, October 7th. 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. Barclays upped their target price on Capital One Financial from $154.00 to $158.00 and gave the company an "equal weight" rating in a research note on Tuesday, October 8th. Finally, Royal Bank of Canada raised their price target 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. Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Capital One Financial has a consensus rating of "Hold" and an average target price of $160.18.
Get Our Latest Stock Analysis on Capital One Financial
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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