Commerce Bank Has $50.01 Million Holdings in Capital One Financial Co. (NYSE:COF)

Commerce Bank lifted its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 2.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 334,025 shares of the financial services provider's stock after buying an additional 7,456 shares during the period. Commerce Bank owned about 0.09% of Capital One Financial worth $50,014,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of COF. Prospera Private Wealth LLC bought a new stake in Capital One Financial in the third quarter worth approximately $47,000. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Capital One Financial in the 3rd quarter worth $4,551,000. Fifth Third Wealth Advisors LLC lifted its position in Capital One Financial by 13.4% during the third quarter. Fifth Third Wealth Advisors LLC now owns 4,708 shares of the financial services provider's stock valued at $705,000 after purchasing an additional 558 shares in the last quarter. Prospera Financial Services Inc increased its stake in Capital One Financial by 9.7% during the third quarter. Prospera Financial Services Inc now owns 4,992 shares of the financial services provider's stock worth $749,000 after acquiring an additional 440 shares during the last quarter. Finally, Meeder Asset Management Inc. increased its stake in Capital One Financial by 685.3% during the third quarter. Meeder Asset Management Inc. now owns 52,959 shares of the financial services provider's stock worth $7,930,000 after acquiring an additional 46,215 shares during the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Kara West sold 721 shares of the company's stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares in the company, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael Zamsky sold 10,541 shares of the firm's stock in a transaction on 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 in the company, 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 in the last 90 days. Insiders own 1.30% of the company's stock.

Analyst Upgrades and Downgrades

COF has been the topic of several research reports. JPMorgan Chase & Co. upped their target price on Capital One Financial from $156.00 to $157.00 and gave the company a "neutral" rating in a research report on Monday, October 7th. Robert W. Baird upped their price target 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. Bank of America upped their price objective on Capital One Financial from $158.00 to $161.00 and gave the company a "buy" rating in a research report on Wednesday, July 24th. Royal Bank of Canada increased their target price 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. Finally, Barclays raised their price target on Capital One Financial from $154.00 to $158.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $160.18.

Capital One Financial Price Performance

COF stock traded up $0.03 during trading on Wednesday, hitting $181.03. 1,058,358 shares of the stock traded hands, compared to its average volume of 2,566,303. The stock has a market cap of $69.06 billion, a price-to-earnings ratio of 17.06, a P/E/G ratio of 1.37 and a beta of 1.43. The company has a 50 day simple moving average of $159.40 and a 200 day simple moving average of $146.95. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a one year low of $105.39 and a one year 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 for the quarter, beating the consensus estimate 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 net margin of 8.80% and a return on equity of 9.00%. The company's revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $4.45 earnings per share. Equities analysts expect that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Thursday, November 14th. Capital One Financial's dividend payout ratio (DPR) is presently 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.