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DRW Securities LLC Acquires 6,482 Shares of Capital One Financial Co. (NYSE:COF)

Capital One Financial logo with Finance background

DRW Securities LLC grew its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 207.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,606 shares of the financial services provider's stock after acquiring an additional 6,482 shares during the period. DRW Securities LLC's holdings in Capital One Financial were worth $1,438,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. LRI Investments LLC bought a new stake in Capital One Financial during the 1st quarter worth about $25,000. Y.D. More Investments Ltd bought a new position in Capital One Financial in the second quarter valued at approximately $28,000. Hobbs Group Advisors LLC acquired a new stake in Capital One Financial during the 2nd quarter worth $29,000. Unique Wealth Strategies LLC bought a new stake in shares of Capital One Financial during the 2nd quarter valued at $36,000. Finally, Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial in the 3rd quarter valued at $36,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Robert W. Baird upped 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. Royal Bank of Canada lifted their price objective on shares of 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. The Goldman Sachs Group upped their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. lifted 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 report on Monday, October 7th. Finally, Citigroup began coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a "buy" rating and a $190.00 price objective for the company. 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.com, the company has a consensus rating of "Hold" and an average target price of $160.18.

Check Out Our Latest Research Report on COF

Capital One Financial Stock Down 0.2 %

Shares of NYSE:COF traded down $0.39 during midday trading on Tuesday, hitting $191.50. The stock had a trading volume of 2,327,350 shares, compared to its average volume of 2,583,651. The company has a market cap of $73.06 billion, a P/E ratio of 18.08, a PEG ratio of 1.36 and a beta of 1.43. Capital One Financial Co. has a 12 month low of $105.43 and a 12 month high of $198.30. The business's 50-day simple moving average is $164.10 and its 200-day simple moving average is $148.50. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF - Get Free Report) last released 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. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same period in the previous year, the business earned $4.45 EPS. Capital One Financial's revenue for the quarter was up 6.8% compared to the same quarter last year. On average, sell-side analysts forecast that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were paid a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.25%. Capital One Financial's dividend payout ratio is 22.66%.

Insider Activity

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the 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 transaction, the insider now directly owns 26,482 shares of the company's stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the business's stock in a transaction that occurred 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 sale, the insider now owns 44,711 shares of the company's stock, valued at approximately $7,153,760. This 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 valued at $4,982,647 over the last three months. Insiders own 1.30% of the company's stock.

Capital One Financial Company 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.

See Also

Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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