Landscape Capital Management L.L.C. lessened its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 82.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,571 shares of the financial services provider's stock after selling 17,223 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in Capital One Financial were worth $535,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in COF. LRI Investments LLC purchased a new stake in Capital One Financial during the 1st quarter valued at about $25,000. Y.D. More Investments Ltd acquired a new position in shares of Capital One Financial in the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC acquired a new position in shares of Capital One Financial in the 2nd quarter valued at about $29,000. Unique Wealth Strategies LLC acquired a new position in shares of Capital One Financial in the 2nd quarter valued at about $36,000. Finally, Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial in the 3rd quarter valued at about $36,000. Hedge funds and other institutional investors own 89.84% of the company's stock.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $156.00 to $157.00 and gave the company a "neutral" rating in a report on Monday, October 7th. Citigroup assumed coverage on Capital One Financial in a report on Friday, September 20th. They issued a "buy" rating and a $190.00 price objective for the company. Barclays upped 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. The Goldman Sachs Group upped their price target on Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. Finally, 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 report on Friday, October 25th. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $160.18.
View Our Latest Analysis on COF
Capital One Financial Price Performance
Shares of COF stock traded up $4.42 during trading hours on Friday, reaching $187.06. The company had a trading volume of 2,051,578 shares, compared to its average volume of 3,893,380. 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 stock has a fifty day moving average of $162.15 and a 200-day moving average of $147.78. The company has a market capitalization of $71.37 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 1.33 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.
Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. The business had revenue of $10 billion during 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 was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business earned $4.45 earnings per share. On average, equities analysts anticipate that Capital One Financial Co. will post 13.54 earnings per share for the current year.
Capital One Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given 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 1.28%. Capital One Financial's payout ratio is 22.66%.
Insider Buying and Selling
In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the company's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the transaction, the insider now directly owns 19,776 shares in the company, valued at $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kara West sold 721 shares of the stock in a transaction on 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 sale, the insider now owns 12,929 shares in the company, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 29,007 shares of company stock worth $4,982,647. Company insiders own 1.30% of the company's stock.
Capital One Financial Profile
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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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