Nisa Investment Advisors LLC raised its position in Capital One Financial Co. (NYSE:COF - Free Report) by 5.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 153,631 shares of the financial services provider's stock after acquiring an additional 7,390 shares during the quarter. Nisa Investment Advisors LLC's holdings in Capital One Financial were worth $23,003,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of COF. LRI Investments LLC bought a new position in shares of Capital One Financial in the first quarter worth about $25,000. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial during the second quarter worth about $28,000. Hobbs Group Advisors LLC purchased a new stake in shares of Capital One Financial during the second quarter worth about $29,000. Unique Wealth Strategies LLC purchased a new stake in shares of Capital One Financial during the second quarter worth about $36,000. Finally, Versant Capital Management Inc grew its position in shares of Capital One Financial by 391.5% during the second quarter. Versant Capital Management Inc now owns 290 shares of the financial services provider's stock worth $40,000 after purchasing an additional 231 shares in the last quarter. Institutional investors own 89.84% of the company's stock.
Insider Transactions at Capital One Financial
In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the transaction, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, insider Frank G. LapradeIii sold 15,751 shares of the 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 completion of the sale, the insider now owns 44,711 shares of the company's stock, valued at approximately $7,153,760. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the sale, the chief executive officer now directly owns 40,934 shares of the company's stock, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.30% of the company's stock.
Capital One Financial Stock Up 2.3 %
NYSE:COF traded up $3.83 during mid-day trading on Wednesday, hitting $166.82. 2,787,649 shares of the company's stock traded hands, compared to its average volume of 2,476,629. The company has a fifty day moving average of $148.70 and a 200 day moving average of $143.23. Capital One Financial Co. has a twelve month low of $99.37 and a twelve month high of $167.93. The company has a market capitalization of $63.42 billion, a P/E ratio of 13.06, a P/E/G ratio of 1.22 and a beta of 1.44. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00.
Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same period in the prior year, the company earned $4.45 earnings per share. The company's revenue was up 6.8% on a year-over-year basis. On average, analysts forecast that Capital One Financial Co. will post 12.87 EPS for the current year.
Analysts Set New Price Targets
Several research firms recently issued reports on COF. Barclays increased their target price on Capital One Financial from $154.00 to $158.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 8th. Evercore ISI raised their price objective on Capital One Financial from $163.00 to $184.00 and gave the company an "in-line" rating in a research note on Wednesday. Royal Bank of Canada raised their price objective 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. Bank of America raised their price target on Capital One Financial from $158.00 to $161.00 and gave the stock a "buy" rating in a research note on Wednesday, July 24th. Finally, JPMorgan Chase & Co. raised their price target on Capital One Financial from $156.00 to $157.00 and gave the stock a "neutral" rating in a research note on Monday, October 7th. Twelve research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Capital One Financial has a consensus rating of "Hold" and a consensus price target of $153.56.
Get Our Latest Stock Analysis on Capital One Financial
About Capital One Financial
(
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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