Hudson Valley Investment Advisors Inc. ADV bought a new stake in Capital One Financial Co. (NYSE:COF - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,500 shares of the financial services provider's stock, valued at approximately $524,000.
Several other hedge funds also recently modified their holdings of the business. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in Capital One Financial by 21.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider's stock worth $4,093,000 after buying an additional 4,840 shares during the period. Twin Tree Management LP raised its holdings in Capital One Financial by 5.6% during the 1st quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider's stock worth $10,200,000 after buying an additional 3,609 shares during the period. Clear Harbor Asset Management LLC acquired a new stake in Capital One Financial during the 2nd quarter worth approximately $511,000. QRG Capital Management Inc. raised its holdings in Capital One Financial by 3.2% during the 2nd quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider's stock worth $16,927,000 after buying an additional 3,776 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in Capital One Financial by 20.4% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 15,817 shares of the financial services provider's stock worth $2,355,000 after buying an additional 2,675 shares during the period. Institutional investors own 89.84% of the company's stock.
Capital One Financial Stock Up 0.7 %
NYSE:COF traded up $1.11 during trading hours on Friday, hitting $163.90. 3,364,363 shares of the company traded hands, compared to its average volume of 2,485,347. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The firm's 50-day simple moving average is $149.71 and its 200-day simple moving average is $143.53. Capital One Financial Co. has a one year low of $101.38 and a one year high of $167.93. The company has a market cap of $62.59 billion, a PE ratio of 15.45, a PEG ratio of 1.27 and a beta of 1.44.
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, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same quarter last year, the firm posted $4.45 EPS. The firm's revenue for the quarter was up 6.8% on a year-over-year basis. Equities analysts predict that Capital One Financial Co. will post 13.17 earnings per share for the current year.
Insider Buying and Selling at Capital One Financial
In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares of the company's stock, valued at $7,153,760. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the sale, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction dated 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 sale, the chief executive officer now owns 40,934 shares of the company's stock, valued at approximately $5,438,491.24. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on COF. Barclays raised their price target on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an "equal weight" rating in a research note on Tuesday, October 8th. Royal Bank of Canada raised their price target 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. Evercore ISI raised their price target 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. Citigroup started coverage on shares of Capital One Financial in a research note on Friday, September 20th. They issued a "buy" rating and a $190.00 target price for the company. Finally, Robert W. Baird raised their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a research note on Friday, October 25th. Twelve analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $153.56.
Check Out Our Latest 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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