Wilmington Savings Fund Society FSB acquired a new stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,134 shares of the financial services provider's stock, valued at approximately $619,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Arvest Bank Trust Division acquired a new position in Capital One Financial in the third quarter valued at $8,310,000. Sanctuary Advisors LLC increased its stake in shares of Capital One Financial by 13.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 109,036 shares of the financial services provider's stock valued at $16,326,000 after acquiring an additional 12,979 shares during the last quarter. Stock Yards Bank & Trust Co. lifted its holdings in shares of Capital One Financial by 4.1% during the 3rd quarter. Stock Yards Bank & Trust Co. now owns 2,130 shares of the financial services provider's stock worth $319,000 after acquiring an additional 83 shares during the period. M&T Bank Corp boosted its position in shares of Capital One Financial by 0.5% in the third quarter. M&T Bank Corp now owns 128,304 shares of the financial services provider's stock worth $19,211,000 after acquiring an additional 620 shares during the last quarter. Finally, Soltis Investment Advisors LLC increased its position in Capital One Financial by 6.0% during the third quarter. Soltis Investment Advisors LLC now owns 4,324 shares of the financial services provider's stock worth $647,000 after purchasing an additional 245 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.
Capital One Financial Stock Up 0.3 %
Shares of Capital One Financial stock traded up $0.56 on Monday, hitting $185.09. 2,105,387 shares of the company's stock traded hands, compared to its average volume of 2,564,909. 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 moving average is $174.06 and its 200 day moving average is $152.83. The stock has a market cap of $70.61 billion, a P/E ratio of 17.38, a PEG ratio of 1.36 and a beta of 1.45. Capital One Financial Co. has a 52-week low of $123.23 and a 52-week high of $198.30.
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 net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same period last year, the business earned $4.45 EPS. The firm's revenue for the quarter was up 6.8% compared to the same quarter last year. Equities analysts anticipate that Capital One Financial Co. will post 13.54 earnings per share for the current year.
Capital One Financial Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial's dividend payout ratio is presently 22.66%.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on COF. JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a "neutral" rating in a report on Monday, December 9th. Bank of America lowered Capital One Financial from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. Barclays lifted their price objective on Capital One Financial from $154.00 to $158.00 and gave the company an "equal weight" rating in a research note on Tuesday, October 8th. Evercore ISI increased their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an "in-line" rating in a research report on Wednesday, October 30th. Finally, Robert W. Baird lifted their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a research report on Friday, October 25th. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $171.50.
Check Out Our Latest Report on COF
Insider Transactions at Capital One Financial
In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction that occurred 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 sale, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the business's stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the transaction, the insider now owns 44,711 shares of the company's stock, valued at $7,153,760. This represents a 26.05 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is currently owned by corporate insiders.
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.
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