OneDigital Investment Advisors LLC lifted its holdings in Capital One Financial Co. (NYSE:COF) by 7.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,068 shares of the financial services provider’s stock after acquiring an additional 217 shares during the period. OneDigital Investment Advisors LLC’s holdings in Capital One Financial were worth $459,000 as of its most recent filing with the SEC.
Other large investors have also added to or reduced their stakes in the company. LRI Investments LLC acquired a new stake in Capital One Financial in the first quarter valued at about $25,000. Y.D. More Investments Ltd bought a new stake in 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 during the second quarter valued at about $29,000. Unique Wealth Strategies LLC bought a new position in shares of Capital One Financial in the second quarter valued at approximately $36,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial in the third quarter valued at about $36,000. Institutional investors and hedge funds own 89.84% of the company’s stock.
Insider Activity at Capital One Financial
In other news, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. The trade was 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 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 transaction, the insider now directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is owned by company insiders.
Capital One Financial Price Performance
COF opened at $180.69 on Thursday. Capital One Financial Co. has a 52-week low of $105.39 and a 52-week high of $198.30. 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 company’s 50-day simple moving average is $160.29 and its two-hundred day simple moving average is $147.19. The stock has a market capitalization of $68.94 billion, a P/E ratio of 17.06, a P/E/G ratio of 1.37 and a beta of 1.43.
Capital One Financial (NYSE:COF – Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $9.88 billion. During the same quarter last year, the firm posted $4.45 earnings per share. The firm’s revenue was up 6.8% compared to the same quarter last year. As a group, analysts predict that Capital One Financial Co. will post 13.54 EPS for the current year.
Capital One Financial Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is 22.66%.
Wall Street Analyst Weigh In
COF has been the topic of a number of recent analyst reports. Barclays lifted their target price on 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. The Goldman Sachs Group boosted their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday. Evercore ISI lifted 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. Bank of America raised their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Finally, JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research report on Monday, October 7th. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $160.18.
Check Out Our Latest Stock 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.
Further Reading
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