TD Waterhouse Canada Inc. boosted its position in Capital One Financial Corporation (NYSE:COF – Free Report) by 110.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 35,088 shares of the financial services provider’s stock after acquiring an additional 18,397 shares during the period. TD Waterhouse Canada Inc.’s holdings in Capital One Financial were worth $6,774,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sculptor Capital LP bought a new position in shares of Capital One Financial in the first quarter valued at $33,932,000. Krilogy Financial LLC increased its position in shares of Capital One Financial by 69.0% during the third quarter. Krilogy Financial LLC now owns 25,629 shares of the financial services provider’s stock worth $4,948,000 after acquiring an additional 10,464 shares in the last quarter. Swiss National Bank increased its position in shares of Capital One Financial by 6.5% during the first quarter. Swiss National Bank now owns 1,865,716 shares of the financial services provider’s stock worth $340,363,000 after acquiring an additional 113,200 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of Capital One Financial during the second quarter worth about $73,364,000. Finally, Professional Financial Advisors LLC raised its holdings in shares of Capital One Financial by 645.8% in the 2nd quarter. Professional Financial Advisors LLC now owns 9,710 shares of the financial services provider’s stock worth $1,948,000 after acquiring an additional 8,408 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.
Insider Buying and Selling at Capital One Financial
In other Capital One Financial news, insider Lia Dean sold 2,193 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $225.52, for a total value of $494,565.36. Following the completion of the sale, the insider owned 63,261 shares in the company, valued at approximately $14,266,620.72. This trade represents a 3.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ravi Raghu sold 9,726 shares of the stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the completion of the sale, the insider owned 26,328 shares of the company’s stock, valued at approximately $5,523,087.84. This trade represents a 26.98% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 37,664 shares of company stock valued at $7,914,162 in the last quarter. 0.78% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the stock. UBS Group raised their price target on shares of Capital One Financial from $275.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Weiss Ratings downgraded Capital One Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, October 6th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Capital One Financial in a report on Thursday, August 20th. Morgan Stanley lowered their price objective on Capital One Financial from $273.00 to $267.00 and set an “overweight” rating for the company in a research note on Monday, October 12th. Finally, Citigroup lowered their price objective on Capital One Financial from $295.00 to $280.00 and set a “buy” rating for the company in a research note on Tuesday, September 29th. Twenty investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $255.04.
Check Out Our Latest Stock Analysis on Capital One Financial
Capital One Financial Price Performance
COF opened at $199.86 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market capitalization of $122.61 billion, a price-to-earnings ratio of 12.37, a P/E/G ratio of 0.97 and a beta of 1.04. The firm’s fifty day moving average price is $207.70 and its two-hundred day moving average price is $200.51. Capital One Financial Corporation has a 1 year low of $174.24 and a 1 year high of $259.64.
Capital One Financial (NYSE:COF – Get Free Report) last posted its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.79 by $1.02. The firm had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The business’s revenue was up 26.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.48 EPS. As a group, analysts anticipate that Capital One Financial Corporation will post 20.36 earnings per share for the current fiscal year.
Capital One Financial Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were issued a dividend of $0.80 per share. The ex-dividend date was Monday, August 17th. This represents a $3.20 annualized dividend and a yield of 1.6%. Capital One Financial’s payout ratio is 19.80%.
Capital One Financial Company Profile
Capital One Financial Corporation is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company operates as a bank holding company through Capital One, N.A., providing financial products and services to consumers, small businesses and commercial customers.
Capital One is best known for its credit card business, which offers a range of consumer and business cards. Its other activities include consumer banking products such as checking and savings accounts, auto loans and retail banking services, as well as commercial banking services for businesses and institutions.
The company primarily serves customers in the United States through digital channels, branches and other distribution networks.
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