Arvest Investments Inc. Boosts Holdings in Capital One Financial Co. (NYSE:COF)

Arvest Investments Inc. raised its holdings in Capital One Financial Co. (NYSE:COF) by 1.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,513 shares of the financial services provider’s stock after purchasing an additional 75 shares during the quarter. Arvest Investments Inc.’s holdings in Capital One Financial were worth $975,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Prossimo Advisors LLC boosted its holdings in Capital One Financial by 2.4% in the third quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock valued at $410,000 after purchasing an additional 65 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in Capital One Financial by 3.9% in the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock valued at $266,000 after purchasing an additional 66 shares during the last quarter. Bangor Savings Bank boosted its holdings in Capital One Financial by 20.8% in the third quarter. Bangor Savings Bank now owns 448 shares of the financial services provider’s stock valued at $67,000 after purchasing an additional 77 shares during the last quarter. Grove Bank & Trust boosted its holdings in Capital One Financial by 9.3% in the third quarter. Grove Bank & Trust now owns 909 shares of the financial services provider’s stock valued at $136,000 after purchasing an additional 77 shares during the last quarter. Finally, Bruce G. Allen Investments LLC boosted its stake in shares of Capital One Financial by 12.5% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 700 shares of the financial services provider’s stock worth $105,000 after acquiring an additional 78 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Capital One Financial

In other news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction on Thursday, October 17th. The shares were 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 directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction on Thursday, October 17th. The shares were 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 directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction 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 owns 19,776 shares in the company, valued at $3,211,029.12. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Trading Up 0.2 %

Shares of NYSE COF traded up $0.39 during midday trading on Friday, reaching $185.21. 4,247,350 shares of the stock were exchanged, compared to its average volume of 3,288,352. The company has a 50 day simple moving average of $153.47 and a 200 day simple moving average of $144.96. The stock has a market capitalization of $70.66 billion, a P/E ratio of 17.49, a PEG ratio of 1.42 and a beta of 1.43. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a twelve month low of $102.63 and a twelve month high of $198.30.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results 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. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business’s revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the firm earned $4.45 EPS. As a group, equities analysts expect that Capital One Financial Co. will post 13.46 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.30%. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on COF. Robert W. Baird increased their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Bank of America increased their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. 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 note on Wednesday, October 30th. Citigroup assumed coverage on shares of Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 target price on the stock. Finally, Royal Bank of Canada upped 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 report on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $156.35.

About Capital One Financial

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.