Equitable Trust Co. Grows Position in Capital One Financial Co. (NYSE:COF)

Equitable Trust Co. raised its position in shares of Capital One Financial Co. (NYSE:COF) by 20.0% during the 3rd quarter, Holdings Channel reports. The fund owned 5,771 shares of the financial services provider’s stock after purchasing an additional 961 shares during the period. Equitable Trust Co.’s holdings in Capital One Financial were worth $864,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of COF. LRI Investments LLC bought a new position in Capital One Financial during the first quarter valued at $25,000. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial during the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC bought a new position in shares of Capital One Financial in the 2nd quarter valued at about $29,000. Unique Wealth Strategies LLC purchased a new position in Capital One Financial in the second quarter worth about $36,000. Finally, Catalyst Capital Advisors LLC bought a new stake in Capital One Financial during the third quarter worth approximately $36,000. 89.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

COF has been the subject of several analyst reports. Citigroup started coverage on Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. Royal Bank of Canada lifted their price objective 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. Robert W. Baird increased 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. Barclays lifted 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. Finally, Evercore ISI increased their price objective 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. Eleven analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Capital One Financial currently has a consensus rating of “Hold” and an average price target of $156.35.

Insider Activity

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the transaction, the insider now directly owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the company’s 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 completion of the sale, the insider now directly owns 19,776 shares in the company, valued at $3,211,029.12. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction dated 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 completion of the transaction, the insider now owns 44,711 shares in the company, valued at $7,153,760. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Capital One Financial Stock Up 0.2 %

Shares of NYSE:COF opened at $185.21 on Friday. The business’s 50 day moving average is $153.47 and its 200 day moving average is $144.98. The stock has a market cap of $70.66 billion, a P/E ratio of 17.49, a price-to-earnings-growth ratio of 1.42 and a beta of 1.43. Capital One Financial Co. has a 52-week low of $102.63 and a 52-week high of $198.30. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF) last posted 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 for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The business’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.45 EPS. Sell-side analysts predict that Capital One Financial Co. will post 13.46 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be given 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 is Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is 22.66%.

Capital One Financial Profile

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.