Lmcg Investments LLC Sells 2,998 Shares of Capital One Financial Co. (NYSE:COF)

Lmcg Investments LLC lowered its holdings in shares of Capital One Financial Co. (NYSE:COF) by 3.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,459 shares of the financial services provider’s stock after selling 2,998 shares during the quarter. Capital One Financial accounts for about 0.9% of Lmcg Investments LLC’s portfolio, making the stock its 28th largest position. Lmcg Investments LLC’s holdings in Capital One Financial were worth $14,443,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of COF. Arkadios Wealth Advisors lifted its holdings in shares of Capital One Financial by 3.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after acquiring an additional 66 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in Capital One Financial by 11.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 75 shares during the period. Bangor Savings Bank increased its position in Capital One Financial by 20.8% during the 3rd 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 period. Grove Bank & Trust increased its position in Capital One Financial by 9.3% during the 3rd 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 period. Finally, Bruce G. Allen Investments LLC increased its position in 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 valued at $105,000 after purchasing an additional 78 shares during the period. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on COF. Bank of America raised their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. Barclays lifted their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Evercore ISI lifted 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. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research report on Monday, October 7th. Finally, Robert W. Baird lifted their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Capital One Financial currently has a consensus rating of “Hold” and a consensus price target of $156.35.

Capital One Financial Stock Performance

NYSE COF traded up $1.11 during mid-day trading on Friday, reaching $163.90. 3,375,221 shares of the stock were exchanged, compared to its average volume of 2,485,347. 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 has a market capitalization of $62.59 billion, a P/E ratio of 15.48, a P/E/G ratio of 1.27 and a beta of 1.44. Capital One Financial Co. has a 1 year low of $101.38 and a 1 year high of $167.93. The business’s 50 day moving average is $150.14 and its 200-day moving average is $143.70.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 8.80% and a return on equity of 9.00%. The company’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the firm posted $4.45 earnings per share. On average, equities research analysts forecast that Capital One Financial Co. will post 13.17 EPS for the current fiscal year.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the 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 transaction, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, insider Frank G. LapradeIii sold 15,751 shares of the 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 sale, the insider now directly owns 44,711 shares in the company, valued at $7,153,760. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the sale, the chief executive officer now owns 40,934 shares of the company’s stock, valued at $5,438,491.24. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

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.