1,626 Shares in Capital One Financial Co. (NYSE:COF) Acquired by Nicolet Advisory Services LLC

Nicolet Advisory Services LLC acquired a new position in shares of Capital One Financial Co. (NYSE:COF) during the third quarter, HoldingsChannel reports. The institutional investor acquired 1,626 shares of the financial services provider’s stock, valued at approximately $236,000.

Several other large investors have also modified their holdings of COF. LRI Investments LLC acquired a new stake in shares of Capital One Financial during the first quarter worth about $25,000. Y.D. More Investments Ltd acquired a new position in Capital One Financial during the second quarter worth approximately $28,000. Hobbs Group Advisors LLC purchased a new stake in Capital One Financial in the second quarter valued at approximately $29,000. Unique Wealth Strategies LLC acquired a new stake in shares of Capital One Financial in the second quarter valued at approximately $36,000. Finally, Catalyst Capital Advisors LLC purchased a new position in shares of Capital One Financial during the third quarter worth approximately $36,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the company’s 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 transaction, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. This represents a 26.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This trade represents a 28.47 % 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 worth $4,982,647. 1.30% of the stock is owned by insiders.

Capital One Financial Trading Up 2.4 %

Shares of COF stock opened at $187.06 on Monday. The stock has a market cap of $71.37 billion, a P/E ratio of 17.66, a P/E/G ratio of 1.33 and a beta of 1.43. 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 Co. has a fifty-two week low of $105.43 and a fifty-two week high of $198.30. The business has a fifty day simple moving average of $162.15 and a 200-day simple moving average of $147.81.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same period last year, the firm posted $4.45 EPS. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. On average, analysts forecast that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s payout ratio is currently 22.66%.

Wall Street Analyst Weigh In

COF has been the subject of several research reports. JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research report on Monday, October 7th. Evercore ISI upped their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Robert W. Baird raised their price target on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Citigroup began coverage on Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price target for the company. Finally, Royal Bank of Canada boosted 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 note on Friday, October 25th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $160.18.

Capital One Financial Company 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.