Capital One Financial Co. (NYSE:COF) Shares Bought by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI increased its stake in Capital One Financial Co. (NYSE:COF) by 17.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,282 shares of the financial services provider’s stock after acquiring an additional 912 shares during the period. Citizens Financial Group Inc. RI’s holdings in Capital One Financial were worth $941,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Advisors Asset Management Inc. grew its stake in shares of Capital One Financial by 90.9% during the 1st quarter. Advisors Asset Management Inc. now owns 2,447 shares of the financial services provider’s stock valued at $364,000 after buying an additional 1,165 shares during the period. Gabelli Funds LLC boosted its holdings in Capital One Financial by 8.9% in the first quarter. Gabelli Funds LLC now owns 15,300 shares of the financial services provider’s stock valued at $2,278,000 after acquiring an additional 1,250 shares during the last quarter. Lazard Asset Management LLC grew its position in Capital One Financial by 34.9% during the first quarter. Lazard Asset Management LLC now owns 29,900 shares of the financial services provider’s stock valued at $4,450,000 after acquiring an additional 7,734 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Capital One Financial by 31.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,214,929 shares of the financial services provider’s stock worth $180,892,000 after acquiring an additional 292,978 shares during the last quarter. Finally, Ascent Group LLC raised its holdings in shares of Capital One Financial by 52.0% in the 1st quarter. Ascent Group LLC now owns 15,183 shares of the financial services provider’s stock worth $2,261,000 after purchasing an additional 5,197 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

Shares of NYSE COF opened at $187.06 on Friday. The business has a 50 day moving average price of $162.15 and a two-hundred day moving average price of $147.74. Capital One Financial Co. has a fifty-two week low of $105.43 and a fifty-two week high of $198.30. The firm has a market cap of $71.37 billion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 1.32 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 (NYSE:COF) last issued 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. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the previous year, the firm earned $4.45 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year. Sell-side analysts expect 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. Stockholders of record on Thursday, November 14th were paid a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.28%. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction 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 sale, the insider now directly owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 transaction of $2,520,160.00. Following the completion of the transaction, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,007 shares of company stock valued at $4,982,647. Insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of research reports. Robert W. Baird boosted their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Royal Bank of Canada increased 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 report on Friday, October 25th. Evercore ISI raised 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 research note on Wednesday, October 30th. Barclays upped 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 report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. raised their price objective on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research report on Monday, October 7th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $160.18.

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.