D.A. Davidson & CO. Has $8.59 Million Position in Capital One Financial Co. (NYSE:COF)

D.A. Davidson & CO. increased its position in shares of Capital One Financial Co. (NYSE:COF) by 0.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,337 shares of the financial services provider’s stock after acquiring an additional 249 shares during the period. D.A. Davidson & CO.’s holdings in Capital One Financial were worth $8,585,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in COF. LRI Investments LLC bought a new stake in Capital One Financial during the first quarter worth $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial during the 2nd quarter worth $28,000. Hobbs Group Advisors LLC acquired a new stake in Capital One Financial in the second quarter valued at about $29,000. Unique Wealth Strategies LLC bought a new position in Capital One Financial in the second quarter valued at about $36,000. Finally, Catalyst Capital Advisors LLC acquired a new position in Capital One Financial during the third quarter worth about $36,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Ratings Changes

COF has been the topic of several research reports. Robert W. Baird lifted their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday, October 7th. The Goldman Sachs Group increased their price target on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Citigroup initiated coverage on Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 target price for the company. Finally, Barclays lifted their price target on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $160.18.

Capital One Financial Stock Down 0.2 %

Shares of Capital One Financial stock opened at $191.50 on Wednesday. The stock’s 50-day moving average is $164.10 and its 200 day moving average is $148.50. Capital One Financial Co. has a one year low of $105.43 and a one year high of $198.30. The firm has a market cap of $73.06 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 1.36 and a beta of 1.43. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00.

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 firm had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business earned $4.45 EPS. Equities research analysts anticipate that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

Insider Activity

In other Capital One Financial news, insider Kara West sold 721 shares of the business’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the sale, the insider now owns 12,929 shares in the company, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction dated 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 owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This represents a 9.16 % 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 worth $4,982,647. Company 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.