Capital One Financial Co. (NYSE:COF) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. trimmed its position in shares of Capital One Financial Co. (NYSE:COF) by 9.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,707 shares of the financial services provider’s stock after selling 403 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Capital One Financial were worth $552,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in COF. &PARTNERS raised its holdings in shares of Capital One Financial by 270.8% in the 2nd quarter. &PARTNERS now owns 5,184 shares of the financial services provider’s stock worth $718,000 after purchasing an additional 3,786 shares during the period. Catalina Capital Group LLC acquired a new position in Capital One Financial during the second quarter valued at approximately $206,000. Premier Path Wealth Partners LLC grew its stake in Capital One Financial by 3.9% during the second quarter. Premier Path Wealth Partners LLC now owns 3,633 shares of the financial services provider’s stock worth $503,000 after buying an additional 136 shares during the period. Quotient Wealth Partners LLC increased its position in shares of Capital One Financial by 59.4% in the second quarter. Quotient Wealth Partners LLC now owns 4,780 shares of the financial services provider’s stock worth $662,000 after acquiring an additional 1,781 shares in the last quarter. Finally, Retirement Systems of Alabama increased its position in shares of Capital One Financial by 0.4% in the second quarter. Retirement Systems of Alabama now owns 84,288 shares of the financial services provider’s stock worth $11,670,000 after acquiring an additional 328 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Capital One Financial

In other 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 transaction of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kara West sold 721 shares of Capital One Financial stock in a transaction dated 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. This represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock valued at $4,982,647 in the last quarter. Insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the subject of a number of research reports. Robert W. Baird upped their price target 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. JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Barclays raised their target price on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Citigroup began coverage on Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price target on the stock. Finally, The Goldman Sachs Group increased their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $171.50.

Capital One Financial Trading Up 0.7 %

NYSE:COF opened at $175.66 on Friday. The company has a market cap of $67.02 billion, a PE ratio of 16.59, a P/E/G ratio of 1.36 and a beta of 1.45. The business’s 50 day moving average is $176.30 and its two-hundred day moving average is $153.78. 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 52 week low of $123.23 and a 52 week high of $198.30.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same period last year, the business posted $4.45 earnings per share. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. On average, analysts predict that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio is presently 22.66%.

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.