Capital One Financial Co. (NYSE:COF) Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC grew its holdings in Capital One Financial Co. (NYSE:COF) by 10.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,668 shares of the financial services provider’s stock after purchasing an additional 247 shares during the quarter. Farther Finance Advisors LLC’s holdings in Capital One Financial were worth $400,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. LRI Investments LLC acquired a new stake in Capital One Financial during the 1st quarter valued at $25,000. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial in the second quarter valued at $28,000. Hobbs Group Advisors LLC acquired a new stake in shares of Capital One Financial during the second quarter valued at $29,000. Unique Wealth Strategies LLC purchased a new stake in Capital One Financial during the 2nd quarter worth about $36,000. Finally, Creative Financial Designs Inc. ADV raised its stake in Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Citigroup began coverage on shares of Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price target for the company. JPMorgan Chase & Co. boosted their price target on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a report on Monday, October 7th. Royal Bank of Canada raised their price objective on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th. Barclays upped their target price 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. Finally, Robert W. Baird lifted their price target on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $156.35.

Capital One Financial Price Performance

COF opened at $184.81 on Friday. Capital One Financial Co. has a 52-week low of $102.63 and a 52-week high of $198.30. The company has a 50 day moving average of $151.92 and a two-hundred day moving average of $144.43. The company has a market cap of $70.51 billion, a P/E ratio of 17.45, a P/E/G ratio of 1.22 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 announced its quarterly earnings results 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 firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.45 EPS. On average, analysts expect that Capital One Financial Co. will post 13.17 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

Insiders Place Their Bets

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s 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 transaction, the insider now directly owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the transaction, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider now owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

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.