Capital One Financial Co. (NYSE:COF) Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC raised its holdings in shares of Capital One Financial Co. (NYSE:COF) by 10.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,601 shares of the financial services provider’s stock after buying an additional 808 shares during the period. Private Advisor Group LLC’s holdings in Capital One Financial were worth $1,288,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Whittier Trust Co. of Nevada Inc. boosted its position in Capital One Financial by 11.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock worth $107,000 after purchasing an additional 75 shares during the period. Bangor Savings Bank grew its stake in shares of Capital One Financial by 20.8% in the third quarter. Bangor Savings Bank now owns 448 shares of the financial services provider’s stock valued at $67,000 after buying an additional 77 shares in the last quarter. Grove Bank & Trust raised its holdings in shares of Capital One Financial by 9.3% during the 3rd quarter. Grove Bank & Trust now owns 909 shares of the financial services provider’s stock valued at $136,000 after buying an additional 77 shares during the period. Bruce G. Allen Investments LLC lifted its position in Capital One Financial by 12.5% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 700 shares of the financial services provider’s stock worth $105,000 after acquiring an additional 78 shares in the last quarter. Finally, Marcum Wealth LLC boosted its holdings in Capital One Financial by 3.6% in the 2nd quarter. Marcum Wealth LLC now owns 2,295 shares of the financial services provider’s stock worth $318,000 after acquiring an additional 79 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the sale, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at approximately $5,438,491.24. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 completion of the sale, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on COF shares. Barclays lifted their price objective on shares of 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. Bank of America boosted their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. JPMorgan Chase & Co. raised their target price on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research note on Monday, October 7th. Royal Bank of Canada boosted their price target on 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. Finally, Citigroup initiated coverage on Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 price objective for the company. Twelve analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $153.56.

Capital One Financial Stock Down 2.4 %

Shares of NYSE:COF opened at $162.79 on Friday. Capital One Financial Co. has a 1-year low of $99.37 and a 1-year high of $167.93. The company’s fifty day moving average is $149.71 and its two-hundred day moving average is $143.53. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market capitalization of $61.89 billion, a price-to-earnings ratio of 12.75, a price-to-earnings-growth ratio of 1.22 and a beta of 1.44.

Capital One Financial (NYSE:COF) last issued its 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 net margin of 9.01% and a return on equity of 9.31%. Capital One Financial’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the company posted $4.45 earnings per share. Equities analysts anticipate that Capital One Financial Co. will post 12.87 EPS for the current year.

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.