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

Private Advisor Group LLC lifted its position in shares of Capital One Financial Co. (NYSE:COF) by 10.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,601 shares of the financial services provider’s stock after purchasing 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.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. FSC Wealth Advisors LLC acquired a new stake in shares of Capital One Financial during the third quarter worth about $72,000. Eastern Bank acquired a new stake in shares of Capital One Financial during the third quarter worth about $44,000. My Legacy Advisors LLC increased its position in shares of Capital One Financial by 2.1% during the third quarter. My Legacy Advisors LLC now owns 5,391 shares of the financial services provider’s stock worth $807,000 after purchasing an additional 110 shares in the last quarter. Signaturefd LLC increased its position in shares of Capital One Financial by 1.6% during the third quarter. Signaturefd LLC now owns 9,162 shares of the financial services provider’s stock worth $1,372,000 after purchasing an additional 140 shares in the last quarter. Finally, Foundations Investment Advisors LLC increased its position in Capital One Financial by 14.6% in the 3rd quarter. Foundations Investment Advisors LLC now owns 2,024 shares of the financial services provider’s stock valued at $303,000 after acquiring an additional 258 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insiders Place Their Bets

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

Capital One Financial Stock Down 2.4 %

Capital One Financial stock opened at $162.79 on Friday. Capital One Financial Co. has a fifty-two week low of $99.37 and a fifty-two week high of $167.93. The firm 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. The stock’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.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating the consensus estimate of $3.70 by $0.81. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same period in the prior year, the business earned $4.45 earnings per share. The company’s quarterly revenue was up 6.8% on a year-over-year basis. Analysts predict that Capital One Financial Co. will post 12.87 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on COF. 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 research report on Monday, October 7th. Robert W. Baird boosted their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Bank of America upped their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Citigroup assumed coverage on shares of Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 target price on the stock. Finally, Evercore ISI increased their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday. Twelve investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial presently has an average rating of “Hold” and a consensus price target of $153.56.

Capital One Financial 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.