Capital One Financial Co. (NYSE:COF) Shares Acquired by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC grew its position in shares of Capital One Financial Co. (NYSE:COF) by 0.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 28,927 shares of the financial services provider’s stock after buying an additional 56 shares during the period. Hohimer Wealth Management LLC’s holdings in Capital One Financial were worth $4,331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Soltis Investment Advisors LLC increased its holdings in Capital One Financial by 6.0% in the third quarter. Soltis Investment Advisors LLC now owns 4,324 shares of the financial services provider’s stock valued at $647,000 after buying an additional 245 shares in the last quarter. Toronto Dominion Bank boosted its stake in shares of Capital One Financial by 30.8% during the 3rd quarter. Toronto Dominion Bank now owns 161,827 shares of the financial services provider’s stock worth $24,230,000 after acquiring an additional 38,137 shares in the last quarter. Neo Ivy Capital Management acquired a new stake in shares of Capital One Financial during the 3rd quarter valued at about $242,000. Coldstream Capital Management Inc. increased its stake in shares of Capital One Financial by 15.6% in the 3rd quarter. Coldstream Capital Management Inc. now owns 7,242 shares of the financial services provider’s stock valued at $1,116,000 after purchasing an additional 979 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Capital One Financial by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider’s stock worth $1,198,664,000 after purchasing an additional 159,616 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

COF has been the topic of several research analyst reports. Robert W. Baird raised their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Keefe, Bruyette & Woods lifted their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday. Evercore ISI upped 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 research report on Wednesday, October 30th. Bank of America downgraded Capital One Financial from a “buy” rating to a “neutral” rating and decreased their target price for the company from $203.00 to $200.00 in a research report on Monday. Finally, 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 report on Friday, October 25th. Twelve investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $168.47.

Insider Buying and Selling

In related news, insider Kara West sold 721 shares of the company’s stock in a transaction that occurred 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 transaction, the insider now owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 value of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,007 shares of company stock valued at $4,982,647 over the last quarter. Company insiders own 1.30% of the company’s stock.

Capital One Financial Price Performance

Capital One Financial stock opened at $183.87 on Wednesday. Capital One Financial Co. has a 12-month low of $117.13 and a 12-month high of $198.30. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The stock has a market cap of $70.15 billion, a P/E ratio of 17.36, a price-to-earnings-growth ratio of 1.37 and a beta of 1.45. The company has a fifty day simple moving average of $171.11 and a 200-day simple moving average of $151.48.

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 8.80% and a return on equity of 9.00%. The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same quarter in the prior year, the firm earned $4.45 EPS. Capital One Financial’s revenue for the quarter was up 6.8% on a year-over-year basis. Equities analysts expect that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s payout ratio is 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.