Harbour Investments Inc. Boosts Stock Position in Capital One Financial Co. (NYSE:COF)

Harbour Investments Inc. raised its holdings in Capital One Financial Co. (NYSE:COF) by 0.7% during the third quarter, Holdings Channel reports. The institutional investor owned 9,579 shares of the financial services provider’s stock after buying an additional 71 shares during the period. Harbour Investments Inc.’s holdings in Capital One Financial were worth $1,434,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. LRI Investments LLC purchased a new stake in Capital One Financial during the first quarter worth approximately $25,000. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial during the 2nd quarter worth approximately $28,000. Hobbs Group Advisors LLC acquired a new position in shares of Capital One Financial in the 2nd quarter valued at $29,000. Unique Wealth Strategies LLC purchased a new position in shares of Capital One Financial in the 2nd quarter valued at $36,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial during the 3rd quarter worth $36,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Capital One Financial

In related news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction on Thursday, October 17th. The stock was 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 directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Capital One Financial 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 owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction of $323,765.78. Following the completion of the sale, the insider now owns 19,776 shares in the company, valued at $3,211,029.12. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 18,466 shares of company stock valued at $2,977,116 in the last quarter. 1.30% of the stock is currently owned by corporate insiders.

Capital One Financial Stock Down 0.7 %

Capital One Financial stock opened at $185.46 on Thursday. The stock’s 50 day moving average price is $155.16 and its 200 day moving average price is $145.53. The company has a market cap of $70.75 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 1.39 and a beta of 1.43. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Co. has a 1-year low of $104.21 and a 1-year high of $198.30.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same period in the prior year, the company posted $4.45 EPS. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. On average, sell-side analysts predict that Capital One Financial Co. will post 13.46 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be given a dividend of $0.60 per share. The ex-dividend date is Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.29%. Capital One Financial’s payout ratio is 22.66%.

Analyst Ratings Changes

COF has been the topic of several research reports. Robert W. Baird raised their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. JPMorgan Chase & Co. lifted their price target on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research report on Monday, October 7th. Citigroup started coverage on Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. Bank of America lifted their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Finally, Royal Bank of Canada increased their price target on shares of 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. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $156.35.

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.