Toronto Dominion Bank Has $24.23 Million Stake in Capital One Financial Co. (NYSE:COF)

Toronto Dominion Bank boosted its position in shares of Capital One Financial Co. (NYSE:COF) by 30.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 161,827 shares of the financial services provider’s stock after purchasing an additional 38,137 shares during the period. Toronto Dominion Bank’s holdings in Capital One Financial were worth $24,230,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Y.D. More Investments Ltd acquired a new position in shares of Capital One Financial during the 2nd quarter worth about $28,000. Hobbs Group Advisors LLC bought a new stake in Capital One Financial during the second quarter worth about $29,000. Unique Wealth Strategies LLC acquired a new position in Capital One Financial during the second quarter valued at approximately $36,000. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial during the 3rd quarter worth approximately $36,000. Finally, Accordant Advisory Group Inc acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at approximately $42,000. 89.84% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Kara West sold 721 shares of the business’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the sale, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. This trade represents a 28.47 % 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 worth $4,982,647 over the last ninety days. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Stock Down 0.7 %

Shares of COF opened at $184.68 on Friday. 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 capitalization of $70.46 billion, a PE ratio of 17.44, a P/E/G ratio of 1.37 and a beta of 1.45. The firm’s 50 day moving average is $172.65 and its 200-day moving average is $152.04. Capital One Financial Co. has a 12 month low of $120.07 and a 12 month high of $198.30.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share 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 analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.45 EPS. Equities research analysts forecast that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.30%. Capital One Financial’s dividend payout ratio is 22.66%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Robert W. Baird raised their target price 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. Citigroup assumed coverage on Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. The Goldman Sachs Group boosted their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Keefe, Bruyette & Woods lifted their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Barclays increased 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 report on Tuesday, October 8th. Twelve research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $168.47.

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.