Capital One Financial Co. (NYSE:COF) Shares Sold by AdvisorNet Financial Inc

AdvisorNet Financial Inc decreased its position in shares of Capital One Financial Co. (NYSE:COF) by 10.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 13,808 shares of the financial services provider’s stock after selling 1,632 shares during the quarter. AdvisorNet Financial Inc’s holdings in Capital One Financial were worth $2,462,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in COF. Private Advisor Group LLC grew its holdings in Capital One Financial by 10.0% in the second quarter. Private Advisor Group LLC now owns 7,793 shares of the financial services provider’s stock valued at $1,079,000 after purchasing an additional 709 shares during the period. DekaBank Deutsche Girozentrale grew its stake in shares of Capital One Financial by 8.9% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 91,521 shares of the financial services provider’s stock valued at $12,262,000 after buying an additional 7,464 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Capital One Financial by 2.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 555,597 shares of the financial services provider’s stock worth $76,922,000 after buying an additional 11,960 shares during the last quarter. Brown Brothers Harriman & Co. raised its position in shares of Capital One Financial by 25.4% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 9,383 shares of the financial services provider’s stock worth $1,299,000 after buying an additional 1,903 shares during the period. Finally, Angeles Investment Advisors LLC boosted its holdings in Capital One Financial by 2.3% in the second quarter. Angeles Investment Advisors LLC now owns 4,311 shares of the financial services provider’s stock valued at $597,000 after acquiring an additional 98 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insiders Place Their Bets

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the transaction, the insider now owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Kara West sold 721 shares of the business’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now directly 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 disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock valued at $4,982,647 in the last ninety days. Corporate insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on COF shares. Royal Bank of Canada upped 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. Robert W. Baird increased their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Citigroup started coverage on shares of Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price target on the stock. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $168.00 to $235.00 in a research report on Monday. Finally, Barclays upgraded shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $158.00 to $219.00 in a report on Monday, January 6th. Eight research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $188.81.

Capital One Financial Trading Up 2.9 %

NYSE:COF opened at $180.39 on Tuesday. Capital One Financial Co. has a one year low of $123.23 and a one year high of $198.30. The business’s 50-day simple moving average is $183.26 and its 200 day simple moving average is $159.21. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market cap of $68.77 billion, a price-to-earnings ratio of 17.03, a price-to-earnings-growth ratio of 1.36 and a beta of 1.46.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company 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 company posted $4.45 EPS. Capital One Financial’s quarterly revenue was up 6.8% on a year-over-year basis. As a group, sell-side analysts predict that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.33%. Capital One Financial’s dividend payout ratio (DPR) 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.