Baker Tilly Wealth Management LLC Has $647,000 Stock Position in Capital One Financial Co. (NYSE:COF)

Baker Tilly Wealth Management LLC lifted its stake in shares of Capital One Financial Co. (NYSE:COF) by 42.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,324 shares of the financial services provider’s stock after purchasing an additional 1,289 shares during the quarter. Baker Tilly Wealth Management LLC’s holdings in Capital One Financial were worth $647,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in Capital One Financial by 21.4% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock valued at $4,093,000 after buying an additional 4,840 shares in the last quarter. Twin Tree Management LP boosted its stake in shares of Capital One Financial by 5.6% during the first quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock valued at $10,200,000 after purchasing an additional 3,609 shares in the last quarter. Clear Harbor Asset Management LLC acquired a new stake in shares of Capital One Financial during the second quarter valued at about $511,000. QRG Capital Management Inc. boosted its stake in shares of Capital One Financial by 3.2% during the second quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider’s stock valued at $16,927,000 after purchasing an additional 3,776 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of Capital One Financial by 20.4% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 15,817 shares of the financial services provider’s stock valued at $2,355,000 after purchasing an additional 2,675 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Trading Up 0.8 %

Shares of Capital One Financial stock opened at $162.50 on Monday. 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 Co. has a 52 week low of $98.42 and a 52 week high of $167.93. The stock has a 50 day moving average price of $147.82 and a two-hundred day moving average price of $142.89. The stock has a market capitalization of $61.78 billion, a PE ratio of 12.63, a price-to-earnings-growth ratio of 1.22 and a beta of 1.44.

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 the consensus estimate of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. Capital One Financial’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.45 earnings per share. As a group, equities analysts anticipate that Capital One Financial Co. will post 12.87 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were given a $0.60 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 annualized dividend and a yield of 1.48%. Capital One Financial’s dividend payout ratio is currently 18.79%.

Insiders Place Their Bets

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the business’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. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the business’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. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction 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 owns 40,934 shares in the company, valued at approximately $5,438,491.24. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on COF. JPMorgan Chase & Co. raised their price objective 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. 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 research report on Friday. Evercore ISI lowered their price objective on Capital One Financial from $166.00 to $163.00 and set an “in-line” rating for the company in a research report on Monday, October 7th. Citigroup began coverage on Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price objective for the company. Finally, Barclays raised their price objective on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Twelve analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $152.39.

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.