Blackhawk Capital Partners LLC. acquired a new position in Capital One Financial Co. (NYSE:COF) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 1,540 shares of the financial services provider’s stock, valued at approximately $231,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LRI Investments LLC purchased a new position in shares of Capital One Financial in the first quarter worth $25,000. Y.D. More Investments Ltd bought a new position in shares of Capital One Financial during the 2nd quarter valued at approximately $28,000. Hobbs Group Advisors LLC purchased a new position in shares of Capital One Financial in the second quarter valued at $29,000. Unique Wealth Strategies LLC bought a new stake in Capital One Financial in the second quarter worth $36,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in Capital One Financial during the third quarter valued at $36,000. Institutional investors own 89.84% of the company’s stock.
Insider Activity
In related news, insider Kara West sold 721 shares of Capital One Financial stock in a transaction that occurred 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 transaction, the insider now owns 12,929 shares in the company, valued at approximately $2,388,374.17. This trade represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Michael Zamsky sold 10,541 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the transaction, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. The trade was a 28.47 % 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 three months. 1.30% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
Get Our Latest Stock Report on COF
Capital One Financial Trading Down 0.2 %
Shares of NYSE:COF opened at $180.69 on Thursday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 52-week low of $105.39 and a 52-week high of $198.30. The stock has a market cap of $68.94 billion, a price-to-earnings ratio of 17.06, a PEG ratio of 1.32 and a beta of 1.43. The business has a 50-day moving average price of $160.29 and a 200-day moving average price of $147.19.
Capital One Financial (NYSE:COF – Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business posted $4.45 EPS. Equities analysts predict that Capital One Financial Co. will post 13.54 EPS for the current year.
Capital One Financial Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is 22.66%.
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.
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