Capital One Financial Co. (NYSE:COF) Shares Purchased by Graypoint LLC

Graypoint LLC boosted its stake in Capital One Financial Co. (NYSE:COF) by 7.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,124 shares of the financial services provider’s stock after acquiring an additional 434 shares during the period. Graypoint LLC’s holdings in Capital One Financial were worth $1,092,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Y.D. More Investments Ltd acquired a new stake in shares of Capital One Financial during the second quarter worth $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Capital One Financial during the third quarter worth $36,000. Creative Financial Designs Inc. ADV raised its holdings in shares of Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 166 shares during the period. Eastern Bank acquired a new stake in shares of Capital One Financial during the third quarter worth $44,000. Finally, Prospera Private Wealth LLC acquired a new stake in shares of Capital One Financial during the third quarter worth $47,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

NYSE:COF opened at $175.08 on Friday. Capital One Financial Co. has a twelve month low of $123.23 and a twelve month high of $198.30. 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 company has a 50-day moving average of $182.88 and a 200-day moving average of $158.57. The firm has a market cap of $66.75 billion, a price-to-earnings ratio of 16.53, a price-to-earnings-growth ratio of 1.36 and a beta of 1.46.

Capital One Financial (NYSE:COF) last posted 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. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same quarter last year, the firm posted $4.45 EPS. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. Analysts forecast that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company 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. This represents a $2.40 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio is presently 22.66%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on COF. Evercore ISI increased their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Keefe, Bruyette & Woods upped their price target 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, December 9th. The Goldman Sachs Group upped their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Robert W. Baird upped their price target 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. Finally, Bank of America lowered shares of Capital One Financial from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $203.00 to $200.00 in a research report on Monday, December 9th. Nine analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $182.88.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the sale, the insider now directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is currently owned by corporate insiders.

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.