Avestar Capital LLC Acquires 124 Shares of Capital One Financial Co. (NYSE:COF)

Avestar Capital LLC grew its holdings in Capital One Financial Co. (NYSE:COF) by 1.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 7,395 shares of the financial services provider’s stock after purchasing an additional 124 shares during the period. Avestar Capital LLC’s holdings in Capital One Financial were worth $1,107,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. FMR LLC grew its position in Capital One Financial by 21.4% in the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after acquiring an additional 1,169,395 shares during the last quarter. Eminence Capital LP bought a new stake in shares of Capital One Financial during the 2nd quarter valued at approximately $127,465,000. International Assets Investment Management LLC increased its position in Capital One Financial by 123.4% during the 2nd quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider’s stock worth $107,016,000 after purchasing an additional 427,000 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Capital One Financial by 1,518.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 412,355 shares of the financial services provider’s stock valued at $61,742,000 after purchasing an additional 386,870 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in Capital One Financial by 501.4% in the second quarter. SG Americas Securities LLC now owns 332,700 shares of the financial services provider’s stock valued at $46,062,000 after buying an additional 277,377 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on COF shares. The Goldman Sachs Group lifted their price target on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Barclays boosted their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. Robert W. Baird lifted their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Citigroup started coverage on Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price target for the company. Finally, JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. Eleven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and a consensus target price of $160.18.

Insider Activity

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the sale, the insider now directly owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares in the company, valued at $7,153,760. This represents a 26.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock worth $4,982,647 over the last quarter. 1.30% of the stock is currently owned by corporate insiders.

Capital One Financial Stock Down 0.2 %

Shares of NYSE COF opened at $191.50 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The firm has a market cap of $73.06 billion, a PE ratio of 18.08, a P/E/G ratio of 1.36 and a beta of 1.43. The company’s fifty day simple moving average is $164.10 and its 200 day simple moving average is $148.50. Capital One Financial Co. has a 12-month low of $105.43 and a 12-month high of $198.30.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter in the prior year, the firm earned $4.45 EPS. The business’s revenue was up 6.8% on a year-over-year basis. As a group, sell-side 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 $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.25%. Capital One Financial’s dividend payout ratio (DPR) is presently 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.