D.A. Davidson & CO. Grows Position in Capital One Financial Co. (NYSE:COF)

D.A. Davidson & CO. grew its position in shares of Capital One Financial Co. (NYSE:COF) by 0.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,337 shares of the financial services provider’s stock after acquiring an additional 249 shares during the quarter. D.A. Davidson & CO.’s holdings in Capital One Financial were worth $8,585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. FMR LLC grew its position in Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after purchasing an additional 1,169,395 shares in the last quarter. Dai ichi Life Insurance Company Ltd boosted its stake in shares of Capital One Financial by 36.8% in the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock worth $1,671,000 after buying an additional 3,000 shares during the last quarter. DRW Securities LLC grew its holdings in shares of Capital One Financial by 207.5% in the third quarter. DRW Securities LLC now owns 9,606 shares of the financial services provider’s stock valued at $1,438,000 after acquiring an additional 6,482 shares in the last quarter. Harvest Fund Management Co. Ltd increased its position in shares of Capital One Financial by 156.3% during the third quarter. Harvest Fund Management Co. Ltd now owns 3,519 shares of the financial services provider’s stock valued at $527,000 after acquiring an additional 2,146 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Capital One Financial during the third quarter worth $432,000. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Kara West sold 721 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider now owns 12,929 shares of the company’s stock, valued at $2,388,374.17. The trade was a 5.28 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction on 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 owns 26,482 shares in the company, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock valued at $4,982,647 in the last 90 days. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Price Performance

COF stock opened at $191.50 on Wednesday. The firm has a 50 day moving average of $164.10 and a 200-day moving average of $148.50. The firm has a market capitalization of $73.06 billion, a P/E ratio of 18.08, a price-to-earnings-growth ratio of 1.36 and a beta of 1.43. Capital One Financial Co. has a 12 month low of $105.43 and a 12 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.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results 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 firm had revenue of $10 billion during the quarter, compared to the consensus estimate 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 last year, the firm earned $4.45 EPS. 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 Announces Dividend

The firm also recently announced 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 is currently 22.66%.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Robert W. Baird upped their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Royal Bank of Canada raised their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th. JPMorgan Chase & Co. upped their price objective on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research note on Monday, October 7th. Barclays increased their price objective on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Finally, Evercore ISI boosted their target price on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $160.18.

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.