Capital One Financial Co. (NYSE:COF) Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its position in Capital One Financial Co. (NYSE:COF) by 0.9% in the 3rd quarter, Holdings Channel reports. The firm owned 88,415 shares of the financial services provider’s stock after acquiring an additional 764 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Capital One Financial were worth $13,239,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LRI Investments LLC acquired a new stake in shares of Capital One Financial in the first quarter valued at about $25,000. Y.D. More Investments Ltd acquired a new stake in Capital One Financial in the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC purchased a new position in Capital One Financial in the 2nd quarter worth approximately $29,000. Unique Wealth Strategies LLC acquired a new position in shares of Capital One Financial during the 2nd quarter worth approximately $36,000. Finally, Versant Capital Management Inc grew its position in shares of Capital One Financial by 391.5% in the second quarter. Versant Capital Management Inc now owns 290 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 231 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling

In other news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction dated 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 completion of the transaction, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.30% of the stock is currently owned by insiders.

Capital One Financial Stock Performance

NYSE COF opened at $190.89 on Thursday. The company has a market cap of $72.83 billion, a P/E ratio of 18.03, a P/E/G ratio of 1.24 and a beta of 1.43. Capital One Financial Co. has a 1-year low of $102.63 and a 1-year high of $198.30. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a 50-day moving average of $151.92 and a two-hundred day moving average of $144.43.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping 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 firm had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. During the same period in the prior year, the firm earned $4.45 EPS. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. As a group, analysts anticipate that Capital One Financial Co. will post 13.17 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 $0.60 dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.26%. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. 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 report on Monday, October 7th. Robert W. Baird boosted their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research report 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 research report on Friday, October 25th. Bank of America lifted their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Finally, Evercore ISI raised their price target 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. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Capital One Financial has an average rating of “Hold” and an average price target of $156.35.

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.