MML Investors Services LLC Acquires 659 Shares of Capital One Financial Co. (NYSE:COF)

MML Investors Services LLC boosted its holdings in Capital One Financial Co. (NYSE:COF) by 2.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,628 shares of the financial services provider’s stock after purchasing an additional 659 shares during the period. MML Investors Services LLC’s holdings in Capital One Financial were worth $4,885,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of COF. State Street Corp boosted its holdings in shares of Capital One Financial by 0.5% in the 3rd quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock worth $2,471,572,000 after buying an additional 74,784 shares during the last quarter. Fisher Asset Management LLC raised its position in Capital One Financial by 0.7% in the third quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock worth $1,451,527,000 after acquiring an additional 72,097 shares during the period. FMR LLC boosted its stake 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. Clearbridge Investments LLC grew its position in shares of Capital One Financial by 5.5% during the 2nd quarter. Clearbridge Investments LLC now owns 3,663,439 shares of the financial services provider’s stock valued at $507,203,000 after acquiring an additional 189,843 shares during the period. Finally, Legal & General Group Plc increased its stake in shares of Capital One Financial by 2.5% during the 2nd quarter. Legal & General Group Plc now owns 3,331,196 shares of the financial services provider’s stock worth $461,204,000 after purchasing an additional 79,908 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on COF shares. 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. Keefe, Bruyette & Woods upped their price target on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Bank of America downgraded Capital One Financial from a “buy” rating to a “neutral” rating and cut their price target for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. 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 objective on the stock. Finally, Royal Bank of Canada increased their target price 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. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $171.50.

Capital One Financial Trading Down 0.2 %

Capital One Financial stock opened at $184.44 on Friday. The stock has a market cap of $70.37 billion, a P/E ratio of 17.42, a PEG ratio of 1.36 and a beta of 1.45. Capital One Financial Co. has a fifty-two week low of $123.23 and a fifty-two week high of $198.30. The firm’s fifty day moving average price is $174.06 and its 200-day moving average price is $152.60. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00.

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 analysts’ consensus estimates of $3.70 by $0.81. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company earned $4.45 EPS. Equities research analysts forecast that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.30%. Capital One Financial’s payout ratio is presently 22.66%.

Insiders Place Their Bets

In related news, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were 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 directly owns 26,482 shares in the company, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kara West sold 721 shares of the firm’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the sale, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. The trade was a 5.28 % decrease in their position. 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 quarter. Corporate insiders own 1.30% of the company’s stock.

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.