Stock Yards Bank & Trust Co. Buys 83 Shares of Capital One Financial Co. (NYSE:COF)

Stock Yards Bank & Trust Co. raised its stake in Capital One Financial Co. (NYSE:COF) by 4.1% in the third quarter, Holdings Channel reports. The firm owned 2,130 shares of the financial services provider’s stock after acquiring an additional 83 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Capital One Financial were worth $319,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in COF. Y.D. More Investments Ltd bought a new position in shares of Capital One Financial in the second quarter valued at $28,000. Hobbs Group Advisors LLC bought a new position in shares of Capital One Financial in the 2nd quarter valued at about $29,000. Unique Wealth Strategies LLC acquired a new position in shares of Capital One Financial during the 2nd quarter worth about $36,000. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial in the 3rd quarter valued at about $36,000. Finally, Strategic Financial Concepts LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at about $42,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Citigroup assumed 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. Royal Bank of Canada raised their price target on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. Barclays upped their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Finally, Evercore ISI upped their price target on shares of 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 six have issued a buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial currently has an average rating of “Hold” and an average target price of $171.50.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Kara West sold 721 shares of the company’s stock in a transaction dated Thursday, November 7th. The stock was 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. This represents a 5.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction dated 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 sale, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is currently owned by insiders.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $184.44 on Friday. 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 market cap of $70.37 billion, a PE ratio of 17.42, a price-to-earnings-growth ratio of 1.36 and a beta of 1.45. The company has a 50 day moving average of $174.06 and a 200-day moving average of $152.60. Capital One Financial Co. has a 1-year low of $123.23 and a 1-year high of $198.30.

Capital One Financial (NYSE:COF) last released 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 return on equity of 9.00% and a net margin of 8.80%. The firm had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. During the same period in the prior year, the company earned $4.45 earnings per share. The company’s quarterly revenue was up 6.8% on a year-over-year basis. As a group, equities research 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 firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio 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.