Capital One Financial Co. (NYSE:COF) Shares Bought by Aviance Capital Partners LLC

Aviance Capital Partners LLC increased its position in Capital One Financial Co. (NYSE:COF) by 13.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,788 shares of the financial services provider’s stock after buying an additional 1,772 shares during the quarter. Aviance Capital Partners LLC’s holdings in Capital One Financial were worth $2,214,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. LRI Investments LLC bought a new position in shares of Capital One Financial during the 1st quarter valued at about $25,000. Y.D. More Investments Ltd acquired a new position in Capital One Financial in the second quarter worth approximately $28,000. Hobbs Group Advisors LLC acquired a new position in Capital One Financial in the second quarter worth approximately $29,000. Unique Wealth Strategies LLC bought a new position in shares of Capital One Financial in the second quarter valued at $36,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in shares of Capital One Financial during the 3rd quarter valued at $36,000. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other news, 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 value 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Kara West sold 721 shares of the company’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the transaction, the insider now owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,007 shares of company stock valued at $4,982,647 in the last 90 days. 1.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on COF shares. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday, October 7th. Evercore ISI boosted their price objective on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Barclays raised their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Citigroup started coverage on shares of Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price target on the stock. Finally, Robert W. Baird raised their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $156.35.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $182.86 on Tuesday. The stock has a market capitalization of $69.76 billion, a P/E ratio of 17.27, a P/E/G ratio of 1.37 and a beta of 1.43. The business has a 50-day moving average of $158.54 and a two-hundred day moving average of $146.68. Capital One Financial Co. has a fifty-two week low of $105.39 and a fifty-two week 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.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating 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 net margin of 8.80% and a return on equity of 9.00%. Capital One Financial’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the business posted $4.45 EPS. On average, equities research analysts predict that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be given a dividend of $0.60 per share. The ex-dividend date is Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.31%. Capital One Financial’s dividend payout ratio is presently 22.66%.

About Capital One Financial

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.