Capital One Financial Co. (NYSE:COF) Stock Position Boosted by Empirical Finance LLC

Empirical Finance LLC grew its stake in shares of Capital One Financial Co. (NYSE:COF) by 2.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,523 shares of the financial services provider’s stock after buying an additional 259 shares during the quarter. Empirical Finance LLC’s holdings in Capital One Financial were worth $2,025,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. LRI Investments LLC bought a new stake in Capital One Financial during the first quarter worth approximately $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial in the 2nd quarter worth $28,000. Hobbs Group Advisors LLC purchased a new position in Capital One Financial in the 2nd quarter worth about $29,000. Unique Wealth Strategies LLC acquired a new stake in Capital One Financial during the 2nd quarter worth about $36,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial during the 3rd quarter worth about $36,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on COF. 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 report on Wednesday, July 24th. Barclays lifted their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Robert W. Baird boosted their target price on shares of 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 target price on 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. Finally, Evercore ISI upped their price target on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Eleven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $156.35.

Capital One Financial Stock Performance

COF stock opened at $185.12 on Friday. The firm has a 50 day moving average of $157.74 and a two-hundred day moving average of $146.34. Capital One Financial Co. has a 12 month low of $104.21 and a 12 month high of $198.30. The company has a market capitalization of $70.62 billion, a price-to-earnings ratio of 17.48, a P/E/G ratio of 1.38 and a beta of 1.43. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $9.88 billion. During the same period in the prior year, the company posted $4.45 earnings per share. Capital One Financial’s revenue for the quarter was up 6.8% on a year-over-year basis. As a group, equities analysts anticipate that Capital One Financial Co. will post 13.46 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date is Thursday, November 14th. Capital One Financial’s payout ratio is 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.