Integrated Investment Consultants LLC Grows Stock Holdings in Capital One Financial Co. (NYSE:COF)

Integrated Investment Consultants LLC lifted its position in shares of Capital One Financial Co. (NYSE:COF) by 49.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,072 shares of the financial services provider’s stock after acquiring an additional 1,669 shares during the period. Integrated Investment Consultants LLC’s holdings in Capital One Financial were worth $759,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. LRI Investments LLC purchased a new position in Capital One Financial in the 1st quarter worth approximately $25,000. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial in the 2nd quarter worth $28,000. Hobbs Group Advisors LLC purchased a new stake in shares of Capital One Financial in the 2nd quarter worth $29,000. Unique Wealth Strategies LLC bought a new position in Capital One Financial in the 2nd quarter worth $36,000. Finally, Catalyst Capital Advisors LLC bought a new position in Capital One Financial in the 3rd quarter worth $36,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

COF has been the subject of several recent analyst reports. Citigroup initiated coverage on shares of Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 target price for the company. The Goldman Sachs Group increased their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday. Evercore ISI raised their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research note on Monday, October 7th. Finally, Robert W. Baird raised 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. Eleven 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, Capital One Financial currently has a consensus rating of “Hold” and an average price target of $160.18.

Capital One Financial Stock Up 1.1 %

Shares of NYSE:COF opened at $182.75 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 fifty day simple moving average of $161.19 and a 200 day simple moving average of $147.44. The firm has a market cap of $69.72 billion, a PE ratio of 17.26, a price-to-earnings-growth ratio of 1.32 and a beta of 1.43. Capital One Financial Co. has a 12-month low of $105.39 and a 12-month high of $198.30.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.70 by $0.81. The company had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.45 earnings per share. On average, equities research analysts anticipate that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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 paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.31%. The ex-dividend date is Thursday, November 14th. Capital One Financial’s dividend payout ratio is currently 22.66%.

Insider Buying and Selling

In other news, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is owned by company insiders.

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.