Aptus Capital Advisors LLC Increases Stock Position in Capital One Financial Co. (NYSE:COF)

Aptus Capital Advisors LLC lifted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 13.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,426 shares of the financial services provider’s stock after purchasing an additional 658 shares during the period. Aptus Capital Advisors LLC’s holdings in Capital One Financial were worth $812,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of COF. Prossimo Advisors LLC lifted its stake in shares of Capital One Financial by 2.4% in the third quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock worth $410,000 after acquiring an additional 65 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in Capital One Financial by 3.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after purchasing an additional 66 shares during the last quarter. Harbour Investments Inc. raised its position in shares of Capital One Financial by 0.7% in the 3rd quarter. Harbour Investments Inc. now owns 9,579 shares of the financial services provider’s stock valued at $1,434,000 after purchasing an additional 71 shares in the last quarter. Arvest Investments Inc. boosted its stake in shares of Capital One Financial by 1.2% during the 3rd quarter. Arvest Investments Inc. now owns 6,513 shares of the financial services provider’s stock valued at $975,000 after buying an additional 75 shares during the last quarter. Finally, Bangor Savings Bank grew its position in shares of Capital One Financial by 20.8% during the third quarter. Bangor Savings Bank now owns 448 shares of the financial services provider’s stock worth $67,000 after buying an additional 77 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on COF shares. Barclays increased 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 research note on Tuesday, October 8th. Royal Bank of Canada lifted their price target on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Citigroup assumed coverage on Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. Robert W. Baird lifted their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. boosted their price target on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a report on Monday, October 7th. Eleven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $156.35.

Insider Transactions at Capital One Financial

In other Capital One Financial news, 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 value of $2,005,530.66. Following the completion of the sale, the insider now directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction that occurred on Thursday, October 17th. The stock was 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 directly owns 44,711 shares in the company, valued at $7,153,760. This represents a 26.05 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 29,007 shares of company stock valued at $4,982,647. Company insiders own 1.30% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF stock opened at $183.00 on Friday. Capital One Financial Co. has a 12-month low of $104.21 and a 12-month 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. The firm has a market capitalization of $69.82 billion, a price-to-earnings ratio of 17.28, a price-to-earnings-growth ratio of 1.39 and a beta of 1.43. The business has a 50 day simple moving average of $156.00 and a 200 day simple moving average of $145.81.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) 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 company had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter in the prior year, the business posted $4.45 earnings per share. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. On average, equities research analysts anticipate that Capital One Financial Co. will post 13.46 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders 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 dividend on an annualized basis and a dividend yield of 1.31%. Capital One Financial’s dividend payout ratio (DPR) 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.