Capital One Financial Co. (NYSE:COF) Shares Sold by Seizert Capital Partners LLC

Seizert Capital Partners LLC reduced its stake in shares of Capital One Financial Co. (NYSE:COF) by 13.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 236,212 shares of the financial services provider’s stock after selling 36,412 shares during the period. Capital One Financial makes up approximately 1.6% of Seizert Capital Partners LLC’s investment portfolio, making the stock its 27th biggest holding. Seizert Capital Partners LLC owned 0.06% of Capital One Financial worth $35,368,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Natixis Advisors LLC lifted its position in Capital One Financial by 7.5% during the 3rd quarter. Natixis Advisors LLC now owns 156,592 shares of the financial services provider’s stock worth $23,447,000 after acquiring an additional 10,919 shares during the period. Empowered Funds LLC raised its stake in shares of Capital One Financial by 5.5% in the third quarter. Empowered Funds LLC now owns 9,197 shares of the financial services provider’s stock worth $1,377,000 after purchasing an additional 477 shares during the last quarter. Empirical Finance LLC lifted its holdings in shares of Capital One Financial by 2.0% during the third quarter. Empirical Finance LLC now owns 13,523 shares of the financial services provider’s stock worth $2,025,000 after purchasing an additional 259 shares during the period. Vectors Research Management LLC boosted its position in Capital One Financial by 0.8% in the third quarter. Vectors Research Management LLC now owns 11,110 shares of the financial services provider’s stock valued at $1,658,000 after buying an additional 93 shares during the last quarter. Finally, CIBC Asset Management Inc increased its holdings in Capital One Financial by 8.3% in the 3rd quarter. CIBC Asset Management Inc now owns 55,654 shares of the financial services provider’s stock worth $8,333,000 after buying an additional 4,250 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Trading Up 1.2 %

Shares of COF stock opened at $185.14 on Friday. The stock has a 50 day simple moving average of $157.74 and a 200-day simple moving average of $146.36. Capital One Financial Co. has a 1-year low of $104.21 and a 1-year high of $198.30. The company has a market cap of $70.63 billion, a price-to-earnings ratio of 17.48, a PEG ratio of 1.38 and a beta of 1.43. 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 quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share 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 company 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 business posted $4.45 earnings per share. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. On average, equities research analysts expect that Capital One Financial Co. will post 13.46 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared 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 yield of 1.30%. The ex-dividend date is Thursday, November 14th. Capital One Financial’s dividend payout ratio is presently 22.66%.

Analysts Set New Price Targets

Several brokerages have commented on COF. Robert W. Baird lifted their price objective 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. 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. Bank of America upped their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Evercore ISI lifted their price objective on 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. Finally, Citigroup started coverage on Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 target price on the stock. 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, the stock presently has an average rating of “Hold” and an average target price of $156.35.

Insider Buying and Selling

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the transaction, the insider now directly owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction 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 sale, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. This trade represents a 26.05 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 29,007 shares of company stock worth $4,982,647. Insiders own 1.30% of the company’s stock.

Capital One Financial Company 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.