600 Shares in Capital One Financial Co. (NYSE:COF) Purchased by nVerses Capital LLC

nVerses Capital LLC purchased a new position in Capital One Financial Co. (NYSE:COF) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 600 shares of the financial services provider’s stock, valued at approximately $90,000.

A number of other institutional investors have also recently bought and sold shares of COF. Culbertson A N & Co. Inc. grew its stake in Capital One Financial by 7.1% during the 3rd quarter. Culbertson A N & Co. Inc. now owns 11,460 shares of the financial services provider’s stock valued at $1,716,000 after acquiring an additional 760 shares in the last quarter. Vontobel Holding Ltd. grew its stake in Capital One Financial by 3.6% during the 3rd quarter. Vontobel Holding Ltd. now owns 16,299 shares of the financial services provider’s stock valued at $2,440,000 after acquiring an additional 562 shares in the last quarter. Jamison Private Wealth Management Inc. purchased a new position in Capital One Financial during the 3rd quarter valued at about $63,000. Opal Wealth Advisors LLC grew its stake in Capital One Financial by 11.8% during the 3rd quarter. Opal Wealth Advisors LLC now owns 1,964 shares of the financial services provider’s stock valued at $294,000 after acquiring an additional 207 shares in the last quarter. Finally, Regatta Capital Group LLC grew its stake in Capital One Financial by 3.4% during the 3rd quarter. Regatta Capital Group LLC now owns 8,336 shares of the financial services provider’s stock valued at $1,248,000 after acquiring an additional 274 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $159.03 on Monday. The business has a fifty day simple moving average of $145.76 and a 200 day simple moving average of $142.41. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $60.46 billion, a price-to-earnings ratio of 12.45, a PEG ratio of 1.22 and a beta of 1.44. Capital One Financial Co. has a one year low of $88.23 and a one year high of $160.45.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The firm had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.52 earnings per share. Sell-side analysts expect that Capital One Financial Co. will post 12.87 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

Analysts Set New Price Targets

COF has been the topic of several research analyst reports. Bank of America lifted their target price on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. 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 research note on Monday, October 7th. Barclays boosted their price target on 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 reissued a “sector perform” rating and issued a $150.00 price target on shares of Capital One Financial in a research note on Thursday, July 25th. Finally, Evercore ISI lowered their price target on Capital One Financial from $166.00 to $163.00 and set an “in-line” rating for the company in a research note on Monday, October 7th. Twelve analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Capital One Financial currently has an average rating of “Hold” and an average price target of $151.56.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the sale, the chief executive officer now directly owns 40,934 shares in the company, valued at $5,438,491.24. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 1.30% of the company’s stock.

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.