Bleakley Financial Group LLC Has $1.11 Million Stake in Capital One Financial Co. (NYSE:COF)

Bleakley Financial Group LLC trimmed its holdings in Capital One Financial Co. (NYSE:COF) by 2.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,422 shares of the financial services provider’s stock after selling 156 shares during the period. Bleakley Financial Group LLC’s holdings in Capital One Financial were worth $1,111,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. LRI Investments LLC bought a new position in Capital One Financial during the 1st quarter worth $25,000. Y.D. More Investments Ltd bought a new position in shares of Capital One Financial in the 2nd quarter valued at $28,000. Hobbs Group Advisors LLC bought a new position in shares of Capital One Financial in the 2nd quarter valued at $29,000. Unique Wealth Strategies LLC acquired a new stake in Capital One Financial in the second quarter valued at $36,000. Finally, Versant Capital Management Inc increased its holdings in Capital One Financial by 391.5% in the second quarter. Versant Capital Management Inc now owns 290 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 231 shares during the period. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on COF. Royal Bank of Canada reiterated a “sector perform” rating and set a $150.00 price target on shares of Capital One Financial in a report on Thursday, July 25th. Barclays increased their price target on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Citigroup began coverage on Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price target for the company. Bank of America increased their price objective 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. Finally, JPMorgan Chase & Co. raised their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research report on Monday, October 7th. Twelve investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $151.56.

Insider Buying and Selling

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

Capital One Financial Trading Down 0.5 %

Shares of NYSE COF opened at $159.03 on Monday. The firm’s 50 day moving average price is $145.76 and its 200-day moving average price is $142.41. The company has a market cap of $60.46 billion, a PE ratio of 12.45, a P/E/G ratio of 1.22 and a beta of 1.44. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $160.45. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00.

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

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.51%. The ex-dividend date was Monday, August 12th. Capital One Financial’s dividend payout ratio is currently 18.79%.

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.