Creative Planning Has $7.86 Million Position in Capital One Financial Co. (NYSE:COF)

Creative Planning boosted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 7.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 52,492 shares of the financial services provider’s stock after acquiring an additional 3,507 shares during the period. Creative Planning’s holdings in Capital One Financial were worth $7,860,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in COF. LRI Investments LLC bought a new stake in Capital One Financial in the first quarter valued at about $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial in the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at approximately $29,000. Unique Wealth Strategies LLC bought a new position in Capital One Financial during the 2nd quarter worth approximately $36,000. Finally, Versant Capital Management Inc grew its holdings in Capital One Financial by 391.5% during 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.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on COF shares. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday, October 7th. Citigroup began coverage on Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 target price on the stock. 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. Evercore ISI cut their price objective on Capital One Financial from $166.00 to $163.00 and set an “in-line” rating on the stock in a report on Monday, October 7th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $150.00 target price on shares of Capital One Financial in a research note on Thursday, July 25th. Twelve research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Capital One Financial presently has an average rating of “Hold” and a consensus price target of $151.56.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the sale, the insider now owns 44,711 shares in the company, valued at $7,153,760. This trade 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 through this link. In other news, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the sale, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the sale, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

Capital One Financial Trading Down 1.1 %

Shares of NYSE:COF opened at $154.23 on Thursday. The stock has a market capitalization of $58.64 billion, a PE ratio of 12.08, a price-to-earnings-growth ratio of 1.22 and a beta of 1.44. The company’s 50-day moving average price is $147.07 and its two-hundred day moving average price is $142.68. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. 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 quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.14). The company had revenue of $9.51 billion for 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% on a year-over-year basis. During the same period last year, the company posted $3.52 earnings per share. On average, equities analysts forecast that Capital One Financial Co. will post 12.87 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial’s payout ratio is presently 18.79%.

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.