10,464 Capital One Financial Corporation $COF Shares Purchased by Krilogy Financial LLC

Krilogy Financial LLC raised its stake in shares of Capital One Financial Corporation (NYSE:COF) by 69.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 25,629 shares of the financial services provider’s stock after acquiring an additional 10,464 shares during the period. Krilogy Financial LLC’s holdings in Capital One Financial were worth $4,948,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in COF. Mechanics Bank Trust Department boosted its holdings in shares of Capital One Financial by 9.5% in the 3rd quarter. Mechanics Bank Trust Department now owns 1,195 shares of the financial services provider’s stock worth $231,000 after buying an additional 104 shares during the last quarter. Forvis Mazars Wealth Advisors LLC grew its stake in shares of Capital One Financial by 224.5% during the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 68,751 shares of the financial services provider’s stock worth $13,274,000 after acquiring an additional 47,562 shares during the period. Courier Capital LLC raised its stake in Capital One Financial by 64.3% in the 3rd quarter. Courier Capital LLC now owns 17,246 shares of the financial services provider’s stock valued at $3,330,000 after acquiring an additional 6,747 shares during the period. Fragasso Financial Advisors Inc raised its stake in Capital One Financial by 62.7% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 1,772 shares of the financial services provider’s stock valued at $353,000 after acquiring an additional 683 shares during the period. Finally, Fermata Advisors LLC bought a new position in Capital One Financial during the third quarter worth about $258,000. 89.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

COF has been the topic of a number of recent research reports. BMO Capital Markets initiated coverage on Capital One Financial in a report on Friday, October 9th. They set a “market perform” rating and a $219.00 price objective on the stock. Morgan Stanley lowered their target price on shares of Capital One Financial from $273.00 to $267.00 and set an “overweight” rating on the stock in a research note on Monday. Wall Street Zen downgraded shares of Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. UBS Group upped their price objective on Capital One Financial from $275.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Finally, JPMorgan Chase & Co. cut their price objective on shares of Capital One Financial from $246.00 to $227.00 and set an “overweight” rating for the company in a research note on Monday. Twenty equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $255.04.

Insider Buying and Selling at Capital One Financial

In other news, insider Michael Zamsky sold 5,473 shares of Capital One Financial stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $218.02, for a total value of $1,193,223.46. Following the completion of the sale, the insider directly owned 27,992 shares in the company, valued at $6,102,815.84. The trade was a 16.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Timothy P. Golden sold 3,487 shares of Capital One Financial stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total transaction of $735,757.00. Following the completion of the sale, the chief accounting officer directly owned 7,429 shares of the company’s stock, valued at approximately $1,567,519. This trade represents a 31.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 33,850 shares of company stock worth $7,167,152. 0.78% of the stock is owned by company insiders.

Capital One Financial Trading Down 1.6%

NYSE COF opened at $197.96 on Wednesday. The stock’s 50 day moving average is $209.35 and its 200 day moving average is $199.97. The firm has a market capitalization of $121.44 billion, a PE ratio of 12.25, a P/E/G ratio of 0.74 and a beta of 1.04. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The firm had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. During the same period last year, the business earned $5.48 earnings per share. The business’s revenue was up 26.9% on a year-over-year basis. Research analysts forecast that Capital One Financial Corporation will post 20.34 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, August 17th. Capital One Financial’s dividend payout ratio (DPR) is presently 19.80%.

Capital One Financial Company Profile

Capital One Financial Corp. is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company provides credit cards, consumer banking products, auto financing and commercial banking services through its Capital One brand.

Capital One offers credit cards for consumers and businesses, checking and savings accounts, certificates of deposit, personal loans and auto loans. Its commercial banking operations serve businesses, institutions and commercial real estate clients with lending, deposit, treasury management and other financial services.

Capital One primarily serves customers in the United States, with additional operations in Canada and the United Kingdom.