Sigma Planning Corp Purchases 362 Shares of Capital One Financial Co. (NYSE:COF)

Sigma Planning Corp lifted its position in shares of Capital One Financial Co. (NYSE:COF) by 20.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,170 shares of the financial services provider’s stock after purchasing an additional 362 shares during the quarter. Sigma Planning Corp’s holdings in Capital One Financial were worth $325,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in COF. LRI Investments LLC acquired a new position in Capital One Financial in the first quarter valued at about $25,000. Y.D. More Investments Ltd acquired a new position in shares of Capital One Financial in the 2nd quarter valued at approximately $28,000. Hobbs Group Advisors LLC bought a new stake in Capital One Financial during the 2nd quarter worth approximately $29,000. Unique Wealth Strategies LLC acquired a new stake in Capital One Financial during the 2nd quarter worth approximately $36,000. Finally, Catalyst Capital Advisors LLC bought a new position in Capital One Financial in the third quarter valued at approximately $36,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Up 1.2 %

Capital One Financial stock opened at $185.14 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a 50-day simple moving average of $157.74 and a 200 day simple moving average of $146.34. The stock has a market capitalization of $70.63 billion, a P/E ratio of 17.48, a PEG ratio of 1.38 and a beta of 1.43. Capital One Financial Co. has a 52 week low of $104.21 and a 52 week high of $198.30.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same period in the previous year, the company posted $4.45 EPS. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. Analysts expect that Capital One Financial Co. will post 13.46 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s payout ratio is presently 22.66%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Evercore ISI raised their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Citigroup assumed coverage on Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price target on the stock. JPMorgan Chase & Co. upped their price objective on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research report on Monday, October 7th. Barclays lifted their target price on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 8th. Finally, Royal Bank of Canada upped their price target on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research report on Friday, October 25th. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Hold” and an average target price of $156.35.

Insider Buying and Selling

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the sale, the insider now owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares in the company, valued at $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 29,007 shares of company stock valued at $4,982,647. Company insiders own 1.30% of the company’s stock.

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.