CENTRAL TRUST Co Sells 633 Shares of Capital One Financial Co. (NYSE:COF)

CENTRAL TRUST Co decreased its position in shares of Capital One Financial Co. (NYSE:COF) by 16.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,290 shares of the financial services provider’s stock after selling 633 shares during the period. CENTRAL TRUST Co’s holdings in Capital One Financial were worth $493,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Financial Security Advisor Inc. raised its position in shares of Capital One Financial by 2.4% during the 1st quarter. Financial Security Advisor Inc. now owns 3,255 shares of the financial services provider’s stock valued at $485,000 after purchasing an additional 75 shares during the period. Valley National Advisers Inc. raised its holdings in Capital One Financial by 0.5% during the first quarter. Valley National Advisers Inc. now owns 16,366 shares of the financial services provider’s stock valued at $2,435,000 after acquiring an additional 75 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Capital One Financial by 11.7% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock valued at $107,000 after acquiring an additional 75 shares in the last quarter. Bangor Savings Bank boosted its stake in shares of Capital One Financial by 20.8% in the third quarter. Bangor Savings Bank now owns 448 shares of the financial services provider’s stock worth $67,000 after acquiring an additional 77 shares during the period. Finally, Grove Bank & Trust grew its position in shares of Capital One Financial by 9.3% during the third quarter. Grove Bank & Trust now owns 909 shares of the financial services provider’s stock worth $136,000 after purchasing an additional 77 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the sale, the chief executive officer now directly owns 40,934 shares in the company, valued at approximately $5,438,491.24. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction dated 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 completion of the sale, 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 filing with the SEC, which is available through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction dated Thursday, October 17th. The stock was 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 represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of research analyst reports. Bank of America boosted their price target on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research report on Monday, October 7th. Royal Bank of Canada boosted their price target on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday. Robert W. Baird lifted their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Evercore ISI dropped 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 investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $152.39.

Capital One Financial Trading Up 5.2 %

COF stock opened at $161.27 on Friday. Capital One Financial Co. has a twelve month low of $89.08 and a twelve month high of $167.93. The stock has a market capitalization of $61.31 billion, a price-to-earnings ratio of 12.63, a price-to-earnings-growth ratio of 1.22 and a beta of 1.44. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The firm’s fifty day simple moving average is $147.82 and its two-hundred day simple moving average is $142.87.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating the consensus estimate of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The firm’s revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.45 EPS. As a group, analysts anticipate that Capital One Financial Co. will post 12.87 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date was Monday, August 12th. Capital One Financial’s dividend payout ratio is currently 18.79%.

Capital One Financial Company 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.