Fifth Third Wealth Advisors LLC Buys 558 Shares of Capital One Financial Co. (NYSE:COF)

Fifth Third Wealth Advisors LLC raised its stake in Capital One Financial Co. (NYSE:COF) by 13.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,708 shares of the financial services provider’s stock after purchasing an additional 558 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Capital One Financial were worth $705,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Prospera Financial Services Inc grew its stake in shares of Capital One Financial by 9.7% in the 3rd quarter. Prospera Financial Services Inc now owns 4,992 shares of the financial services provider’s stock valued at $749,000 after buying an additional 440 shares during the period. Meeder Asset Management Inc. boosted its holdings in Capital One Financial by 685.3% in the third quarter. Meeder Asset Management Inc. now owns 52,959 shares of the financial services provider’s stock worth $7,930,000 after acquiring an additional 46,215 shares in the last quarter. Aviance Capital Partners LLC grew its stake in Capital One Financial by 13.6% in the third quarter. Aviance Capital Partners LLC now owns 14,788 shares of the financial services provider’s stock valued at $2,214,000 after acquiring an additional 1,772 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in shares of Capital One Financial during the third quarter valued at approximately $71,000. Finally, LMR Partners LLP acquired a new position in shares of Capital One Financial during the third quarter worth approximately $8,526,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF opened at $180.69 on Thursday. Capital One Financial Co. has a 1 year low of $105.39 and a 1 year high of $198.30. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The stock’s fifty day moving average price is $160.29 and its two-hundred day moving average price is $147.19. The firm has a market cap of $68.94 billion, a PE ratio of 17.06, a PEG ratio of 1.37 and a beta of 1.43.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. The business had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business posted $4.45 EPS. On average, equities research analysts forecast that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

Insider Activity at Capital One Financial

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the sale, the insider now directly owns 19,776 shares in the company, valued at $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Kara West sold 721 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares of the company’s stock, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,007 shares of company stock worth $4,982,647. Corporate insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on COF. Citigroup initiated coverage on Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 target price on the stock. Bank of America lifted their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Barclays boosted their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Evercore ISI raised their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Finally, Royal Bank of Canada lifted their price target on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. Eleven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Capital One Financial currently has a consensus rating of “Hold” and an average target price of $160.18.

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.