Venturi Wealth Management LLC Boosts Position in Capital One Financial Co. (NYSE:COF)

Venturi Wealth Management LLC raised its position in Capital One Financial Co. (NYSE:COF) by 14.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,019 shares of the financial services provider’s stock after acquiring an additional 125 shares during the quarter. Venturi Wealth Management LLC’s holdings in Capital One Financial were worth $153,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of COF. LRI Investments LLC purchased a new position in shares of Capital One Financial in the first quarter worth approximately $25,000. Y.D. More Investments Ltd purchased a new position in shares of Capital One Financial during the 2nd quarter worth $28,000. Hobbs Group Advisors LLC bought a new stake in shares of Capital One Financial during the 2nd quarter valued at $29,000. Unique Wealth Strategies LLC purchased a new stake in shares of Capital One Financial in the 2nd quarter worth $36,000. Finally, Catalyst Capital Advisors LLC bought a new position in Capital One Financial in the 3rd quarter worth $36,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $185.46 on Thursday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 12 month low of $104.21 and a 12 month high of $198.30. The stock has a 50 day moving average of $155.16 and a 200 day moving average of $145.53. The firm has a market cap of $70.75 billion, a PE ratio of 17.51, a PEG ratio of 1.39 and a beta of 1.43.

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

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s dividend payout ratio is 22.66%.

Insider Activity at Capital One Financial

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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Capital One Financial news, insider Kara West sold 721 shares of the business’s stock in a transaction 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 transaction, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Frank G. LapradeIii sold 15,751 shares of the firm’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 sale, the insider now owns 44,711 shares of the company’s stock, valued at $7,153,760. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 18,466 shares of company stock valued at $2,977,116. Insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on COF. Robert W. Baird raised their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Royal Bank of Canada raised their target price 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, October 25th. JPMorgan Chase & Co. upped their price target 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. Evercore ISI raised their price objective 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, Barclays lifted their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Eleven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Capital One Financial presently has a consensus rating of “Hold” and a consensus price target of $156.35.

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.