Chevy Chase Trust Holdings LLC Has $31.04 Million Stake in Capital One Financial Co. (NYSE:COF)

Chevy Chase Trust Holdings LLC lowered its stake in Capital One Financial Co. (NYSE:COF) by 1.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 207,319 shares of the financial services provider’s stock after selling 3,797 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Capital One Financial worth $31,042,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Y.D. More Investments Ltd bought a new stake in Capital One Financial during the second quarter worth approximately $28,000. Hobbs Group Advisors LLC acquired a new stake in shares of Capital One Financial in the second quarter worth $29,000. Unique Wealth Strategies LLC bought a new stake in shares of Capital One Financial during the 2nd quarter worth $36,000. Catalyst Capital Advisors LLC acquired a new position in Capital One Financial in the 3rd quarter valued at $36,000. Finally, Versant Capital Management Inc raised its holdings in Capital One Financial by 391.5% in the 2nd quarter. Versant Capital Management Inc now owns 290 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 231 shares during the period. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

COF has been the topic of several research analyst reports. Citigroup assumed coverage on Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price target on the stock. Robert W. Baird lifted their price target on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. 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 report on Friday, October 25th. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. Finally, Evercore ISI upped their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Capital One Financial presently has an average rating of “Hold” and a consensus target price of $160.18.

Capital One Financial Stock Down 2.3 %

Shares of COF opened at $187.52 on Tuesday. Capital One Financial Co. has a 12 month low of $112.64 and a 12 month high of $198.30. The stock has a market cap of $71.54 billion, a price-to-earnings ratio of 17.71, a P/E/G ratio of 1.40 and a beta of 1.43. The company has a 50-day moving average price of $166.58 and a two-hundred day moving average price of $149.52. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF) last announced 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. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the previous year, the firm earned $4.45 EPS. Capital One Financial’s quarterly revenue was up 6.8% on a year-over-year basis. Equities analysts predict that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

Insider Activity at Capital One Financial

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s 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 directly owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the business’s stock in a transaction 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 transaction, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. This represents a 26.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 29,007 shares of company stock valued at $4,982,647 in the last ninety days. Insiders own 1.30% of the company’s stock.

Capital One Financial 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.