Meeder Advisory Services Inc. Cuts Stake in Capital One Financial Co. (NYSE:COF)

Meeder Advisory Services Inc. trimmed its stake in Capital One Financial Co. (NYSE:COF) by 1.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,284 shares of the financial services provider’s stock after selling 228 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Capital One Financial were worth $1,839,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LRI Investments LLC purchased a new position in shares of Capital One Financial in the 1st quarter worth about $25,000. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial during the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC purchased a new stake in shares of Capital One Financial during the second quarter valued at approximately $29,000. Unique Wealth Strategies LLC acquired a new position in shares of Capital One Financial during the second quarter worth $36,000. Finally, Catalyst Capital Advisors LLC purchased a new position in shares of Capital One Financial in the third quarter valued at $36,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on COF. Barclays boosted their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Royal Bank of Canada raised their price objective 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. Robert W. Baird increased their target price on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Citigroup started coverage on shares of Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price target for the company. Finally, Bank of America boosted their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and an average price target of $156.35.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the business’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 sale, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 26.05 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kara West sold 721 shares of the 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. Insiders have sold 29,007 shares of company stock valued at $4,982,647 in the last quarter. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE COF opened at $182.86 on Tuesday. 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 firm has a market capitalization of $69.76 billion, a PE ratio of 17.27, a P/E/G ratio of 1.37 and a beta of 1.43. Capital One Financial Co. has a 1-year low of $105.39 and a 1-year high of $198.30. The business’s fifty day moving average price is $158.54 and its two-hundred day moving average price is $146.68.

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

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s dividend payout ratio is currently 22.66%.

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.