Wilmington Savings Fund Society FSB Acquires Shares of 4,134 Capital One Financial Co. (NYSE:COF)

Wilmington Savings Fund Society FSB bought a new position in shares of Capital One Financial Co. (NYSE:COF) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,134 shares of the financial services provider’s stock, valued at approximately $619,000.

Other large investors have also recently made changes to their positions in the company. Y.D. More Investments Ltd bought a new position in shares of Capital One Financial during the 2nd quarter worth $28,000. Hobbs Group Advisors LLC bought a new position in Capital One Financial during the 2nd quarter worth about $29,000. Unique Wealth Strategies LLC purchased a new position in Capital One Financial during the 2nd quarter valued at about $36,000. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial in the 3rd quarter valued at about $36,000. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of Capital One Financial in the 2nd quarter worth approximately $42,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

COF has been the topic of several recent research reports. JPMorgan Chase & Co. increased their target price on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. The Goldman Sachs Group raised their price objective on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Keefe, Bruyette & Woods boosted their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. 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 report on Wednesday, October 30th. Finally, Bank of America lowered shares of Capital One Financial from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $171.50.

Insider Activity at Capital One Financial

In related news, insider Kara West sold 721 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the transaction, the insider now directly owns 12,929 shares in the company, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is owned by company insiders.

Capital One Financial Stock Down 0.1 %

Shares of NYSE COF opened at $184.53 on Monday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The company has a 50-day moving average of $174.06 and a 200 day moving average of $152.83. Capital One Financial Co. has a 12-month low of $123.23 and a 12-month high of $198.30. The stock has a market cap of $70.40 billion, a PE ratio of 17.42, a P/E/G ratio of 1.36 and a beta of 1.45.

Capital One Financial (NYSE:COF) last posted 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 firm had revenue of $10 billion during 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 business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the firm earned $4.45 earnings per share. As a group, sell-side analysts predict that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.30%. Capital One Financial’s payout ratio is 22.66%.

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.