Nicolet Advisory Services LLC Makes New $236,000 Investment in Capital One Financial Co. (NYSE:COF)

Nicolet Advisory Services LLC bought a new stake in Capital One Financial Co. (NYSE:COF) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,626 shares of the financial services provider’s stock, valued at approximately $236,000.

A number of other large investors have also recently made changes to their positions in the business. Clearbridge Investments LLC increased its position in shares of Capital One Financial by 5.5% during the 2nd quarter. Clearbridge Investments LLC now owns 3,663,439 shares of the financial services provider’s stock valued at $507,203,000 after purchasing an additional 189,843 shares during the last quarter. Legal & General Group Plc increased its stake in shares of Capital One Financial by 2.5% during the second quarter. Legal & General Group Plc now owns 3,331,196 shares of the financial services provider’s stock valued at $461,204,000 after buying an additional 79,908 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Capital One Financial by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,687,999 shares of the financial services provider’s stock valued at $402,474,000 after purchasing an additional 28,541 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in Capital One Financial by 0.5% during the first quarter. Janus Henderson Group PLC now owns 1,216,724 shares of the financial services provider’s stock worth $181,155,000 after buying an additional 5,473 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its position in Capital One Financial by 31.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,214,929 shares of the financial services provider’s stock valued at $180,892,000 after purchasing an additional 292,978 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through 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 sale, the insider now owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. The trade was a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 29,007 shares of company stock worth $4,982,647 over the last three months. Insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Robert W. Baird lifted their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Evercore ISI raised their target price on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Royal Bank of Canada raised their price objective on 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. The Goldman Sachs Group lifted their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Finally, Citigroup began coverage on shares of Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 target price for the company. Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $160.18.

Capital One Financial Stock Performance

NYSE:COF opened at $187.06 on Monday. The stock has a market capitalization of $71.37 billion, a PE ratio of 17.66, a P/E/G ratio of 1.33 and a beta of 1.43. Capital One Financial Co. has a fifty-two week low of $105.43 and a fifty-two week high of $198.30. The company has a fifty day moving average of $162.15 and a two-hundred day moving average of $147.81. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. The business 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%. During the same quarter in the prior year, the firm earned $4.45 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year. As a group, research analysts forecast that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were issued 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 of this dividend was Thursday, November 14th. Capital One Financial’s payout ratio is 22.66%.

About Capital One Financial

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.