Northwest & Ethical Investments L.P. Buys 1,142 Shares of Capital One Financial Co. (NYSE:COF)

Northwest & Ethical Investments L.P. grew its stake in shares of Capital One Financial Co. (NYSE:COF) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 55,428 shares of the financial services provider’s stock after buying an additional 1,142 shares during the period. Northwest & Ethical Investments L.P.’s holdings in Capital One Financial were worth $8,299,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Asset Management One Co. Ltd. boosted its stake in Capital One Financial by 5.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after acquiring an additional 7,331 shares during the last quarter. CWA Asset Management Group LLC bought a new position in shares of Capital One Financial during the third quarter worth $1,649,000. Clear Harbor Asset Management LLC bought a new stake in shares of Capital One Financial in the 2nd quarter valued at $511,000. QRG Capital Management Inc. increased its position in shares of Capital One Financial by 3.2% in the 2nd quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider’s stock valued at $16,927,000 after buying an additional 3,776 shares in the last quarter. Finally, Cetera Advisors LLC raised its stake in Capital One Financial by 114.0% during the 1st quarter. Cetera Advisors LLC now owns 7,948 shares of the financial services provider’s stock worth $1,183,000 after buying an additional 4,234 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction that occurred 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 owns 19,776 shares in the company, valued at $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the sale, the insider now directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock valued at $4,982,647 over the last ninety days. 1.30% of the stock is currently owned by company insiders.

Capital One Financial Stock Down 0.1 %

Shares of COF stock opened at $191.29 on Friday. Capital One Financial Co. has a 52-week low of $106.14 and a 52-week high of $198.30. The stock has a market cap of $72.98 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 1.40 and a beta of 1.43. The firm’s 50-day moving average is $165.78 and its 200-day moving average is $149.10. 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 released its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (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 firm had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the prior year, the company earned $4.45 earnings per share. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Sell-side analysts predict that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.25%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio is 22.66%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on COF shares. JPMorgan Chase & Co. boosted their target price on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research note on Monday, October 7th. The Goldman Sachs Group upped their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Barclays increased their price objective on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Evercore ISI raised their price target on shares of 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. Finally, Citigroup started coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective on the stock. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $160.18.

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.