US Bancorp DE increased its holdings in shares of Capital One Financial Co. (NYSE:COF) by 1.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 63,351 shares of the financial services provider’s stock after acquiring an additional 904 shares during the period. US Bancorp DE’s holdings in Capital One Financial were worth $9,486,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Arkadios Wealth Advisors boosted its holdings in Capital One Financial by 3.9% during the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock valued at $266,000 after purchasing an additional 66 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in Capital One Financial by 11.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock valued at $107,000 after buying an additional 75 shares in the last quarter. Bangor Savings Bank grew its position in Capital One Financial by 20.8% in the third quarter. Bangor Savings Bank now owns 448 shares of the financial services provider’s stock valued at $67,000 after acquiring an additional 77 shares during the period. Grove Bank & Trust raised its stake in Capital One Financial by 9.3% during the third quarter. Grove Bank & Trust now owns 909 shares of the financial services provider’s stock worth $136,000 after acquiring an additional 77 shares in the last quarter. Finally, Bruce G. Allen Investments LLC lifted its holdings in shares of Capital One Financial by 12.5% during the third quarter. Bruce G. Allen Investments LLC now owns 700 shares of the financial services provider’s stock valued at $105,000 after acquiring an additional 78 shares during the period. Institutional investors own 89.84% of the company’s stock.
Insider Buying and Selling at Capital One Financial
In other news, insider Frank G. LapradeIii sold 15,751 shares of the business’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 completion of the transaction, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction on 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 transaction, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the sale, the chief executive officer now owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.
Capital One Financial Trading Up 0.7 %
Capital One Financial (NYSE:COF – Get Free Report) last released its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the previous year, the business earned $4.45 EPS. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Capital One Financial Co. will post 13.17 earnings per share for the current year.
Analyst Ratings Changes
Several research firms have recently weighed in on COF. Evercore ISI upped their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday. Robert W. Baird raised their price objective 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. Citigroup began coverage on Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 target price on the stock. Royal Bank of Canada raised their price target on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $156.35.
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.
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