B. Metzler seel. Sohn & Co. Holding AG Makes New Investment in Capital One Financial Co. (NYSE:COF)

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Capital One Financial Co. (NYSE:COF) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 30,396 shares of the financial services provider’s stock, valued at approximately $4,551,000.

A number of other large investors also recently made changes to their positions in COF. LRI Investments LLC purchased a new position in shares of Capital One Financial in the 1st quarter worth approximately $25,000. Y.D. More Investments Ltd purchased a new position in Capital One Financial in the second quarter worth $28,000. Hobbs Group Advisors LLC bought a new position in Capital One Financial in the 2nd quarter valued at $29,000. Unique Wealth Strategies LLC purchased a new stake in shares of Capital One Financial during the 2nd quarter valued at $36,000. Finally, Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial during the 3rd quarter worth $36,000. 89.84% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, insider Kara West sold 721 shares of the firm’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This trade represents a 5.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the 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 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. In the last 90 days, insiders sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on COF. Bank of America raised their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Citigroup assumed coverage on Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective on the stock. The Goldman Sachs Group raised their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday. JPMorgan Chase & Co. upped their price target on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research report on Monday, October 7th. Finally, Barclays lifted 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. Eleven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Capital One Financial currently has an average rating of “Hold” and an average price target of $160.18.

Capital One Financial Trading Down 1.0 %

Shares of COF opened at $181.00 on Wednesday. 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 Co. has a fifty-two week low of $105.39 and a fifty-two week high of $198.30. The firm has a 50 day moving average price of $159.40 and a 200-day moving average price of $146.95. The firm has a market cap of $69.05 billion, a price-to-earnings ratio of 17.09, a PEG ratio of 1.37 and a beta of 1.43.

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 for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the prior year, the firm posted $4.45 earnings per share. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. As a group, equities research analysts forecast that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is 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.