Bank of Montreal Can increased its holdings in shares of Capital One Financial Corp. (NYSE:COF) by 15.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,034,276 shares of the financial services provider’s stock after buying an additional 267,426 shares during the period. Bank of Montreal Can owned about 0.43% of Capital One Financial worth $193,115,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Farmers National Bank acquired a new stake in Capital One Financial during the 2nd quarter worth approximately $102,000. TLP Group LLC acquired a new position in shares of Capital One Financial in the 1st quarter worth approximately $103,000. Integrated Investment Consultants LLC acquired a new position in shares of Capital One Financial in the 2nd quarter worth approximately $108,000. Kaizen Advisory LLC lifted its position in shares of Capital One Financial by 161.0% in the 2nd quarter. Kaizen Advisory LLC now owns 1,198 shares of the financial services provider’s stock worth $110,000 after purchasing an additional 739 shares during the period. Finally, Sun Life Financial INC lifted its position in shares of Capital One Financial by 518.3% in the 2nd quarter. Sun Life Financial INC now owns 1,317 shares of the financial services provider’s stock worth $121,000 after purchasing an additional 1,104 shares during the period. Institutional investors and hedge funds own 88.29% of the company’s stock.
A number of brokerages have recently issued reports on COF. Zacks Investment Research downgraded shares of Capital One Financial from a “buy” rating to a “hold” rating in a research report on Wednesday. Wells Fargo & Co boosted their price target on shares of Capital One Financial from $109.00 to $110.00 and gave the stock an “outperform” rating in a research report on Monday, October 1st. Oppenheimer set a $116.00 price target on shares of Capital One Financial and gave the stock a “buy” rating in a research report on Tuesday, September 18th. UBS Group dropped their price target on shares of Capital One Financial from $116.00 to $113.00 and set a “buy” rating on the stock in a research report on Tuesday, August 7th. Finally, BMO Capital Markets boosted their price target on shares of Capital One Financial from $132.00 to $135.00 and gave the stock an “outperform” rating in a research report on Monday, July 30th. Eight research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Capital One Financial currently has a consensus rating of “Buy” and an average target price of $111.10.
Shares of NYSE:COF traded up $0.09 during mid-day trading on Friday, hitting $91.03. The company had a trading volume of 293,966 shares, compared to its average volume of 2,416,973. The firm has a market capitalization of $45.42 billion, a P/E ratio of 11.88, a P/E/G ratio of 0.81 and a beta of 1.29. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.06. Capital One Financial Corp. has a one year low of $83.88 and a one year high of $106.50.
Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, July 19th. The financial services provider reported $3.22 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.59. The company had revenue of $7.19 billion during the quarter, compared to analyst estimates of $6.95 billion. Capital One Financial had a net margin of 10.73% and a return on equity of 10.44%. Capital One Financial’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.96 EPS. On average, analysts anticipate that Capital One Financial Corp. will post 11.04 EPS for the current fiscal year.
In other news, insider Timothy P. Golden sold 4,073 shares of Capital One Financial stock in a transaction on Thursday, August 2nd. The shares were sold at an average price of $95.85, for a total value of $390,397.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Richard D. Fairbank sold 242,090 shares of Capital One Financial stock in a transaction on Tuesday, July 24th. The shares were sold at an average price of $99.33, for a total transaction of $24,046,799.70. The disclosure for this sale can be found here. Insiders sold a total of 281,726 shares of company stock valued at $27,993,497 in the last quarter. 1.40% of the stock is currently owned by company insiders.
Capital One Financial Profile
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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