21,585 Capital One Financial Corporation $COF Shares Purchased by Legacy Private Trust Co.

Legacy Private Trust Co. lifted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 1,544.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 22,983 shares of the financial services provider’s stock after buying an additional 21,585 shares during the period. Legacy Private Trust Co.’s holdings in Capital One Financial were worth $4,437,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Park National Corp OH raised its stake in Capital One Financial by 1.9% in the third quarter. Park National Corp OH now owns 95,926 shares of the financial services provider’s stock valued at $18,520,000 after purchasing an additional 1,783 shares in the last quarter. Neville Rodie & Shaw Inc. grew its stake in Capital One Financial by 117.3% during the third quarter. Neville Rodie & Shaw Inc. now owns 8,149 shares of the financial services provider’s stock worth $1,573,000 after buying an additional 4,399 shares in the last quarter. Baker Tilly Wealth Management LLC increased its holdings in Capital One Financial by 7.7% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 6,303 shares of the financial services provider’s stock valued at $1,217,000 after buying an additional 450 shares during the period. MassMutual Private Wealth & Trust FSB increased its holdings in Capital One Financial by 12.0% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 10,804 shares of the financial services provider’s stock valued at $1,910,000 after buying an additional 1,157 shares during the period. Finally, CX Institutional raised its position in shares of Capital One Financial by 79.4% in the 3rd quarter. CX Institutional now owns 8,551 shares of the financial services provider’s stock valued at $1,651,000 after buying an additional 3,785 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

NYSE:COF traded up $1.06 on Tuesday, hitting $196.20. The company had a trading volume of 1,011,843 shares, compared to its average volume of 4,655,167. Capital One Financial Corporation has a 52 week low of $174.24 and a 52 week high of $259.64. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $120.37 billion, a price-to-earnings ratio of 12.15, a PEG ratio of 0.72 and a beta of 1.04. The firm has a 50 day moving average of $211.18 and a two-hundred day moving average of $199.30.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, topping analysts’ consensus estimates of $4.79 by $1.02. The firm had revenue of $15.83 billion for the quarter, compared to analysts’ expectations of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The company’s revenue was up 26.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.48 earnings per share. On average, research analysts anticipate that Capital One Financial Corporation will post 20.32 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. Capital One Financial’s dividend payout ratio (DPR) is 19.80%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Ravi Raghu sold 9,726 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $209.78, for a total value of $2,040,320.28. Following the completion of the transaction, the insider owned 26,328 shares of the company’s stock, valued at $5,523,087.84. This represents a 26.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Zamsky sold 5,473 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $218.02, for a total value of $1,193,223.46. Following the completion of the transaction, the insider owned 27,992 shares of the company’s stock, valued at $6,102,815.84. This represents a 16.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 30,350 shares of company stock worth $6,480,382 over the last three months. 0.78% of the stock is owned by corporate insiders.

Analyst Ratings Changes

COF has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft set a $245.00 price target on shares of Capital One Financial in a report on Thursday, August 20th. Weiss Ratings upgraded shares of Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. HSBC upgraded Capital One Financial from a “hold” rating to a “buy” rating and upped their target price for the stock from $226.00 to $229.00 in a research note on Sunday, July 12th. Bank of America reduced their target price on Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Finally, Citigroup decreased their price target on Capital One Financial from $295.00 to $280.00 and set a “buy” rating on the stock in a research note on Tuesday, September 29th. Twenty-one research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $257.77.

Capital One Financial Profile

Capital One Financial Corp. is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company provides credit cards, consumer banking products, auto financing and commercial banking services through its Capital One brand.

Capital One offers credit cards for consumers and businesses, checking and savings accounts, certificates of deposit, personal loans and auto loans. Its commercial banking operations serve businesses, institutions and commercial real estate clients with lending, deposit, treasury management and other financial services.

Capital One primarily serves customers in the United States, with additional operations in Canada and the United Kingdom.