Independent Advisor Alliance Sells 312 Shares of Capital One Financial Co. (NYSE:COF)

Independent Advisor Alliance decreased its holdings in Capital One Financial Co. (NYSE:COF) by 4.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,227 shares of the financial services provider’s stock after selling 312 shares during the quarter. Independent Advisor Alliance’s holdings in Capital One Financial were worth $932,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of COF. Fisher Asset Management LLC grew its stake in shares of Capital One Financial by 0.7% during the third quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock worth $1,451,527,000 after purchasing an additional 72,097 shares during the period. Clearbridge Investments LLC boosted its position in shares of Capital One Financial by 5.5% during the second quarter. Clearbridge Investments LLC now owns 3,663,439 shares of the financial services provider’s stock worth $507,203,000 after buying an additional 189,843 shares during the period. Legal & General Group Plc boosted its position in shares of Capital One Financial by 2.5% during the second quarter. Legal & General Group Plc now owns 3,331,196 shares of the financial services provider’s stock worth $461,204,000 after buying an additional 79,908 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Capital One Financial by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,687,999 shares of the financial services provider’s stock worth $402,474,000 after buying an additional 28,541 shares during the period. Finally, AustralianSuper Pty Ltd raised its holdings in Capital One Financial by 0.4% during the third quarter. AustralianSuper Pty Ltd now owns 1,061,347 shares of the financial services provider’s stock worth $158,915,000 after acquiring an additional 4,380 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider now directly owns 44,711 shares in the company, valued at $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the sale, the insider now owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 29,007 shares of company stock worth $4,982,647. Corporate insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on COF shares. JPMorgan Chase & Co. upped their price objective 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. Citigroup initiated coverage on Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 target price on the stock. Robert W. Baird upped their target price on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Royal Bank of Canada upped their target price on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. Finally, The Goldman Sachs Group upped their target price on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $160.18.

Capital One Financial Stock Down 0.1 %

COF opened at $191.27 on Thursday. The company has a fifty day moving average price of $165.02 and a 200-day moving average price of $148.80. The firm has a market capitalization of $72.97 billion, a P/E ratio of 18.06, a price-to-earnings-growth ratio of 1.40 and a beta of 1.43. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Co. has a one year low of $106.14 and a one year high of $198.30.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. The firm had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the business earned $4.45 EPS. Equities research analysts expect that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.25%. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

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.