Thomasville National Bank Sells 3,964 Shares of Capital One Financial Co. (NYSE:COF)

by · The Cerbat Gem

Thomasville National Bank lessened its position in shares of Capital One Financial Co. (NYSE:COF) by 15.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,961 shares of the financial services provider’s stock after selling 3,964 shares during the period. Thomasville National Bank’s holdings in Capital One Financial were worth $3,288,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Silicon Valley Capital Partners bought a new stake in shares of Capital One Financial during the first quarter worth approximately $25,000. LRI Investments LLC bought a new stake in shares of Capital One Financial during the first quarter worth approximately $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial during the second quarter worth approximately $28,000. Hobbs Group Advisors LLC bought a new stake in shares of Capital One Financial during the second quarter worth approximately $29,000. Finally, Rise Advisors LLC bought a new stake in shares of Capital One Financial during the first quarter worth approximately $33,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 3.0 %

Shares of NYSE:COF opened at $155.68 on Monday. The company has a fifty day moving average of $143.29 and a 200-day moving average of $141.99. The company has a market capitalization of $59.19 billion, a PE ratio of 12.19, a price-to-earnings-growth ratio of 1.22 and a beta of 1.44. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $156.34.

Capital One Financial (NYSE:COF – Get Free Report) last issued its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The business had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. During the same period in the prior year, the firm earned $3.52 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, equities analysts predict that Capital One Financial Co. will post 12.87 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were paid a $0.60 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 annualized dividend and a dividend yield of 1.54%. Capital One Financial’s dividend payout ratio is 18.79%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on COF shares. Bank of America boosted their price objective on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $150.00 price target on shares of Capital One Financial in a research report on Thursday, July 25th. Evercore ISI dropped their price target on shares of Capital One Financial from $166.00 to $163.00 and set an “in-line” rating for the company in a research report on Monday, October 7th. Citigroup initiated coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price target for the company. Finally, JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research report on Monday, October 7th. Twelve analysts have rated the stock with a hold rating and seven have given 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 $151.56.

Get Our Latest Stock Report on COF

Insider Buying and Selling

In related news, insider Robert M. Alexander sold 30,742 shares of the business’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the sale, the insider now owns 73,734 shares of the company’s stock, valued at $11,060,100. The trade was 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 the SEC website. In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the sale, the insider now owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 sale, the chief executive officer now directly owns 40,934 shares in the company, valued at $5,438,491.24. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Capital One Financial Profile

(Free Report)

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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