Chevy Chase Trust Holdings Inc. Buys 5,160 Shares of Capital One Financial Corporation (COF)

Chevy Chase Trust Holdings Inc. lifted its stake in Capital One Financial Corporation (NYSE:COF) by 1.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 430,071 shares of the financial services provider’s stock after purchasing an additional 5,160 shares during the period. Chevy Chase Trust Holdings Inc. owned about 0.09% of Capital One Financial worth $36,410,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. South State Corp boosted its holdings in Capital One Financial by 9.2% in the second quarter. South State Corp now owns 65,457 shares of the financial services provider’s stock valued at $5,408,000 after purchasing an additional 5,510 shares during the period. Bank of Nova Scotia boosted its holdings in Capital One Financial by 70.8% in the second quarter. Bank of Nova Scotia now owns 187,907 shares of the financial services provider’s stock valued at $15,525,000 after purchasing an additional 77,861 shares during the period. Quantbot Technologies LP purchased a new position in Capital One Financial in the third quarter valued at $1,635,000. CNA Financial Corp boosted its holdings in Capital One Financial by 20.6% in the second quarter. CNA Financial Corp now owns 31,827 shares of the financial services provider’s stock valued at $2,630,000 after purchasing an additional 5,427 shares during the period. Finally, Toronto Dominion Bank boosted its holdings in Capital One Financial by 49.2% in the third quarter. Toronto Dominion Bank now owns 190,754 shares of the financial services provider’s stock valued at $16,148,000 after purchasing an additional 62,865 shares during the period. Hedge funds and other institutional investors own 88.43% of the company’s stock.

Shares of Capital One Financial Corporation (NYSE:COF) opened at $95.79 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 1.17. Capital One Financial Corporation has a 52-week low of $76.05 and a 52-week high of $96.92. The company has a market capitalization of $46,084.63, a PE ratio of 12.54, a PEG ratio of 1.42 and a beta of 1.28.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, October 24th. The financial services provider reported $2.42 EPS for the quarter, topping the Zacks’ consensus estimate of $2.15 by $0.27. Capital One Financial had a return on equity of 8.25% and a net margin of 13.34%. The business had revenue of $6.99 billion for the quarter, compared to analysts’ expectations of $6.81 billion. During the same quarter in the previous year, the firm earned $2.03 earnings per share. The business’s revenue was up 8.1% compared to the same quarter last year. research analysts forecast that Capital One Financial Corporation will post 7.97 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 24th. Stockholders of record on Monday, November 13th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date was Friday, November 10th. Capital One Financial’s dividend payout ratio (DPR) is currently 22.63%.

In other news, Director Bradford H. Warner sold 7,000 shares of Capital One Financial stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $94.94, for a total transaction of $664,580.00. Following the sale, the director now owns 57,085 shares in the company, valued at $5,419,649.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert M. Alexander sold 5,000 shares of Capital One Financial stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $92.18, for a total value of $460,900.00. Following the sale, the insider now owns 89,603 shares in the company, valued at approximately $8,259,604.54. The disclosure for this sale can be found here. Insiders have sold 131,868 shares of company stock worth $12,378,192 in the last quarter. Insiders own 1.73% of the company’s stock.

A number of research analysts recently issued reports on COF shares. Zacks Investment Research downgraded Capital One Financial from a “buy” rating to a “hold” rating in a report on Monday, October 30th. Piper Jaffray Companies reaffirmed a “sell” rating and set a $81.00 price target on shares of Capital One Financial in a report on Friday, October 27th. BMO Capital Markets lifted their price target on Capital One Financial from $116.00 to $118.00 and gave the stock an “outperform” rating in a report on Wednesday, October 25th. Bank of America lifted their price target on Capital One Financial from $89.00 to $91.00 and gave the stock a “neutral” rating in a report on Wednesday, October 25th. Finally, Wells Fargo & Company lifted their price target on Capital One Financial from $96.00 to $98.00 and gave the stock an “outperform” rating in a report on Wednesday, October 25th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $95.52.

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About Capital One Financial

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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