Raymond James Trust N.A. Has $1.52 Million Holdings in Capital One Financial Co. (NYSE:COF)

Raymond James Trust N.A. decreased its holdings in Capital One Financial Co. (NYSE:COF) by 2.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,982 shares of the financial services provider’s stock after selling 272 shares during the quarter. Raymond James Trust N.A.’s holdings in Capital One Financial were worth $1,520,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. CWM LLC grew its position in Capital One Financial by 20.2% during the fourth quarter. CWM LLC now owns 6,369 shares of the financial services provider’s stock worth $835,000 after buying an additional 1,071 shares in the last quarter. Linden Thomas Advisory Services LLC bought a new position in shares of Capital One Financial in the fourth quarter worth $205,000. Atria Wealth Solutions Inc. raised its stake in Capital One Financial by 452.0% in the fourth quarter. Atria Wealth Solutions Inc. now owns 13,142 shares of the financial services provider’s stock valued at $1,723,000 after purchasing an additional 16,876 shares in the last quarter. Syon Capital LLC lifted its position in Capital One Financial by 23.6% during the fourth quarter. Syon Capital LLC now owns 3,748 shares of the financial services provider’s stock worth $491,000 after purchasing an additional 716 shares during the period. Finally, Citizens Financial Group Inc. RI acquired a new stake in Capital One Financial during the fourth quarter worth about $541,000. Institutional investors own 89.84% of the company’s stock.

Insider Activity

In related news, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the sale, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the sale, the chief executive officer now owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of the business’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the sale, the insider now directly owns 73,734 shares of the company’s stock, valued at $11,060,100. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and increased their price target for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. 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 note on Thursday, July 25th. Evercore ISI dropped their price objective on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research report on Tuesday, June 25th. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, July 8th. Finally, Bank of America boosted their target price on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $145.89.

Capital One Financial Trading Up 2.2 %

Shares of NYSE:COF traded up $3.06 during midday trading on Friday, reaching $142.54. The company’s stock had a trading volume of 2,885,998 shares, compared to its average volume of 2,503,656. The firm has a 50 day moving average price of $140.14 and a two-hundred day moving average price of $139.90. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $153.35. The firm has a market capitalization of $54.19 billion, a price-to-earnings ratio of 11.16, a PEG ratio of 1.13 and a beta of 1.45. 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 (NYSE:COF) last posted its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $9.57 billion. During the same quarter in the previous year, the company posted $3.52 earnings per share. Capital One Financial’s quarterly revenue was up 5.5% on a year-over-year basis. As a group, analysts forecast that Capital One Financial Co. will post 13.17 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.68%. The ex-dividend date was Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is currently 18.79%.

About Capital One Financial

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.