Webster Bank N. A. Sells 1,804 Shares of Capital One Financial Co. (NYSE:COF)

Webster Bank N. A. decreased its stake in shares of Capital One Financial Co. (NYSE:COF) by 6.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,077 shares of the financial services provider’s stock after selling 1,804 shares during the quarter. Webster Bank N. A.’s holdings in Capital One Financial were worth $3,755,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Silicon Valley Capital Partners acquired a new position in Capital One Financial during the 1st quarter worth approximately $25,000. LRI Investments LLC bought a new position in Capital One Financial during the first quarter worth $25,000. Y.D. More Investments Ltd acquired a new position in Capital One Financial during the second quarter worth $28,000. Hobbs Group Advisors LLC purchased a new stake in shares of Capital One Financial in the second quarter valued at about $29,000. Finally, Rise Advisors LLC bought a new position in Capital One Financial during the first quarter valued at about $33,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insiders Place Their Bets

In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now owns 40,934 shares in the company, valued at $5,438,491.24. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Capital One Financial news, 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 completion of the transaction, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction dated 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 completion of the sale, the insider now directly owns 73,734 shares in the company, valued at approximately $11,060,100. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

COF has been the subject of a number of research reports. Royal Bank of Canada reiterated a “sector perform” rating and set a $150.00 target price on shares of Capital One Financial in a research report on Thursday, July 25th. Barclays lifted their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. Citigroup started coverage on Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price objective on the stock. Bank of America lifted their price objective on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a report on Monday, October 7th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Capital One Financial presently has an average rating of “Hold” and an average price target of $148.00.

Capital One Financial Stock Up 3.0 %

Shares of NYSE COF traded up $4.55 during midday trading on Friday, reaching $155.68. 2,498,943 shares of the company’s stock traded hands, compared to its average volume of 2,446,439. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The stock’s 50 day simple moving average is $143.29 and its 200-day simple moving average is $142.00. Capital One Financial Co. has a one year low of $88.23 and a one year high of $156.34. The company has a market cap of $59.19 billion, a price-to-earnings ratio of 12.19, a P/E/G ratio of 1.22 and a beta of 1.44.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The firm had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The company’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the company earned $3.52 EPS. On average, analysts predict that Capital One Financial Co. will post 12.87 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.54%. 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.