Amalgamated Bank Sells 2,069 Shares of Capital One Financial Co. (NYSE:COF)

Amalgamated Bank cut its holdings in Capital One Financial Co. (NYSE:COF) by 2.7% during the third quarter, Holdings Channel.com reports. The firm owned 74,865 shares of the financial services provider’s stock after selling 2,069 shares during the quarter. Amalgamated Bank’s holdings in Capital One Financial were worth $11,210,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in Capital One Financial by 21.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock worth $4,093,000 after buying an additional 4,840 shares in the last quarter. Twin Tree Management LP raised its holdings in Capital One Financial by 5.6% during the first quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock worth $10,200,000 after acquiring an additional 3,609 shares in the last quarter. Clear Harbor Asset Management LLC acquired a new position in Capital One Financial during the second quarter valued at approximately $511,000. QRG Capital Management Inc. grew its stake in Capital One Financial by 3.2% in the second quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider’s stock valued at $16,927,000 after purchasing an additional 3,776 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of Capital One Financial by 20.4% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 15,817 shares of the financial services provider’s stock worth $2,355,000 after purchasing an additional 2,675 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the sale, the insider now directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.30% of the company’s stock.

Capital One Financial Trading Up 3.0 %

Shares of Capital One Financial stock opened at $166.04 on Wednesday. Capital One Financial Co. has a 52-week low of $102.63 and a 52-week high of $167.93. The stock has a market cap of $63.35 billion, a PE ratio of 15.68, a PEG ratio of 1.24 and a beta of 1.43. The firm has a 50-day moving average of $150.99 and a 200-day moving average of $144.10. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same quarter in the previous year, the firm posted $4.45 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. As a group, sell-side analysts forecast that Capital One Financial Co. will post 13.17 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be paid a dividend of $0.60 per share. The ex-dividend date is Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.45%. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on COF shares. Royal Bank of Canada increased their price objective on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. Bank of America increased their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. Robert W. Baird raised their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Finally, Citigroup assumed coverage on Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price target on the stock. Eleven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, Capital One Financial presently has an average rating of “Hold” and a consensus price target of $156.35.

Capital One Financial Company 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.