Stock Yards Bank & Trust Co. Has $319,000 Position in Capital One Financial Co. (NYSE:COF)

Stock Yards Bank & Trust Co. raised its holdings in Capital One Financial Co. (NYSE:COF) by 4.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,130 shares of the financial services provider’s stock after buying an additional 83 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Capital One Financial were worth $319,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Capital One Financial by 25.2% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 21,440 shares of the financial services provider’s stock worth $2,968,000 after buying an additional 4,321 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Capital One Financial by 2.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,203 shares of the financial services provider’s stock worth $2,243,000 after purchasing an additional 386 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Capital One Financial by 42.7% in the second quarter. Blue Trust Inc. now owns 1,594 shares of the financial services provider’s stock valued at $237,000 after buying an additional 477 shares in the last quarter. Brookstone Capital Management raised its holdings in shares of Capital One Financial by 15.3% in the second quarter. Brookstone Capital Management now owns 4,181 shares of the financial services provider’s stock valued at $625,000 after buying an additional 554 shares during the last quarter. Finally, OFI Invest Asset Management acquired a new position in Capital One Financial during the 2nd quarter worth about $910,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Evercore ISI upped their price objective on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Barclays raised their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Bank of America downgraded shares of Capital One Financial from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. Royal Bank of Canada raised their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. Finally, Citigroup assumed coverage on shares of Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 target price for the company. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $171.50.

Insider Activity at Capital One Financial

In other news, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction dated 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 completion of the transaction, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the sale, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Stock Down 0.2 %

NYSE:COF opened at $184.44 on Friday. Capital One Financial Co. has a 1 year low of $123.23 and a 1 year high of $198.30. The stock has a 50-day moving average price of $174.06 and a two-hundred day moving average price of $152.60. The stock has a market cap of $70.37 billion, a price-to-earnings ratio of 17.42, a PEG ratio of 1.36 and a beta of 1.45. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.70 by $0.81. The business had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. Capital One Financial’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.45 EPS. As a group, equities analysts expect that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.30%. Capital One Financial’s payout ratio is 22.66%.

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.