Capital One Financial Co. (NYSE:COF) Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. trimmed its stake in shares of Capital One Financial Co. (NYSE:COF) by 1.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 146,800 shares of the financial services provider’s stock after selling 2,900 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Capital One Financial were worth $21,980,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. LRI Investments LLC purchased a new stake in shares of Capital One Financial in the first quarter valued at about $25,000. Y.D. More Investments Ltd purchased a new stake in Capital One Financial in the 2nd quarter valued at approximately $28,000. Hobbs Group Advisors LLC acquired a new position in Capital One Financial during the 2nd quarter worth approximately $29,000. Unique Wealth Strategies LLC purchased a new position in shares of Capital One Financial during the 2nd quarter worth approximately $36,000. Finally, Creative Financial Designs Inc. ADV lifted its holdings in shares of Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after buying an additional 166 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on COF shares. Bank of America upped their price objective on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research report on Monday, October 7th. Evercore ISI upped their target price on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Barclays lifted their price target on 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. Finally, Royal Bank of Canada increased 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. Eleven analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, Capital One Financial currently has a consensus rating of “Hold” and a consensus price target of $156.35.

Insiders Place Their Bets

In other news, insider Frank G. LapradeIii sold 15,751 shares of the business’s stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the sale, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.30% of the stock is currently owned by insiders.

Capital One Financial Price Performance

COF stock opened at $161.28 on Tuesday. The stock has a market capitalization of $61.59 billion, a price-to-earnings ratio of 15.23, a price-to-earnings-growth ratio of 1.24 and a beta of 1.43. The stock’s fifty day simple moving average is $150.51 and its 200-day simple moving average is $143.94. Capital One Financial Co. has a 52-week low of $102.63 and a 52-week high of $167.93. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78.

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

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.49%. Capital One Financial’s dividend payout ratio (DPR) 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.