Capital One Financial Co. (NYSE:COF) Shares Sold by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. decreased its holdings in Capital One Financial Co. (NYSE:COF) by 1.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 12,284 shares of the financial services provider’s stock after selling 228 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Capital One Financial were worth $1,839,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Capital Research Global Investors boosted its stake in shares of Capital One Financial by 72.8% during the 1st quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider’s stock worth $3,145,761,000 after acquiring an additional 8,900,241 shares in the last quarter. Clearbridge Investments LLC increased its stake in Capital One Financial by 5.5% in the 2nd quarter. Clearbridge Investments LLC now owns 3,663,439 shares of the financial services provider’s stock worth $507,203,000 after purchasing an additional 189,843 shares in the last quarter. Legal & General Group Plc raised its holdings in Capital One Financial by 2.5% during the 2nd quarter. Legal & General Group Plc now owns 3,331,196 shares of the financial services provider’s stock worth $461,204,000 after buying an additional 79,908 shares during the period. Janus Henderson Group PLC lifted its stake in Capital One Financial by 0.5% during the first quarter. Janus Henderson Group PLC now owns 1,216,724 shares of the financial services provider’s stock valued at $181,155,000 after buying an additional 5,473 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in Capital One Financial by 31.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,214,929 shares of the financial services provider’s stock valued at $180,892,000 after buying an additional 292,978 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 1.2 %

COF stock opened at $182.86 on Tuesday. Capital One Financial Co. has a 1 year low of $105.39 and a 1 year high of $198.30. The company has a fifty day simple moving average of $158.54 and a 200 day simple moving average of $146.68. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The firm has a market cap of $69.76 billion, a PE ratio of 17.27, a PEG ratio of 1.37 and a beta of 1.43.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. The business had revenue of $10 billion for 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%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.45 EPS. Sell-side analysts anticipate that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.31%. The ex-dividend date is Thursday, November 14th. Capital One Financial’s dividend payout ratio is currently 22.66%.

Insider Buying and Selling

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the transaction, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. The trade was a 26.05 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the 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 of the company’s stock, valued at $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,007 shares of company stock worth $4,982,647 in the last quarter. 1.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on COF. Citigroup started coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 target price on the stock. Royal Bank of Canada boosted their target price 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. Evercore ISI raised their target price on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Robert W. Baird upped their price target on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Finally, Barclays raised their price objective on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $156.35.

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.