Caprock Group LLC Sells 2,543 Shares of Capital One Financial Co. (NYSE:COF)

Caprock Group LLC lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 12.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 17,938 shares of the financial services provider’s stock after selling 2,543 shares during the quarter. Caprock Group LLC’s holdings in Capital One Financial were worth $2,686,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Osaic Holdings Inc. grew its holdings in Capital One Financial by 8.3% during the first quarter. Osaic Holdings Inc. now owns 68,119 shares of the financial services provider’s stock valued at $10,145,000 after purchasing an additional 5,198 shares during the period. Bessemer Group Inc. increased its position in shares of Capital One Financial by 52.5% in the 1st quarter. Bessemer Group Inc. now owns 30,455 shares of the financial services provider’s stock valued at $4,534,000 after buying an additional 10,480 shares in the last quarter. Lake Street Advisors Group LLC raised its stake in Capital One Financial by 52.7% during the 1st quarter. Lake Street Advisors Group LLC now owns 3,964 shares of the financial services provider’s stock worth $590,000 after buying an additional 1,368 shares during the period. Pitcairn Co. lifted its holdings in Capital One Financial by 4.0% during the first quarter. Pitcairn Co. now owns 8,774 shares of the financial services provider’s stock worth $1,306,000 after acquiring an additional 340 shares in the last quarter. Finally, MQS Management LLC grew its stake in Capital One Financial by 50.8% in the first quarter. MQS Management LLC now owns 3,175 shares of the financial services provider’s stock valued at $473,000 after acquiring an additional 1,069 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Capital One Financial news, 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 transaction of $323,765.78. Following the transaction, the insider now owns 19,776 shares in the company, valued at $3,211,029.12. This represents a 9.16 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,007 shares of company stock valued at $4,982,647. Insiders own 1.30% of the company’s stock.

Capital One Financial Trading Down 1.0 %

Shares of NYSE:COF opened at $181.00 on Wednesday. The company has a 50-day simple moving average of $159.40 and a 200 day simple moving average of $146.95. The company has a market capitalization of $69.05 billion, a P/E ratio of 17.09, a price-to-earnings-growth ratio of 1.37 and a beta of 1.43. 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 Co. has a 52-week low of $105.39 and a 52-week high of $198.30.

Capital One Financial (NYSE:COF) last released its quarterly earnings data 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 firm had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company earned $4.45 earnings per share. Sell-side analysts forecast that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.33%. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Barclays raised their price target 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. 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 note on Monday, October 7th. Royal Bank of Canada increased their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research report on Friday, October 25th. 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 price objective on the stock. Finally, Evercore ISI increased their target price 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. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial presently has an average rating of “Hold” and a consensus price target of $160.18.

Capital One Financial 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.