KBC Group NV Sells 244,714 Shares of Capital One Financial Co. (NYSE:COF)

KBC Group NV lessened its stake in shares of Capital One Financial Co. (NYSE:COF) by 60.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 163,131 shares of the financial services provider’s stock after selling 244,714 shares during the quarter. KBC Group NV’s holdings in Capital One Financial were worth $24,426,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COF. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in shares of Capital One Financial by 21.4% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock valued at $4,093,000 after purchasing an additional 4,840 shares during the period. SageView Advisory Group LLC bought a new position in Capital One Financial during the first quarter worth about $313,000. Blair William & Co. IL boosted its position in shares of Capital One Financial by 1.2% during the first quarter. Blair William & Co. IL now owns 21,612 shares of the financial services provider’s stock worth $3,218,000 after purchasing an additional 259 shares in the last quarter. Orion Portfolio Solutions LLC increased its holdings in shares of Capital One Financial by 5.6% in the first quarter. Orion Portfolio Solutions LLC now owns 14,841 shares of the financial services provider’s stock worth $2,210,000 after acquiring an additional 792 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Capital One Financial by 0.7% during the first quarter. Vanguard Group Inc. now owns 30,893,408 shares of the financial services provider’s stock worth $4,599,720,000 after acquiring an additional 226,720 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

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

Capital One Financial Trading Up 1.2 %

COF opened at $185.12 on Friday. The company’s 50 day moving average price is $156.81 and its two-hundred day moving average price is $146.06. The firm has a market capitalization of $70.62 billion, a price-to-earnings ratio of 17.48, a PEG ratio of 1.38 and a beta of 1.43. Capital One Financial Co. has a fifty-two week low of $104.21 and a fifty-two week high of $198.30. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00.

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 for the quarter, topping the consensus estimate of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. Capital One Financial’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.45 earnings per share. As a group, research analysts predict that Capital One Financial Co. will post 13.46 earnings per share 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. Stockholders of record on Thursday, November 14th will be paid a $0.60 dividend. The ex-dividend date is Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.30%. Capital One Financial’s payout ratio is 22.66%.

Analysts Set New Price Targets

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