Capital One Financial Co. (NYSE:COF) Shares Sold by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec lessened its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 83.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,500 shares of the financial services provider's stock after selling 22,750 shares during the quarter. Caisse DE Depot ET Placement DU Quebec's holdings in Capital One Financial were worth $674,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial during the second quarter worth $28,000. Hobbs Group Advisors LLC acquired a new position in Capital One Financial in the second quarter valued at about $29,000. Unique Wealth Strategies LLC acquired a new position in Capital One Financial in the second quarter valued at about $36,000. Catalyst Capital Advisors LLC acquired a new position in Capital One Financial in the third quarter valued at about $36,000. Finally, Creative Financial Designs Inc. ADV lifted its position in shares of Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider's stock worth $43,000 after purchasing an additional 166 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Insider Buying and Selling

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the firm's stock in a transaction 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 completion of the sale, the insider now owns 44,711 shares of the company's stock, valued at approximately $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kara West sold 721 shares of the firm's stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares of the company's stock, valued at approximately $2,388,374.17. This trade represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock valued at $4,982,647 over the last three months. 1.30% of the stock is currently owned by company insiders.

Capital One Financial Stock Performance

Shares of COF traded down $1.55 during mid-day trading on Wednesday, reaching $185.51. 1,783,635 shares of the company's stock were exchanged, compared to its average volume of 2,568,345. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market capitalization of $70.77 billion, a PE ratio of 17.52, a price-to-earnings-growth ratio of 1.37 and a beta of 1.45. The business's fifty day simple moving average is $168.88 and its 200-day simple moving average is $150.42. Capital One Financial Co. has a 52-week low of $113.42 and a 52-week high of $198.30.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same period last year, the firm posted $4.45 earnings per share. The company's revenue for the quarter was up 6.8% compared to the same quarter last year. On average, equities research analysts expect that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared 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. This represents a $2.40 annualized dividend and a dividend yield of 1.29%. The ex-dividend date was Thursday, November 14th. Capital One Financial's dividend payout ratio is presently 22.66%.

Analyst Ratings Changes

Several brokerages have recently issued reports on COF. Barclays increased their price target on shares of 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. upped their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a "neutral" rating in a research note on Monday, October 7th. Citigroup assumed coverage on shares of Capital One Financial in a research note on Friday, September 20th. They set a "buy" rating and a $190.00 target price on the stock. Robert W. Baird upped their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a research note on Friday, October 25th. Finally, Evercore ISI upped their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an "in-line" rating in a research note on Wednesday, October 30th. Eleven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock 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.