Teachers Retirement System of The State of Kentucky Sells 146,995 Shares of Capital One Financial Co. (NYSE:COF)

Teachers Retirement System of The State of Kentucky reduced its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 83.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,835 shares of the financial services provider's stock after selling 146,995 shares during the quarter. Teachers Retirement System of The State of Kentucky's holdings in Capital One Financial were worth $4,318,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Y.D. More Investments Ltd acquired a new stake in Capital One Financial during the 2nd quarter worth approximately $28,000. Hobbs Group Advisors LLC bought a new stake in shares of Capital One Financial in the second quarter valued at about $29,000. Unique Wealth Strategies LLC bought a new stake in shares of Capital One Financial in the second quarter valued at about $36,000. Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial in the third quarter valued at about $36,000. Finally, Creative Financial Designs Inc. ADV increased its position in 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 acquiring an additional 166 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Capital One Financial

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm's 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 $3,211,029.12. This trade represents a 9.16 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Michael Zamsky sold 10,541 shares of the business's stock in a transaction 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 transaction, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Citigroup began coverage on shares of Capital One Financial in a research report on Friday, September 20th. They set a "buy" rating and a $190.00 target price on the stock. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $162.00 to $186.00 and gave the stock a "neutral" rating in a research note on Monday, December 9th. 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 research report on Wednesday, October 30th. Bank of America lowered shares of Capital One Financial from a "buy" rating to a "neutral" rating and decreased their target price for the company from $203.00 to $200.00 in a report on Monday, December 9th. Finally, Robert W. Baird upped their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a report on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, Capital One Financial currently has a consensus rating of "Hold" and an average price target of $171.50.

Capital One Financial Trading Down 0.1 %

Shares of NYSE:COF traded down $0.22 during midday trading on Friday, hitting $184.53. 2,053,171 shares of the stock were exchanged, compared to its average volume of 2,566,816. 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 12 month low of $123.23 and a 12 month high of $198.30. The business's 50-day moving average price is $174.06 and its 200 day moving average price is $152.60. The stock has a market capitalization of $70.40 billion, a price-to-earnings ratio of 17.42, a P/E/G ratio of 1.36 and a beta of 1.45.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same period in the prior year, the business posted $4.45 earnings per share. Capital One Financial's quarterly revenue was up 6.8% on a year-over-year basis. Analysts predict that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial's payout ratio is presently 22.66%.

Capital One Financial Company 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.