Capital One Financial Co. (NYSE:COF) Stake Trimmed by KBC Group NV

KBC Group NV decreased its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 60.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 163,131 shares of the financial services provider's stock after selling 244,714 shares during the period. KBC Group NV's holdings in Capital One Financial were worth $24,426,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Oppenheimer Asset Management Inc. increased its stake in Capital One Financial by 0.4% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 84,968 shares of the financial services provider's stock worth $12,722,000 after buying an additional 338 shares during the period. Aptus Capital Advisors LLC boosted its holdings in Capital One Financial by 13.8% in the third quarter. Aptus Capital Advisors LLC now owns 5,426 shares of the financial services provider's stock valued at $812,000 after purchasing an additional 658 shares during the last quarter. Aigen Investment Management LP acquired a new stake in Capital One Financial during the 3rd quarter valued at approximately $517,000. Sumitomo Mitsui Trust Group Inc. increased its holdings in Capital One Financial by 1.6% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 871,047 shares of the financial services provider's stock worth $130,422,000 after purchasing an additional 13,972 shares during the last quarter. Finally, Harbour Investments Inc. raised its position in shares of Capital One Financial by 0.7% in the 3rd quarter. Harbour Investments Inc. now owns 9,579 shares of the financial services provider's stock valued at $1,434,000 after purchasing an additional 71 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Analysts Set New Price Targets

COF has been the subject of a number of research analyst reports. Evercore ISI lifted their price target 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. JPMorgan Chase & Co. lifted their price target on 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 initiated coverage on Capital One Financial in a report on Friday, September 20th. They set a "buy" rating and a $190.00 target price on the stock. Royal Bank of Canada lifted their target price on 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. Finally, Barclays lifted their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Eleven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $156.35.

Insider Activity at Capital One Financial

In other news, 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 value of $2,005,530.66. Following the transaction, the insider now owns 26,482 shares of the company's stock, valued at $5,038,465.32. The trade was a 28.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 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 transaction of $323,765.78. Following the sale, the insider now directly owns 19,776 shares of the company's stock, valued at approximately $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 over the last quarter. 1.30% of the stock is currently owned by company insiders.

Capital One Financial Stock Performance

COF traded up $2.14 during trading hours on Friday, hitting $185.14. The company's stock had a trading volume of 4,122,382 shares, compared to its average volume of 2,575,321. The company has a 50-day simple moving average of $157.74 and a 200 day simple moving average of $146.34. 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 capitalization of $70.63 billion, a PE 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.

Capital One Financial (NYSE:COF - Get Free Report) last issued 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. The business 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%. The company's revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the business earned $4.45 earnings per share. As a group, sell-side analysts expect that Capital One Financial Co. will post 13.46 EPS for the current year.

Capital One Financial Announces Dividend

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

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.