Thrivent Financial for Lutherans Sells 32,561 Shares of Capital One Financial Co. (NYSE:COF)

Thrivent Financial for Lutherans decreased its position in Capital One Financial Co. (NYSE:COF - Free Report) by 5.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 539,471 shares of the financial services provider's stock after selling 32,561 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.14% of Capital One Financial worth $74,690,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in COF. Silicon Valley Capital Partners bought a new position in shares of Capital One Financial in the 1st quarter worth about $25,000. LRI Investments LLC purchased a new position in shares of Capital One Financial during the first quarter valued at approximately $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial in the 2nd quarter worth approximately $28,000. Hobbs Group Advisors LLC purchased a new stake in shares of Capital One Financial in the 2nd quarter worth approximately $29,000. Finally, Bartlett & CO. Wealth Management LLC increased its position in Capital One Financial by 726.7% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider's stock valued at $33,000 after buying an additional 218 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Performance

Shares of NYSE:COF traded down $0.77 during trading on Friday, hitting $152.28. The company's stock had a trading volume of 3,417,019 shares, compared to its average volume of 2,494,014. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $57.90 billion, a price-to-earnings ratio of 11.92, a P/E/G ratio of 1.08 and a beta of 1.44. The company has a 50-day moving average of $142.56 and a 200-day moving average of $140.90. Capital One Financial Co. has a 12 month low of $88.23 and a 12 month high of $153.36.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing the consensus estimate of $3.28 by ($0.14). The business had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The firm's revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.52 earnings per share. On average, sell-side analysts expect that Capital One Financial Co. will post 13.1 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial's payout ratio is 18.79%.

Insider Transactions at Capital One Financial

In related news, insider Robert M. Alexander sold 30,742 shares of the business's stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the completion of the transaction, the insider now directly owns 73,734 shares in the company, valued at approximately $11,060,100. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the sale, the chief executive officer now owns 40,934 shares of the company's stock, valued at approximately $5,438,491.24. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on COF shares. Citigroup assumed coverage on Capital One Financial in a report on Friday. They issued a "buy" rating and a $190.00 target price on the stock. BTIG Research assumed coverage on shares of Capital One Financial in a research note on Friday, June 7th. They issued a "neutral" rating on the stock. Bank of America raised their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the company a "buy" rating in a research note on Wednesday, July 24th. Jefferies Financial Group upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating and upped their target price for the stock from $145.00 to $165.00 in a research note on Thursday, June 6th. Finally, Evercore ISI cut their price target on shares of Capital One Financial from $155.00 to $154.00 and set an "in-line" rating on the stock in a report on Tuesday, June 25th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $147.21.

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.