Capital One Financial Co. (NYSE:COF) Shares Sold by Heritage Investors Management Corp

Heritage Investors Management Corp decreased its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 2.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 142,066 shares of the financial services provider's stock after selling 3,536 shares during the period. Heritage Investors Management Corp's holdings in Capital One Financial were worth $21,272,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of COF. Allspring Global Investments Holdings LLC boosted its stake in shares of Capital One Financial by 4.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 88,881 shares of the financial services provider's stock worth $13,233,000 after buying an additional 4,143 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in Capital One Financial by 1.1% during the first quarter. Janney Montgomery Scott LLC now owns 82,286 shares of the financial services provider's stock valued at $12,252,000 after purchasing an additional 911 shares in the last quarter. Choreo LLC lifted its position in Capital One Financial by 33.3% during the first quarter. Choreo LLC now owns 2,828 shares of the financial services provider's stock valued at $421,000 after purchasing an additional 706 shares in the last quarter. Nordea Investment Management AB lifted its position in Capital One Financial by 2.8% during the first quarter. Nordea Investment Management AB now owns 27,418 shares of the financial services provider's stock valued at $4,077,000 after purchasing an additional 736 shares in the last quarter. Finally, Whittier Trust Co. lifted its position in Capital One Financial by 87.9% during the first quarter. Whittier Trust Co. now owns 4,059 shares of the financial services provider's stock valued at $604,000 after purchasing an additional 1,899 shares in the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

COF has been the topic of several analyst reports. Barclays lifted their target price on Capital One Financial from $154.00 to $158.00 and gave the company an "equal weight" rating in a research report on Tuesday, October 8th. Citigroup started coverage on Capital One Financial in a report on Friday, September 20th. They set a "buy" rating and a $190.00 price target on the stock. Evercore ISI raised their price target 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. Robert W. Baird raised their price target on Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a report on Friday, October 25th. Finally, Royal Bank of Canada raised their price target on Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a report on Friday, October 25th. Eleven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of "Hold" and a consensus price target of $156.35.

Insider Transactions at Capital One Financial

In other news, insider Frank G. LapradeIii sold 15,751 shares of the company's stock in a transaction that occurred on Thursday, October 17th. The shares were 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 represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.30% of the company's stock.

Capital One Financial Trading Up 3.0 %

Shares of NYSE:COF traded up $4.76 during trading hours on Tuesday, hitting $166.04. 2,489,036 shares of the company's stock traded hands, compared to its average volume of 2,484,192. Capital One Financial Co. has a 1 year low of $102.63 and a 1 year high of $167.93. The business has a fifty day moving average price of $150.99 and a 200-day moving average price of $144.10. The firm has a market capitalization of $63.35 billion, a P/E ratio of 15.68, a price-to-earnings-growth ratio of 1.24 and a beta of 1.43. 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 - 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, beating the consensus estimate 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 analyst estimates of $9.88 billion. During the same quarter in the previous year, the business earned $4.45 earnings per share. The company's revenue for the quarter was up 6.8% compared to the same quarter last year. Equities analysts expect that Capital One Financial Co. will post 13.17 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders 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 1.45%. The ex-dividend date is Thursday, November 14th. Capital One Financial's dividend payout ratio is 22.66%.

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.