Sanctuary Advisors LLC Buys 12,979 Shares of Capital One Financial Co. (NYSE:COF)

Sanctuary Advisors LLC raised its position in Capital One Financial Co. (NYSE:COF - Free Report) by 13.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 109,036 shares of the financial services provider's stock after acquiring an additional 12,979 shares during the period. Sanctuary Advisors LLC's holdings in Capital One Financial were worth $16,326,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of COF. State Street Corp raised its position in Capital One Financial by 0.5% in the third quarter. State Street Corp now owns 16,506,861 shares of the financial services provider's stock worth $2,471,572,000 after purchasing an additional 74,784 shares in the last quarter. Fisher Asset Management LLC grew its holdings in Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider's stock worth $1,451,527,000 after acquiring an additional 72,097 shares during the last quarter. Geode Capital Management LLC increased its position in Capital One Financial by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider's stock valued at $1,198,664,000 after acquiring an additional 159,616 shares in the last quarter. FMR LLC raised its stake in shares of Capital One Financial by 21.4% in the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider's stock worth $994,350,000 after acquiring an additional 1,169,395 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its position in shares of Capital One Financial by 5.5% during the second quarter. Clearbridge Investments LLC now owns 3,663,439 shares of the financial services provider's stock worth $507,203,000 after purchasing an additional 189,843 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Citigroup started coverage on Capital One Financial in a report on Friday, September 20th. They set a "buy" rating and a $190.00 price objective on the stock. 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. Royal Bank of Canada upped their target price on shares of Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a research report on Friday, October 25th. 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 report on Wednesday, October 30th. Finally, Bank of America lowered shares of Capital One Financial from a "buy" rating to a "neutral" rating and cut their price objective for the company from $203.00 to $200.00 in a report on Monday. Twelve equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $168.47.

Capital One Financial Price Performance

COF stock traded down $0.39 during trading on Friday, reaching $184.36. 813,861 shares of the company were exchanged, compared to its average volume of 2,561,359. The company has a market capitalization of $70.34 billion, a price-to-earnings ratio of 17.41, a P/E/G ratio of 1.36 and a beta of 1.45. 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 company has a 50-day moving average of $173.44 and a two-hundred day moving average of $152.27. Capital One Financial Co. has a twelve month low of $123.23 and a twelve month high of $198.30.

Capital One Financial (NYSE:COF - Get Free Report) last issued 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 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 analysts' expectations of $9.88 billion. During the same quarter in the prior year, the firm earned $4.45 EPS. The business's revenue for the quarter was up 6.8% compared to the same quarter last year. As a group, equities analysts predict that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.30%. The ex-dividend date was Thursday, November 14th. Capital One Financial's dividend payout ratio (DPR) is currently 22.66%.

Insider Activity

In other news, insider Michael Zamsky sold 10,541 shares of the company's stock in a transaction 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 sale, the insider now directly owns 26,482 shares of the company's stock, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the business's stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 26.05 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 29,007 shares of company stock valued at $4,982,647. Insiders own 1.30% of the company's stock.

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.