Capital One Financial Co. (NYSE:COF) Stake Boosted by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans grew its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 12.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 608,581 shares of the financial services provider's stock after acquiring an additional 69,110 shares during the period. Thrivent Financial for Lutherans owned about 0.16% of Capital One Financial worth $91,123,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. LRI Investments LLC purchased a new position in Capital One Financial during the first quarter valued at $25,000. Y.D. More Investments Ltd purchased a new position in Capital One Financial during the second quarter valued at $28,000. Hobbs Group Advisors LLC purchased a new position in Capital One Financial during the second quarter valued at $29,000. Unique Wealth Strategies LLC purchased a new position in Capital One Financial during the second quarter valued at $36,000. Finally, Catalyst Capital Advisors LLC purchased a new position in Capital One Financial during the third quarter valued at $36,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

Shares of Capital One Financial stock traded down $2.28 on Monday, hitting $182.86. The company's stock had a trading volume of 2,501,391 shares, compared to its average volume of 2,575,045. Capital One Financial Co. has a 52-week low of $105.39 and a 52-week high of $198.30. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The firm has a fifty day moving average price of $157.74 and a 200-day moving average price of $146.39. The company has a market capitalization of $69.76 billion, a P/E ratio of 17.38, a price-to-earnings-growth ratio of 1.37 and a beta of 1.43.

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 EPS for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. The company had revenue of $10 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.45 EPS. On average, equities research analysts expect that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial's dividend payout ratio is presently 22.66%.

Insiders Place Their Bets

In related news, insider Michael Zamsky sold 10,541 shares of the firm's stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the sale, the insider now directly owns 19,776 shares in the company, valued at $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 sold a total of 29,007 shares of company stock worth $4,982,647 in the last 90 days. 1.30% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on COF shares. Royal Bank of Canada increased their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a report on Friday, October 25th. Robert W. Baird increased their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a research report on Friday, October 25th. Evercore ISI increased their target price on shares of 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. Barclays increased their target price on shares of 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. Finally, Citigroup began coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a "buy" rating and a $190.00 target price for the company. Eleven 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, Capital One Financial presently has an average rating of "Hold" and an average price target of $156.35.

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.