Capital One Financial Co. (NYSE:COF) Shares Sold by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can decreased its holdings in Capital One Financial Co. (NYSE:COF) by 2.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 379,780 shares of the financial services provider’s stock after selling 10,177 shares during the quarter. Great West Life Assurance Co. Can owned 0.10% of Capital One Financial worth $41,747,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of COF. Gabelli Funds LLC increased its position in shares of Capital One Financial by 10.6% in the second quarter. Gabelli Funds LLC now owns 15,500 shares of the financial services provider’s stock worth $1,695,000 after acquiring an additional 1,490 shares in the last quarter. Oxford Financial Group Ltd. acquired a new position in Capital One Financial in the 2nd quarter worth approximately $277,000. Commonwealth Equity Services LLC grew its position in Capital One Financial by 2.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 153,975 shares of the financial services provider’s stock worth $16,840,000 after purchasing an additional 3,033 shares in the last quarter. Thompson Siegel & Walmsley LLC raised its stake in Capital One Financial by 363.6% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 3,825 shares of the financial services provider’s stock valued at $418,000 after purchasing an additional 3,000 shares during the period. Finally, Blume Capital Management Inc. lifted its holdings in shares of Capital One Financial by 2.8% in the second quarter. Blume Capital Management Inc. now owns 64,834 shares of the financial services provider’s stock valued at $7,091,000 after purchasing an additional 1,745 shares in the last quarter. Institutional investors own 90.09% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In related news, CEO Richard D. Fairbank sold 3,891 shares of the business’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $102.00, for a total transaction of $396,882.00. Following the completion of the transaction, the chief executive officer now owns 3,848,412 shares of the company’s stock, valued at approximately $392,538,024. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Richard D. Fairbank sold 3,891 shares of the firm’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $102.00, for a total value of $396,882.00. Following the sale, the chief executive officer now owns 3,848,412 shares in the company, valued at $392,538,024. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Ann F. Hackett sold 8,000 shares of the business’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $106.47, for a total transaction of $851,760.00. Following the transaction, the director now directly owns 61,980 shares in the company, valued at approximately $6,599,010.60. The disclosure for this sale can be found here. Insiders sold 23,563 shares of company stock worth $2,460,505 over the last ninety days. Company insiders own 1.27% of the company’s stock.

Capital One Financial Stock Down 0.5 %

Shares of COF stock opened at $107.16 on Tuesday. The stock’s 50 day simple moving average is $98.93 and its 200 day simple moving average is $103.76. Capital One Financial Co. has a twelve month low of $83.93 and a twelve month high of $123.09. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market capitalization of $40.81 billion, a price-to-earnings ratio of 8.05, a PEG ratio of 1.90 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, October 26th. The financial services provider reported $4.45 EPS for the quarter, beating analysts’ consensus estimates of $3.35 by $1.10. The company had revenue of $9.37 billion for the quarter, compared to analyst estimates of $9.21 billion. Capital One Financial had a net margin of 11.43% and a return on equity of 9.77%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm posted $4.20 earnings per share. As a group, research analysts predict that Capital One Financial Co. will post 12.55 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Shareholders of record on Monday, November 13th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Friday, November 10th. Capital One Financial’s dividend payout ratio is 18.03%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Bank of America dropped their price target on Capital One Financial from $116.00 to $111.00 in a research report on Thursday, October 5th. StockNews.com initiated coverage on shares of Capital One Financial in a research report on Thursday, October 5th. They issued a “hold” rating for the company. Morgan Stanley boosted their price objective on shares of Capital One Financial from $86.00 to $87.00 and gave the company an “underweight” rating in a research report on Friday, October 27th. The Goldman Sachs Group cut their target price on shares of Capital One Financial from $120.00 to $114.00 in a research report on Monday, October 2nd. Finally, HSBC started coverage on shares of Capital One Financial in a report on Friday, October 13th. They set a “reduce” rating and a $84.00 price target on the stock. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, Capital One Financial presently has an average rating of “Hold” and a consensus target price of $106.36.

Capital One Financial Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides 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.