SageView Advisory Group LLC Sells 600 Shares of Capital One Financial Co. (NYSE:COF)

SageView Advisory Group LLC lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 7.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,014 shares of the financial services provider’s stock after selling 600 shares during the quarter. SageView Advisory Group LLC’s holdings in Capital One Financial were worth $1,050,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of COF. Quantinno Capital Management LP grew its stake in shares of Capital One Financial by 72.2% during the 3rd quarter. Quantinno Capital Management LP now owns 42,640 shares of the financial services provider’s stock worth $6,385,000 after acquiring an additional 17,881 shares during the period. Royal London Asset Management Ltd. boosted its position in Capital One Financial by 1.5% during the third quarter. Royal London Asset Management Ltd. now owns 152,933 shares of the financial services provider’s stock worth $22,899,000 after purchasing an additional 2,297 shares during the period. Resurgent Financial Advisors LLC bought a new stake in shares of Capital One Financial in the third quarter valued at approximately $233,000. Point72 Asset Management L.P. boosted its holdings in Capital One Financial by 26.7% in the 3rd quarter. Point72 Asset Management L.P. now owns 612,147 shares of the financial services provider’s stock worth $91,657,000 after buying an additional 128,812 shares during the period. Finally, Investment Management Corp of Ontario grew its stake in Capital One Financial by 46.2% in the 3rd quarter. Investment Management Corp of Ontario now owns 12,653 shares of the financial services provider’s stock valued at $1,895,000 after buying an additional 4,000 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $185.57 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a 52-week low of $113.42 and a 52-week high of $198.30. The company has a fifty day moving average of $169.63 and a 200-day moving average of $150.66. The stock has a market capitalization of $70.80 billion, a price-to-earnings ratio of 17.52, a price-to-earnings-growth ratio of 1.36 and a beta of 1.45.

Capital One Financial (NYSE:COF) last posted its quarterly 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 net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same period in the prior year, the business posted $4.45 earnings per share. The company’s revenue was up 6.8% on a year-over-year basis. Equities research analysts expect that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.29%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio is presently 22.66%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on COF shares. JPMorgan Chase & Co. increased their target price on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research report on Monday, October 7th. Royal Bank of Canada lifted their target price 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. Robert W. Baird increased their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Barclays upped their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Finally, Evercore ISI raised their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $160.18.

Insider Buying and Selling

In other news, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider now owns 26,482 shares in the company, valued at approximately $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 Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction on Thursday, October 17th. The stock was 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 directly owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock worth $4,982,647 in the last ninety days. 1.30% of the stock is owned by insiders.

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.