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

Sanctuary Advisors LLC raised its stake in Capital One Financial Co. (NYSE:COF) by 13.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 109,036 shares of the financial services provider’s stock after purchasing 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 hedge funds and other institutional investors also recently bought and sold shares of COF. 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 valued at $994,350,000 after purchasing an additional 1,169,395 shares in the last quarter. Eminence Capital LP acquired a new position in shares of Capital One Financial in the 2nd quarter valued at $127,465,000. Wellington Management Group LLP lifted its holdings in shares of Capital One Financial by 268.7% during the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after acquiring an additional 710,881 shares during the period. Southpoint Capital Advisors LP acquired a new stake in shares of Capital One Financial during the 3rd quarter valued at about $104,811,000. Finally, International Assets Investment Management LLC increased its stake in Capital One Financial by 123.4% in the second quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider’s stock valued at $107,016,000 after acquiring an additional 427,000 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Kara West sold 721 shares of Capital One Financial stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the sale, the insider now owns 12,929 shares of the company’s stock, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 29,007 shares of company stock valued at $4,982,647. Company insiders own 1.30% of the company’s stock.

Capital One Financial Price Performance

Capital One Financial stock opened at $184.68 on Friday. The firm has a market capitalization of $70.46 billion, a P/E ratio of 17.44, a PEG ratio of 1.36 and a beta of 1.45. The business has a 50-day moving average of $173.44 and a 200-day moving average of $152.27. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 1 year low of $120.07 and a 1 year high of $198.30.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating the consensus estimate of $3.70 by $0.81. The firm 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 business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.45 earnings per share. On average, equities analysts anticipate that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a dividend of $0.60 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.30%. Capital One Financial’s dividend payout ratio is presently 22.66%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on COF shares. Royal Bank of Canada upped their price objective on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. Barclays increased their price objective on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. Bank of America lowered shares of Capital One Financial from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $203.00 to $200.00 in a report on Monday. Citigroup initiated coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price target on the stock. Finally, The Goldman Sachs Group raised their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Twelve research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Capital One Financial currently has a consensus rating of “Hold” and a consensus price target of $168.47.

Capital One Financial Company 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.