National Pension Service raised its stake in Capital One Financial Corp. (NYSE:COF) by 8.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 368,480 shares of the financial services provider’s stock after buying an additional 29,312 shares during the period. National Pension Service owned approximately 0.07% of Capital One Financial Corp. worth $26,468,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Acrospire Investment Management LLC boosted its position in shares of Capital One Financial Corp. by 70.0% in the second quarter. Acrospire Investment Management LLC now owns 1,700 shares of the financial services provider’s stock worth $108,000 after buying an additional 700 shares during the last quarter. Cobiz Investment Management LLC purchased a new position in shares of Capital One Financial Corp. during the third quarter worth approximately $206,000. Culbertson A N & Co. Inc. purchased a new position in shares of Capital One Financial Corp. during the third quarter worth approximately $220,000. Banced Corp purchased a new position in shares of Capital One Financial Corp. during the second quarter worth approximately $229,000. Finally, Seven Eight Capital LLC purchased a new position in shares of Capital One Financial Corp. during the first quarter worth approximately $222,000. Hedge funds and other institutional investors own 89.72% of the company’s stock.

Institutional Ownership by Quarter for Capital One Financial Corp. (NYSE:COF)

Capital One Financial Corp. (NYSE:COF) traded down 0.04% during midday trading on Tuesday, hitting $83.21. 429,851 shares of the company were exchanged. Capital One Financial Corp. has a 1-year low of $58.03 and a 1-year high of $84.80. The stock has a 50 day moving average of $76.57 and a 200-day moving average of $70.73. The stock has a market capitalization of $41.70 billion, a price-to-earnings ratio of 11.89 and a beta of 1.21.

Capital One Financial Corp. (NYSE:COF) last announced its quarterly earnings data on Tuesday, October 25th. The financial services provider reported $2.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.94 by $0.09. The business had revenue of $6.46 billion for the quarter, compared to analysts’ expectations of $432.47 million. Capital One Financial Corp. had a net margin of 14.37% and a return on equity of 8.44%. The business’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.10 earnings per share. Equities analysts expect that Capital One Financial Corp. will post $7.06 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 25th. Shareholders of record on Monday, November 14th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date was Wednesday, November 9th. Capital One Financial Corp.’s dividend payout ratio (DPR) is presently 22.82%.

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COF has been the subject of a number of research reports. Stifel Nicolaus cut Capital One Financial Corp. from a “buy” rating to a “hold” rating and increased their price target for the company from $76.00 to $84.00 in a research note on Monday, November 14th. Oppenheimer Holdings Inc. reiterated an “underperform” rating and issued a $60.00 price target (up from $59.00) on shares of Capital One Financial Corp. in a research note on Sunday, October 30th. Nomura reiterated a “neutral” rating and issued a $72.00 price target on shares of Capital One Financial Corp. in a research note on Wednesday, October 5th. Zacks Investment Research upgraded Capital One Financial Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, September 27th. Finally, Wedbush initiated coverage on Capital One Financial Corp. in a research note on Monday, October 10th. They issued a “neutral” rating and a $78.00 price target for the company. Four investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and thirteen have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $79.31.

In other news, CEO Richard D. Fairbank sold 4,300 shares of the stock in a transaction that occurred on Monday, October 31st. The shares were sold at an average price of $75.12, for a total transaction of $323,016.00. Following the sale, the chief executive officer now owns 2,597,316 shares in the company, valued at $195,110,377.92. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Richard D. Fairbank sold 873,024 shares of the stock in a transaction that occurred on Friday, November 11th. The shares were sold at an average price of $77.63, for a total transaction of $67,772,853.12. Following the sale, the chief executive officer now owns 2,809,767 shares in the company, valued at approximately $218,122,212.21. The disclosure for this sale can be found here. 1.94% of the stock is currently owned by company insiders.

About Capital One Financial Corp.

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