Robeco Institutional Asset Management B.V. Trims Stock Position in Capital One Financial Corporation $COF

Robeco Institutional Asset Management B.V. decreased its stake in Capital One Financial Corporation (NYSE:COF) by 4.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 719,380 shares of the financial services provider’s stock after selling 33,761 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Capital One Financial were worth $152,926,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. CWA Asset Management Group LLC increased its position in shares of Capital One Financial by 16.1% during the third quarter. CWA Asset Management Group LLC now owns 3,309 shares of the financial services provider’s stock worth $703,000 after purchasing an additional 459 shares in the last quarter. OLD Second National Bank of Aurora grew its stake in Capital One Financial by 7.6% during the 3rd quarter. OLD Second National Bank of Aurora now owns 18,497 shares of the financial services provider’s stock worth $3,932,000 after buying an additional 1,301 shares during the last quarter. Greenspring Advisors LLC purchased a new position in Capital One Financial during the 3rd quarter worth approximately $429,000. City Holding Co. increased its position in Capital One Financial by 26.6% during the third quarter. City Holding Co. now owns 7,779 shares of the financial services provider’s stock worth $1,654,000 after buying an additional 1,633 shares during the period. Finally, Motco lifted its stake in Capital One Financial by 220.2% in the third quarter. Motco now owns 381 shares of the financial services provider’s stock valued at $81,000 after buying an additional 262 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 1.0%

COF stock opened at $250.39 on Tuesday. The stock has a market capitalization of $159.18 billion, a PE ratio of 105.65, a price-to-earnings-growth ratio of 0.56 and a beta of 1.13. The company has a fifty day moving average of $227.70 and a 200-day moving average of $220.85. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $253.35.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The firm had revenue of $15.46 billion during the quarter. As a group, analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were issued a $0.80 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.3%. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s payout ratio is 135.02%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 17,840 shares of the business’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $222.03, for a total transaction of $3,961,015.20. Following the sale, the insider directly owned 48,315 shares in the company, valued at approximately $10,727,379.45. The trade was a 26.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lia Dean sold 3,269 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $218.15, for a total transaction of $713,132.35. Following the transaction, the insider directly owned 69,855 shares in the company, valued at approximately $15,238,868.25. This trade represents a 4.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 278,218 shares of company stock valued at $61,971,824. 1.26% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on COF shares. UBS Group lowered their target price on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. TD Cowen lifted their price objective on shares of Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Evercore ISI upped their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. Finally, HSBC raised their price target on Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a report on Thursday, October 23rd. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $270.70.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.