Capital One Financial Corporation $COF Stock Purchased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC increased its stake in Capital One Financial Corporation (NYSE:COF) by 49.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 38,021 shares of the financial services provider’s stock after buying an additional 12,587 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Capital One Financial were worth $7,341,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Moneco Advisors LLC grew its stake in shares of Capital One Financial by 1.6% in the third quarter. Moneco Advisors LLC now owns 4,008 shares of the financial services provider’s stock worth $774,000 after acquiring an additional 65 shares during the last quarter. Csenge Advisory Group raised its position in shares of Capital One Financial by 4.3% in the 3rd quarter. Csenge Advisory Group now owns 2,764 shares of the financial services provider’s stock worth $534,000 after purchasing an additional 113 shares during the last quarter. D Orazio & Associates Inc. raised its position in shares of Capital One Financial by 5.2% in the 3rd quarter. D Orazio & Associates Inc. now owns 1,616 shares of the financial services provider’s stock worth $312,000 after purchasing an additional 80 shares during the last quarter. 71 West Capital Partners raised its position in shares of Capital One Financial by 4.0% in the 3rd quarter. 71 West Capital Partners now owns 7,737 shares of the financial services provider’s stock worth $1,494,000 after purchasing an additional 301 shares during the last quarter. Finally, Gryphon Financial Partners LLC boosted its stake in Capital One Financial by 2.7% in the 3rd quarter. Gryphon Financial Partners LLC now owns 4,521 shares of the financial services provider’s stock worth $873,000 after purchasing an additional 118 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Barclays increased their price objective on shares of Capital One Financial from $237.00 to $238.00 and gave the company an “overweight” rating in a research report on Wednesday, October 21st. Morgan Stanley decreased their target price on shares of Capital One Financial from $273.00 to $267.00 and set an “overweight” rating for the company in a report on Monday, October 12th. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $227.00 to $241.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 21st. Evercore reiterated an “outperform” rating and set a $230.00 price target on shares of Capital One Financial in a report on Tuesday, October 27th. Finally, Citigroup raised their price target on shares of Capital One Financial from $280.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, October 21st. Twenty equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $256.50.

Capital One Financial Trading Down 1.5%

Shares of NYSE:COF opened at $195.63 on Wednesday. The company has a market cap of $117.68 billion, a P/E ratio of 11.55, a PEG ratio of 0.90 and a beta of 1.10. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.02 and a quick ratio of 1.02. Capital One Financial Corporation has a 1 year low of $174.24 and a 1 year high of $259.64. The stock’s fifty day moving average price is $202.88 and its 200-day moving average price is $200.56.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, October 20th. The financial services provider reported $6.69 EPS for the quarter, topping the consensus estimate of $5.53 by $1.16. Capital One Financial had a return on equity of 11.64% and a net margin of 13.70%. The company had revenue of $16.31 billion during the quarter, compared to the consensus estimate of $16.25 billion. During the same period last year, the company earned $5.95 EPS. Capital One Financial’s revenue for the quarter was up 6.4% on a year-over-year basis. Sell-side analysts expect that Capital One Financial Corporation will post 21.53 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be paid a dividend of $0.80 per share. The ex-dividend date is Monday, November 16th. This represents a $3.20 annualized dividend and a yield of 1.6%. Capital One Financial’s dividend payout ratio is currently 18.89%.

Insider Activity

In other news, insider Lia Dean sold 1,887 shares of the firm’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $195.86, for a total transaction of $369,587.82. Following the sale, the insider owned 59,308 shares of the company’s stock, valued at $11,616,064.88. This trade represents a 3.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew Cooper sold 3,500 shares of Capital One Financial stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $196.22, for a total transaction of $686,770.00. Following the completion of the sale, the general counsel owned 79,694 shares of the company’s stock, valued at $15,637,556.68. This represents a 4.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 202,145 shares of company stock worth $41,281,806. 0.78% of the stock is owned by corporate insiders.

About Capital One Financial

Capital One Financial Corporation is a bank holding company that provides credit cards, consumer banking, auto financing and commercial banking services. Its offerings include credit cards, deposit accounts, loans and financial services for businesses. The company traces its roots to a credit card business established within Signet Banking Corporation in 1988 and became an independent company in 1994. Capital One is headquartered in McLean, Virginia, and serves customers primarily in the United States, with credit card operations also in the United Kingdom.