Mutual of America Capital Management LLC Sells 1,161 Shares of Capital One Financial Co. (NYSE:COF)

Mutual of America Capital Management LLC lowered its holdings in shares of Capital One Financial Co. (NYSE:COF) by 2.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 47,024 shares of the financial services provider’s stock after selling 1,161 shares during the period. Mutual of America Capital Management LLC’s holdings in Capital One Financial were worth $7,041,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Prossimo Advisors LLC lifted its stake in shares of Capital One Financial by 2.4% in the 3rd quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock valued at $410,000 after acquiring an additional 65 shares during the last quarter. Arkadios Wealth Advisors lifted its position in Capital One Financial by 3.9% in the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock valued at $266,000 after purchasing an additional 66 shares during the last quarter. Harbour Investments Inc. boosted its stake in shares of Capital One Financial by 0.7% during the third quarter. Harbour Investments Inc. now owns 9,579 shares of the financial services provider’s stock valued at $1,434,000 after purchasing an additional 71 shares during the period. Arvest Investments Inc. grew its holdings in shares of Capital One Financial by 1.2% in the third quarter. Arvest Investments Inc. now owns 6,513 shares of the financial services provider’s stock worth $975,000 after purchasing an additional 75 shares during the last quarter. Finally, Bangor Savings Bank increased its stake in shares of Capital One Financial by 20.8% in the third quarter. Bangor Savings Bank now owns 448 shares of the financial services provider’s stock worth $67,000 after buying an additional 77 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of COF opened at $182.86 on Tuesday. The firm’s 50-day simple moving average is $158.54 and its two-hundred day simple moving average is $146.68. Capital One Financial Co. has a fifty-two week low of $105.39 and a fifty-two week high of $198.30. The stock has a market cap of $69.76 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 1.37 and a beta of 1.43. 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 (NYSE:COF) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same quarter last year, the company earned $4.45 EPS. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. Analysts anticipate that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Thursday, November 14th. Capital One Financial’s payout ratio is 22.66%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Evercore ISI increased 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 research report on Wednesday, October 30th. Bank of America increased their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Citigroup assumed coverage on Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday, October 7th. Finally, Royal Bank of Canada boosted their target price 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. Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $156.35.

Insider Buying and Selling at Capital One Financial

In other news, insider Kara West sold 721 shares of the company’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the transaction, the insider now directly owns 12,929 shares of the company’s stock, valued at $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the sale, the insider now owns 44,711 shares of the company’s stock, valued at $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. In the last ninety days, insiders sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is owned by corporate insiders.

About Capital One Financial

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.