Capital One Financial Co. (NYSE:COF) Decreased stock position by Stephens Inc. AR


Stephens Inc. AR reduced its stake in the shares of Capital One Financial Co. (NYSE: COF) by 35.3% in Q1, according to the company in its latest 13F filing with the Securities & Exchange Commission. The institutional investor held 1,996 shares of the financial services provider after selling 1,087 shares during the quarter. Stephens Inc. AR’s holdings in Capital One Financial were worth $262,000 at the end of the most recent reporting period.

Other large investors have also changed their stake in the company. Dynamic Advisor Solutions LLC increased its equity stake in Capital One Financial by 10.5% during Q1. Dynamic Advisor Solutions LLC now owns 5,586 shares of the financial services provider worth $733,000 after acquiring 531 additional shares in the last quarter. Ellevest Inc. increased its position in Capital One Financial shares by 25.1% in the first quarter. Ellevest Inc. now owns 2,618 shares of the financial services provider worth $344,000 after purchasing an additional 526 shares during the period. SkyView Investment Advisors LLC increased its position in Capital One Financial shares by 213.7% in the fourth quarter. SkyView Investment Advisors LLC now owns 13,775 shares of the financial services provider worth $592,000 after purchasing an additional 9,384 shares during the period. Garrett Investment Advisors LLC increased its position in Capital One Financial shares by 16.7% in the first quarter. Garrett Investment Advisors LLC now owns 3,376 shares of the financial services provider worth $443,000 after purchasing an additional 482 shares during the period. Finally, Pacer Advisors Inc. increased its position in Capital One Financial shares by 60.4% in the first quarter. Pacer Advisors Inc. now owns 35,402 shares of the financial services provider worth $4,648,000 after purchasing an additional 13,335 shares during the period. 89.31% of the shares are held by institutional investors.

Capital One Financial Price Performance

NYSE COF opened at $106.33 on Friday. The company has a debt ratio of 1.10, a current ratio of 1.00 and a quick ratio of 1.00. The stock’s 50-day moving average is $111.05 and its two-hundred-day moving average is $127.71. The company has a market capitalization of $40.81 billion, a P/E ratio of 4.67, a price-to-earnings growth ratio of 0.32 and a beta of 1.44. Capital One Financial Co. has a fifty-two week low of $98.54 and a fifty-two week high of $177.95.

Capital One Financial (NYSE: COFGet a rating) last released its quarterly earnings data on Thursday, July 21. The financial services provider reported EPS of $4.96 for the quarter, missing analyst consensus estimates of $5.11 per ($0.15). Capital One Financial had a return on equity of 17.07% and a net margin of 29.23%. In the same period a year earlier, the company had earned earnings per share of $7.71. On average, analysts expect Capital One Financial Co. to post earnings per share of 20.08 for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 19. Shareholders of record on Monday August 8 will receive a dividend of $0.60. The ex-dividend date is Friday August 5th. This represents a dividend of $2.40 on an annualized basis and a dividend yield of 2.26%. Capital One Financial’s payout ratio is currently 10.54%.

Analysts set new price targets

Several analysts have recently commented on the company. BMO Capital Markets cut its price target on Capital One Financial from $200.00 to $188.00 and set a “buy” rating for the company in a Wednesday, April 27 research report. Wells Fargo & Company cut its price target on Capital One Financial from $160.00 to $130.00 and set an “overweight” rating for the company in a Wednesday, July 13 research report. Robert W. Baird upgraded Capital One Financial from a “neutral” rating to an “outperforming” rating and set a target price of $145.00 for the company in a research report on Friday, June 17. Citigroup reduced its price target on Capital One Financial from $162.00 to $157.00 and set a “buy” rating for the company in a research report on Monday, July 25. Finally, Oppenheimer upgraded Capital One Financial from an “outperforming” rating to a “market performing” rating in a Tuesday, July 12 research report. One analyst rated the stock with a sell rating, eight gave the company a hold rating and eleven gave the company a buy rating. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $156.93.

Insider Trading at Capital One Financial

In other news, Insider Sheldon Hall sold 14,504 shares of Capital One Financial in a trade dated Thursday, May 26. The stock was sold at an average price of $125.00, for a total value of $1,813,000.00. Following the transaction, the insider now directly owns 68,337 shares of the company, valued at $8,542,125. The transaction was disclosed in a filing with the Securities & Exchange Commission, available at the SEC website. In related news, Insider Sheldon Room sold 14,504 shares of Capital One Financial in a trade dated Thursday, May 26. The stock was sold at an average price of $125.00, for a total transaction of $1,813,000.00. Following the sale, the insider now directly owns 68,337 shares of the company, valued at $8,542,125. The transaction was disclosed in a document filed with the SEC, accessible via this link. Also, CEO Richard D. Fairbank sold 12,538 shares of Capital One Financial in a trade dated Wednesday, August 3. The stock was sold at an average price of $108.36, for a total value of $1,358,617.68. Following the sale, the CEO now directly owns 3,758,863 shares of the company, valued at $407,310,394.68. Disclosure of this sale can be found here. In the past ninety days, insiders have sold 67,458 shares of the company worth $7,547,428. Insiders of the company own 1.27% of the shares of the company.

About Capital One Financial

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Capital One Financial Corporation operates as the financial services holding company for Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, Canada and the United Kingdom. It operates through three segments: Credit Cards, Consumer Banking and Business Banking.

See also

Want to see which other hedge funds hold COFs? Visit HoldingsChannel.com for the latest 13F documents and insider trading for Capital One Financial Co. (NYSE: COFGet a rating).

Institutional ownership by quarter for Capital One Financial (NYSE:COF)



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