Sage Mountain Advisors LLC Sells 745 Shares of Capital One Financial Corporation $COF

Sage Mountain Advisors LLC lowered its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 42.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,020 shares of the financial services provider’s stock after selling 745 shares during the quarter. Sage Mountain Advisors LLC’s holdings in Capital One Financial were worth $217,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in COF. Kingstone Capital Partners Texas LLC grew its holdings in shares of Capital One Financial by 588,668.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock valued at $24,988,129,000 after purchasing an additional 117,427,549 shares during the last quarter. Diamond Hill Capital Management Inc. bought a new position in shares of Capital One Financial during the 1st quarter valued at $381,848,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Capital One Financial by 45.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,677,128 shares of the financial services provider’s stock valued at $838,609,000 after purchasing an additional 1,454,595 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Capital One Financial by 23.7% during the 1st quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider’s stock valued at $889,519,000 after purchasing an additional 950,415 shares during the last quarter. Finally, Nuveen LLC bought a new position in shares of Capital One Financial during the 1st quarter valued at $141,599,000. Institutional investors own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In related news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the completion of the transaction, the general counsel directly owned 98,486 shares of the company’s stock, valued at $20,878,047.14. This trade represents a 1.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of Capital One Financial stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the transaction, the insider directly owned 27,364 shares of the company’s stock, valued at approximately $5,735,220.76. This trade represents a 16.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,184 shares of company stock valued at $2,799,248. Company insiders own 1.26% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on COF. HSBC increased their target price on shares of Capital One Financial from $218.00 to $234.00 and gave the company a “hold” rating in a report on Thursday. The Goldman Sachs Group increased their price target on shares of Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Wells Fargo & Company increased their price target on shares of Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Rothschild & Co Redburn started coverage on shares of Capital One Financial in a research report on Friday, August 1st. They set a “buy” rating and a $290.00 price target for the company. Finally, Truist Financial increased their price target on shares of Capital One Financial from $260.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and an average price target of $261.63.

Capital One Financial Trading Up 2.2%

NYSE:COF opened at $224.93 on Monday. The company has a 50-day moving average price of $219.38 and a 200-day moving average price of $205.84. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $232.45. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. The stock has a market cap of $143.85 billion, a price-to-earnings ratio of 94.91, a P/E/G ratio of 0.75 and a beta of 1.18.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 EPS for the quarter, topping the consensus estimate of $4.25 by $1.70. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The firm had revenue of $15.36 billion during the quarter, compared to analysts’ expectations of $15.06 billion. During the same period last year, the company posted $4.51 EPS. The company’s quarterly revenue was up 53.4% compared to the same quarter last year. Equities analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial’s dividend payout ratio (DPR) is currently 101.27%.

Capital One Financial Profile

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.