Capital One Financial Corporation $COF Stock Position Trimmed by TD Private Client Wealth LLC

TD Private Client Wealth LLC cut its position in Capital One Financial Corporation (NYSE:COF) by 15.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,073 shares of the financial services provider’s stock after selling 3,046 shares during the quarter. TD Private Client Wealth LLC’s holdings in Capital One Financial were worth $4,138,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Strive Asset Management LLC bought a new stake in Capital One Financial in the 3rd quarter valued at about $28,000. Olistico Wealth LLC bought a new stake in Capital One Financial in the 4th quarter valued at about $30,000. Rakuten Securities Inc. lifted its position in Capital One Financial by 550.0% in the 4th quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 110 shares during the last quarter. WFA of San Diego LLC bought a new stake in Capital One Financial in the 2nd quarter valued at about $32,000. Finally, Westfuller Advisors LLC increased its stake in Capital One Financial by 661.1% during the 4th quarter. Westfuller Advisors LLC now owns 137 shares of the financial services provider’s stock valued at $33,000 after buying an additional 119 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on COF shares. Jefferies Financial Group reissued a “buy” rating and set a $300.00 target price on shares of Capital One Financial in a research note on Monday, March 16th. Evercore lowered their target price on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a research note on Monday, April 6th. Royal Bank Of Canada lowered their target price on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a research note on Friday, April 10th. JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $213.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Finally, Wolfe Research lowered their target price on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a research note on Friday, January 23rd. Eighteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $257.52.

Capital One Financial Stock Down 0.1%

Capital One Financial stock opened at $187.03 on Tuesday. The company’s 50-day moving average price is $188.28 and its two-hundred day moving average price is $211.35. The stock has a market cap of $116.39 billion, a price-to-earnings ratio of 65.62, a PEG ratio of 0.68 and a beta of 1.05. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. Capital One Financial Corporation has a 52 week low of $174.98 and a 52 week high of $259.64.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). The business had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The business’s revenue for the quarter was up 52.3% on a year-over-year basis. During the same period in the prior year, the firm earned $4.06 EPS. On average, analysts expect that Capital One Financial Corporation will post 19.17 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th will be paid a $0.80 dividend. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. Capital One Financial’s payout ratio is currently 112.28%.

Insider Buying and Selling

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total value of $643,755.00. Following the transaction, the general counsel owned 97,194 shares of the company’s stock, valued at $17,876,892.42. The trade was a 3.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jason P. Hanson sold 3,729 shares of Capital One Financial stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total transaction of $764,445.00. Following the completion of the transaction, the insider directly owned 40,230 shares in the company, valued at $8,247,150. This represents a 8.48% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 49,904 shares of company stock worth $9,528,159. 0.78% of the stock is owned by insiders.

Capital One Financial 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.