Capital One Financial Corporation $COF Shares Sold by Capital International Inc. CA

Capital International Inc. CA lowered its stake in Capital One Financial Corporation (NYSE:COF) by 1.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 317,819 shares of the financial services provider’s stock after selling 6,263 shares during the period. Capital International Inc. CA’s holdings in Capital One Financial were worth $77,027,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC boosted its stake in Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after purchasing an additional 10,428 shares during the period. Intech Investment Management LLC boosted its stake in Capital One Financial by 44.3% during the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock valued at $1,608,000 after purchasing an additional 2,753 shares during the period. Sivia Capital Partners LLC boosted its stake in Capital One Financial by 118.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock valued at $702,000 after purchasing an additional 1,788 shares during the period. Flow Traders U.S. LLC acquired a new position in Capital One Financial during the 2nd quarter valued at about $218,000. Finally, Jump Financial LLC acquired a new position in Capital One Financial during the 2nd quarter valued at about $1,086,000. Institutional investors own 89.84% of the company’s stock.

Insider Activity

In related news, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the completion of the transaction, the insider directly owned 61,579 shares of the company’s stock, valued at $11,858,883.82. This trade represents a 2.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total transaction of $643,755.00. Following the transaction, the general counsel directly owned 97,194 shares of the company’s stock, valued at $17,876,892.42. This represents a 3.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 8,040 shares of company stock worth $1,498,615. 0.78% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

COF has been the subject of a number of research analyst reports. UBS Group reduced their price target on shares of Capital One Financial from $283.00 to $270.00 in a research note on Wednesday, May 6th. Argus reduced their price target on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. TD Cowen reduced their price target on shares of Capital One Financial from $290.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, March 31st. Royal Bank Of Canada reduced their price target on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a research note on Friday, April 10th. Finally, Barclays upped their price target on shares of Capital One Financial from $226.00 to $250.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Seventeen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $258.75.

Capital One Financial Stock Performance

Shares of COF opened at $180.58 on Friday. The company’s fifty day moving average is $189.03 and its 200-day moving average is $208.10. Capital One Financial Corporation has a 12 month low of $174.98 and a 12 month high of $259.64. The firm has a market cap of $112.37 billion, a price-to-earnings ratio of 63.36, a price-to-earnings-growth ratio of 0.66 and a beta of 1.03. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46.

Capital One Financial (NYSE:COF) last posted 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 firm had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.Capital One Financial’s quarterly revenue was up 52.3% on a year-over-year basis. During the same period in the prior year, the company posted $4.06 earnings per share. Equities analysts expect that Capital One Financial Corporation will post 19.13 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were paid a $0.80 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.8%. Capital One Financial’s dividend payout ratio is currently 112.28%.

About Capital One Financial

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.