J.W. Cole Advisors Inc. Decreases Stock Position in Capital One Financial Corporation $COF

J.W. Cole Advisors Inc. decreased its holdings in Capital One Financial Corporation (NYSE:COF) by 19.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,795 shares of the financial services provider’s stock after selling 3,492 shares during the period. J.W. Cole Advisors Inc.’s holdings in Capital One Financial were worth $3,586,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Prudential PLC increased its stake in Capital One Financial by 15.0% in the fourth quarter. Prudential PLC now owns 15,193 shares of the financial services provider’s stock worth $3,682,000 after purchasing an additional 1,980 shares during the period. Vise Technologies Inc. increased its stake in Capital One Financial by 38.8% in the fourth quarter. Vise Technologies Inc. now owns 17,002 shares of the financial services provider’s stock worth $4,121,000 after purchasing an additional 4,756 shares during the period. Continuum Advisory LLC increased its stake in Capital One Financial by 6.8% in the fourth quarter. Continuum Advisory LLC now owns 5,493 shares of the financial services provider’s stock worth $1,331,000 after purchasing an additional 352 shares during the period. Daiwa Securities Group Inc. increased its stake in Capital One Financial by 0.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 114,587 shares of the financial services provider’s stock worth $27,772,000 after purchasing an additional 700 shares during the period. Finally, Crescent Grove Advisors LLC purchased a new stake in Capital One Financial in the fourth quarter worth $218,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Activity

In other news, insider Celia Karam sold 1,749 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the transaction, the insider owned 61,579 shares in the company, valued at approximately $11,858,883.82. This trade represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $17,876,892.42. This represents a 3.48% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 8,040 shares of company stock worth $1,498,615. Company insiders own 0.78% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the topic of a number of recent analyst reports. Royal Bank Of Canada reduced their target price on 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. increased their target price on Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reduced their target price on Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a research note on Wednesday, April 22nd. TD Cowen reduced their target price on Capital One Financial from $290.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, March 31st. Finally, The Goldman Sachs Group reduced their target price on Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. Seventeen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $258.75.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $180.58 on Friday. The firm has a market cap of $112.37 billion, a P/E ratio of 63.36, a P/E/G ratio of 0.66 and a beta of 1.03. 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 12 month low of $174.98 and a 12 month high of $259.64. The stock’s fifty day moving average price is $189.03 and its 200-day moving average price is $208.10.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 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 analysts’ expectations of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The business’s quarterly revenue was up 52.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.06 EPS. On average, equities research analysts expect that Capital One Financial Corporation will post 19.13 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

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

Capital One Financial Company 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.