Capital One Financial Co. (NYSE:COF) Shares Sold by 1832 Asset Management L.P.

1832 Asset Management L.P. trimmed its stake in shares of Capital One Financial Co. (NYSE:COF) by 14.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,031 shares of the financial services provider’s stock after selling 2,964 shares during the quarter. 1832 Asset Management L.P.’s holdings in Capital One Financial were worth $2,536,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of COF. Silicon Valley Capital Partners acquired a new stake in Capital One Financial in the first quarter valued at approximately $25,000. Householder Group Estate & Retirement Specialist LLC raised its stake in Capital One Financial by 1,658.3% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 199 shares in the last quarter. Bartlett & CO. Wealth Management LLC lifted its position in Capital One Financial by 726.7% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 218 shares during the last quarter. Rise Advisors LLC acquired a new position in Capital One Financial in the first quarter valued at $33,000. Finally, Tortoise Investment Management LLC grew its holdings in shares of Capital One Financial by 41.9% during the fourth quarter. Tortoise Investment Management LLC now owns 271 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 80 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. BTIG Research started coverage on Capital One Financial in a research note on Friday, June 7th. They set a “neutral” rating on the stock. Wells Fargo & Company upped their price target on shares of Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Wednesday, April 10th. Royal Bank of Canada restated a “sector perform” rating and issued a $150.00 price objective on shares of Capital One Financial in a research note on Thursday. Evercore ISI decreased their target price on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. Finally, Bank of America boosted their price target on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Capital One Financial presently has an average rating of “Hold” and a consensus price target of $145.89.

Insider Activity

In related news, insider Celia Karam sold 16,913 shares of the stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the sale, the insider now owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, insider Timothy P. Golden sold 8,656 shares of the stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the sale, the insider now owns 10,246 shares in the company, valued at $1,475,833.84. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the transaction, the insider now directly owns 47,081 shares in the company, valued at $6,726,933.28. The disclosure for this sale can be found here. Insiders have sold 56,311 shares of company stock valued at $8,274,640 in the last three months. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Trading Up 0.9 %

NYSE:COF traded up $1.27 during mid-day trading on Friday, reaching $149.36. The company’s stock had a trading volume of 1,795,053 shares, compared to its average volume of 2,746,968. The stock has a market cap of $56.79 billion, a P/E ratio of 11.70, a P/E/G ratio of 1.17 and a beta of 1.45. Capital One Financial Co. has a twelve month low of $88.23 and a twelve month high of $153.35. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. The company’s fifty day simple moving average is $139.34 and its two-hundred day simple moving average is $138.81.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). The company had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm earned $3.52 earnings per share. On average, equities analysts predict that Capital One Financial Co. will post 13.17 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were issued a $0.60 dividend. The ex-dividend date was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.61%. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

About Capital One Financial

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.