Capital One Financial Co. (NYSE:COF) Shares Sold by Franklin Street Advisors Inc. NC

Franklin Street Advisors Inc. NC decreased its position in Capital One Financial Co. (NYSE:COF) by 7.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,510 shares of the financial services provider’s stock after selling 278 shares during the quarter. Franklin Street Advisors Inc. NC’s holdings in Capital One Financial were worth $526,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Barden Capital Management Inc. grew its stake in shares of Capital One Financial by 11.6% in the 4th quarter. Barden Capital Management Inc. now owns 8,861 shares of the financial services provider’s stock worth $1,162,000 after purchasing an additional 920 shares during the last quarter. Bartlett & CO. Wealth Management LLC boosted its position in shares of 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 period. Paloma Partners Management Co bought a new stake in Capital One Financial in the 4th quarter valued at $2,669,000. Cim Investment Management Inc. bought a new stake in shares of Capital One Financial in the 4th quarter worth about $258,000. Finally, Able Wealth Management LLC bought a new position in Capital One Financial in the 4th quarter valued at $79,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on COF. Royal Bank of Canada reissued a “sector perform” rating and issued a $150.00 price target on shares of Capital One Financial in a research note on Thursday, July 25th. Barclays increased their price target on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday. Evercore ISI lowered their target price on shares of Capital One Financial from $166.00 to $163.00 and set an “in-line” rating on the stock in a report on Monday. JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday. Finally, Bank of America raised their price objective on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $148.00.

Capital One Financial Stock Performance

COF traded up $2.78 during trading hours on Friday, hitting $153.91. The stock had a trading volume of 161,260 shares, compared to its average volume of 2,434,573. The stock has a market cap of $58.77 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 1.22 and a beta of 1.44. Capital One Financial Co. has a 1 year low of $88.23 and a 1 year high of $154.57. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The company’s fifty day simple moving average is $142.90 and its 200 day simple moving average is $141.89.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The business had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. During the same quarter in the previous year, the company posted $3.52 earnings per share. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. Equities analysts anticipate that Capital One Financial Co. will post 12.87 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date was Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is presently 22.58%.

Insider Buying and Selling at Capital One Financial

In related news, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the sale, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the sale, the insider now directly owns 73,734 shares of the company’s stock, valued at $11,060,100. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the transaction, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Capital One Financial Company 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.