Capital One Financial Co. (NYSE:COF) Shares Sold by MV Capital Management Inc.

MV Capital Management Inc. trimmed its stake in Capital One Financial Co. (NYSE:COF) by 35.5% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 222 shares of the financial services provider’s stock after selling 122 shares during the quarter. MV Capital Management Inc.’s holdings in Capital One Financial were worth $33,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Householder Group Estate & Retirement Specialist LLC boosted 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 valued at $27,000 after purchasing an additional 199 shares during the period. Rise Advisors LLC bought a new position in Capital One Financial in the 1st quarter worth approximately $33,000. Bartlett & Co. LLC increased its position in Capital One Financial by 726.7% in the 4th quarter. Bartlett & Co. 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. Bartlett & CO. Wealth Management LLC raised its stake in Capital One Financial by 726.7% during the 4th 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 in the last quarter. Finally, Sound Income Strategies LLC boosted its position in Capital One Financial by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 139 shares during the period. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a research note on Wednesday, April 3rd. Evercore ISI decreased their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a report on Tuesday, June 25th. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $159.00 target price on shares of Capital One Financial in a report on Wednesday, March 27th. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and increased their price target for the company from $145.00 to $165.00 in a research note on Thursday, June 6th. Finally, Wells Fargo & Company boosted their price objective on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $141.20.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $140.48 on Wednesday. The company’s fifty day moving average is $139.65 and its two-hundred day moving average is $137.26. The company has a market cap of $53.41 billion, a P/E ratio of 11.00, a price-to-earnings-growth ratio of 1.09 and a beta of 1.46. Capital One Financial Co. has a 12-month low of $88.23 and a 12-month high of $149.94. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing the consensus estimate of $3.25 by ($0.04). Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The business had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. During the same period in the previous year, the firm posted $2.31 earnings per share. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. Equities analysts expect that Capital One Financial Co. will post 13.31 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date was Friday, May 10th. Capital One Financial’s payout ratio is presently 18.79%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 16,913 shares of Capital One Financial stock in a transaction 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the transaction, the insider now owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Celia Karam sold 16,913 shares of Capital One Financial 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 $6,726,933.28. The disclosure for this sale can be found here. Company 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.