Plimoth Trust Co. LLC Sells 526 Shares of Capital One Financial Co. (NYSE:COF)

Plimoth Trust Co. LLC lowered its position in Capital One Financial Co. (NYSE:COF) by 17.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,474 shares of the financial services provider’s stock after selling 526 shares during the period. Plimoth Trust Co. LLC’s holdings in Capital One Financial were worth $368,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Householder Group Estate & Retirement Specialist LLC boosted its stake in shares of Capital One Financial by 1,658.3% in the fourth 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 during the period. Rise Advisors LLC purchased a new position in Capital One Financial in the 1st quarter worth approximately $33,000. Bartlett & Co. LLC boosted its stake 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 worth $33,000 after purchasing an additional 218 shares during the period. Bartlett & CO. Wealth Management LLC grew its holdings 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 buying an additional 218 shares in the last quarter. Finally, Sound Income Strategies LLC raised its position in shares of Capital One Financial by 109.4% during the fourth quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after buying an additional 139 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 16,913 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the sale, the insider now directly owns 47,081 shares in the company, valued at $6,726,933.28. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, insider Timothy P. Golden sold 8,656 shares of the stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the transaction, the insider now directly owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction of $2,416,529.44. Following the sale, the insider now directly owns 47,081 shares in the company, valued at approximately $6,726,933.28. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Capital One Financial Price Performance

Shares of COF opened at $138.49 on Thursday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. The stock has a market capitalization of $52.65 billion, a PE ratio of 10.84, a PEG ratio of 1.09 and a beta of 1.46. The company has a 50 day moving average price of $139.51 and a 200-day moving average price of $137.34. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $149.94.

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

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date was Friday, May 10th. Capital One Financial’s dividend payout ratio is currently 18.79%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company upped their target price on shares of Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 10th. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price on the stock in a report on Thursday, April 4th. JPMorgan Chase & Co. boosted their target price on Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 3rd. BTIG Research assumed coverage on Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating for the company. Finally, Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $145.00 to $165.00 in a research note on Thursday, June 6th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $141.20.

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.