ASB Consultores LLC Has $247,000 Stock Position in Capital One Financial Co. (NYSE:COF)

ASB Consultores LLC lessened its holdings in Capital One Financial Co. (NYSE:COF) by 53.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,785 shares of the financial services provider’s stock after selling 2,079 shares during the quarter. ASB Consultores LLC’s holdings in Capital One Financial were worth $247,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. LRI Investments LLC acquired a new stake in Capital One Financial in the first quarter valued at about $25,000. Silicon Valley Capital Partners bought a new position in shares of Capital One Financial in the first quarter worth about $25,000. Y.D. More Investments Ltd acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at approximately $28,000. Hobbs Group Advisors LLC bought a new stake in shares of Capital One Financial during the 2nd quarter valued at approximately $29,000. Finally, Rise Advisors LLC acquired a new position in Capital One Financial during the 1st quarter worth approximately $33,000. Institutional investors own 89.84% of the company’s stock.

Insiders Place Their Bets

In related news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction 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 completion of the sale, the insider now owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial 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 transaction, the chief executive officer now owns 40,934 shares of the company’s stock, valued at $5,438,491.24. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Robert M. Alexander sold 30,742 shares of the company’s 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 of the company’s stock, valued at approximately $11,060,100. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $152.28 on Friday. The company has a market cap of $57.90 billion, a P/E ratio of 11.92, a PEG ratio of 1.08 and a beta of 1.44. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. The business has a 50-day moving average price of $142.56 and a two-hundred day moving average price of $140.88. Capital One Financial Co. has a 1-year low of $88.23 and a 1-year high of $153.36.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The business had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.52 earnings per share. As a group, analysts anticipate that Capital One Financial Co. will post 13.1 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is currently 18.79%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on COF. Bank of America raised their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. Royal Bank of Canada reissued a “sector perform” rating and set a $150.00 price objective on shares of Capital One Financial in a report on Thursday, July 25th. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and upped their target price for the stock from $145.00 to $165.00 in a report on Thursday, June 6th. Evercore ISI cut their price target on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research note on Tuesday, June 25th. Finally, Citigroup assumed coverage on Capital One Financial in a research note on Friday. They issued a “buy” rating and a $190.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and a consensus price target of $147.21.

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.