Capital One Financial Co. (NYSE:COF) Shares Sold by Man Group plc

Man Group plc lowered its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 45.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 124,623 shares of the financial services provider's stock after selling 102,288 shares during the period. Man Group plc's holdings in Capital One Financial were worth $22,223,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nissay Asset Management Corp Japan ADV lifted its position in shares of Capital One Financial by 0.5% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 47,375 shares of the financial services provider's stock valued at $8,538,000 after buying an additional 248 shares during the last quarter. Nomura Holdings Inc. purchased a new position in shares of Capital One Financial during the 4th quarter valued at $2,242,000. Nearwater Capital Markets Ltd purchased a new position in shares of Capital One Financial during the 4th quarter valued at $14,266,000. Newbrook Capital Advisors LP purchased a new position in shares of Capital One Financial during the 4th quarter valued at $34,418,000. Finally, NorthRock Partners LLC purchased a new position in shares of Capital One Financial during the 4th quarter valued at $694,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 9,560 shares of the stock in a transaction on Monday, May 12th. The stock was sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the sale, the insider now owns 20,089 shares of the company's stock, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of the firm's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the completion of the sale, the director now directly owns 56,244 shares of the company's stock, valued at $11,175,682.80. The trade was a 2.86% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.26% of the company's stock.

Capital One Financial Trading Down 0.8%

Shares of NYSE COF traded down $1.51 during midday trading on Tuesday, hitting $195.90. The company's stock had a trading volume of 5,236,035 shares, compared to its average volume of 3,386,064. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The business's 50 day moving average is $176.22 and its two-hundred day moving average is $184.17. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The firm has a market cap of $75.06 billion, a P/E ratio of 16.90, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping the consensus estimate of $3.75 by $0.31. The company had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. As a group, equities research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $2.40 annualized dividend and a yield of 1.23%. Capital One Financial's dividend payout ratio (DPR) is presently 20.15%.

Analyst Ratings Changes

COF has been the topic of a number of recent research reports. Robert W. Baird raised Capital One Financial from a "neutral" rating to an "outperform" rating and upped their price target for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Royal Bank of Canada set a $190.00 target price on Capital One Financial and gave the stock a "sector perform" rating in a research note on Monday, April 14th. Truist Financial increased their price objective on Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research report on Friday, April 25th. Barclays raised their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 22nd. Finally, Wells Fargo & Company increased their price objective on Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a report on Thursday, April 24th. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $207.73.

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.