Ethic Inc. Raises Stock Position in Capital One Financial Co. (NYSE:COF)

Ethic Inc. raised its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 15.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,037 shares of the financial services provider's stock after acquiring an additional 4,121 shares during the quarter. Ethic Inc.'s holdings in Capital One Financial were worth $5,535,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in COF. Bfsg LLC purchased a new stake in Capital One Financial during the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Capital One Financial during the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC bought a new stake in shares of Capital One Financial in the 4th quarter worth approximately $29,000. Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial in the 4th quarter valued at $32,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Capital One Financial during the 4th quarter valued at $32,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

Insider Activity at Capital One Financial

In other news, Director Ann F. Hackett sold 1,658 shares of the business's stock in a transaction dated Monday, May 12th. The shares were 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 owns 56,244 shares in the company, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $199.40, for a total value of $1,906,264.00. Following the completion of the transaction, the insider now owns 20,089 shares in the company, valued at $4,005,746.60. This trade represents a 32.24% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by insiders.

Capital One Financial Price Performance

COF stock traded down $1.10 during mid-day trading on Thursday, hitting $196.14. The company had a trading volume of 4,719,971 shares, compared to its average volume of 3,273,536. The company has a 50-day moving average price of $174.37 and a 200 day moving average price of $183.21. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The company has a market capitalization of $75.15 billion, a price-to-earnings ratio of 16.92, a P/E/G ratio of 1.19 and a beta of 1.13. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

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

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Friday, May 23rd will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend is Friday, May 23rd. Capital One Financial's payout ratio is 20.15%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Citigroup reduced their price target on Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a research report on Monday, March 24th. Wells Fargo & Company raised their target price on Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a research note on Thursday, April 24th. Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target on the stock in a research report on Wednesday, March 12th. BTIG Research upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a report on Tuesday, March 25th. Finally, Bank of America raised Capital One Financial from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and an average price target of $207.73.

Capital One Financial 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.