Aviance Capital Partners LLC Has $2.53 Million Stock Position in Capital One Financial Corporation (NYSE:COF)

Aviance Capital Partners LLC cut its holdings in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 11.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,091 shares of the financial services provider's stock after selling 1,806 shares during the quarter. Aviance Capital Partners LLC's holdings in Capital One Financial were worth $2,527,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. SBI Securities Co. Ltd. purchased a new stake in Capital One Financial during the 4th quarter worth approximately $32,000. Beacon Capital Management LLC increased its holdings in Capital One Financial by 118.3% during the 1st quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock worth $32,000 after purchasing an additional 97 shares during the last quarter. Murphy & Mullick Capital Management Corp bought a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $41,000. Rossby Financial LCC acquired a new stake in shares of Capital One Financial during the 1st quarter valued at approximately $48,000. Finally, Bernard Wealth Management Corp. acquired a new stake in shares of Capital One Financial during the 1st quarter valued at approximately $54,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

COF traded up $2.13 during trading on Friday, reaching $220.94. 1,856,041 shares of the company were exchanged, compared to its average volume of 3,608,043. The stock has a market cap of $84.65 billion, a P/E ratio of 18.55, a PEG ratio of 0.93 and a beta of 1.15. The firm has a 50 day moving average of $195.61 and a 200 day moving average of $187.29. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.65. Capital One Financial Corporation has a 52 week low of $128.23 and a 52 week high of $221.95.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.31. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. The company had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. On average, sell-side analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were paid a $0.60 dividend. The ex-dividend date was Friday, May 23rd. This represents a $2.40 annualized dividend and a dividend yield of 1.09%. Capital One Financial's payout ratio is 20.15%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on COF shares. Royal Bank Of Canada set a $190.00 price target on Capital One Financial and gave the company a "sector perform" rating in a research report on Monday, April 14th. Evercore ISI raised 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. Barclays reissued an "overweight" rating and set a $253.00 price target (up from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. 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. Finally, Citigroup dropped 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. Four equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of "Moderate Buy" and a consensus price target of $215.86.

Insider Buying and Selling at Capital One Financial

In other 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 value of $1,906,264.00. Following the completion of the transaction, the insider owned 20,089 shares of the company's stock, valued at approximately $4,005,746.60. This represents a 32.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Ann F. Hackett sold 1,658 shares of the 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 transaction, the director directly owned 56,244 shares of the company's stock, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.26% 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.