Capital One Financial Co. (NYSE:COF) Shares Sold by Stablepoint Partners LLC

Stablepoint Partners LLC trimmed its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 20.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,315 shares of the financial services provider's stock after selling 8,101 shares during the period. Stablepoint Partners LLC's holdings in Capital One Financial were worth $5,615,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in COF. Bfsg LLC acquired a new position in shares of Capital One Financial in the 4th quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Capital One Financial in the 4th quarter valued at approximately $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial in the 4th quarter valued at approximately $29,000. SBI Securities Co. Ltd. bought a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $32,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $41,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Truist Financial boosted their price target on Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a report on Friday, April 25th. Wells Fargo & Company upped their price objective 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. Bank of America upped their price objective on Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. Citigroup lowered their price objective on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Finally, JPMorgan Chase & Co. lowered their price objective on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. 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 company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $207.60.

Insider Activity

In other news, Director Ann F. Hackett sold 1,658 shares of the company's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction 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. This represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Michael Zamsky sold 9,560 shares of the company's stock in a transaction on 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 sale, the insider now directly owns 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 disclosure for this sale can be found here. Insiders own 1.26% of the company's stock.

Capital One Financial Trading Down 0.5%

NYSE:COF opened at $191.91 on Friday. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The stock has a market cap of $73.53 billion, a price-to-earnings ratio of 16.56, a PEG ratio of 1.19 and a beta of 1.13. The business has a fifty day moving average of $180.35 and a 200-day moving average of $184.90. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, beating the consensus estimate of $3.75 by $0.31. The business had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Equities analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $2.40 annualized dividend and a dividend yield of 1.25%. Capital One Financial's dividend payout ratio (DPR) is 20.15%.

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.

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