Capital One Financial Corporation $COF Shares Sold by CSM Advisors LLC

Key Points

• CSM Advisors cut its stake in Capital One by 64.6% in Q3, selling 40,646 shares and leaving 22,293 shares worth $4.74M, while company insiders have sold 67,933 shares (about $14.36M) over the last 90 days.
• Capital One missed quarterly EPS ($3.86 vs. $4.14 estimate) despite revenue rising 53.3% YoY; the stock trades well below its 52‑week high (opened $179.76 vs $259.64) with a P/E of 60.7 and a consensus analyst target of $274.70 ("Moderate Buy").

CSM Advisors LLC cut its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 64.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,293 shares of the financial services provider's stock after selling 40,646 shares during the quarter. CSM Advisors LLC's holdings in Capital One Financial were worth $4,739,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock valued at $2,423,000 after acquiring an additional 10,428 shares during the last quarter. Intech Investment Management LLC lifted its holdings in shares of Capital One Financial by 44.3% in the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider's stock worth $1,608,000 after acquiring an additional 2,753 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of Capital One Financial by 118.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider's stock worth $702,000 after purchasing an additional 1,788 shares during the period. Good Life Advisors LLC purchased a new position in shares of Capital One Financial during the 2nd quarter worth approximately $216,000. Finally, Intrua Financial LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at approximately $224,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, General Counsel Matthew W. Cooper sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $250.00, for a total transaction of $500,000.00. Following the sale, the general counsel directly owned 92,486 shares in the company, valued at approximately $23,121,500. This represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Neal Blinde sold 38,135 shares of the firm's stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the completion of the sale, the insider directly owned 33,551 shares in the company, valued at approximately $6,391,801.01. This trade represents a 53.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 67,933 shares of company stock worth $14,363,897 over the last ninety days. Company insiders own 1.26% of the company's stock.

Capital One Financial Stock Performance

NYSE:COF opened at $179.76 on Monday. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $259.64. The company has a fifty day simple moving average of $215.61 and a two-hundred day simple moving average of $220.83. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. The company has a market cap of $111.80 billion, a price-to-earnings ratio of 60.73, a price-to-earnings-growth ratio of 0.54 and a beta of 1.14.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. Capital One Financial's revenue for the quarter was up 53.3% on a year-over-year basis. During the same period last year, the firm earned $2.67 earnings per share. As a group, equities analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th were given a $0.80 dividend. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.8%. Capital One Financial's dividend payout ratio (DPR) is currently 108.11%.

Wall Street Analyst Weigh In

COF has been the topic of a number of research analyst reports. The Goldman Sachs Group restated a "buy" rating and set a $300.00 price target on shares of Capital One Financial in a research note on Tuesday, January 6th. Jefferies Financial Group lifted their price objective on Capital One Financial from $265.00 to $275.00 and gave the company a "buy" rating in a research note on Wednesday, December 10th. Evercore cut their price objective on Capital One Financial from $290.00 to $265.00 and set an "outperform" rating on the stock in a report on Tuesday, January 27th. Morgan Stanley raised their target price on Capital One Financial from $280.00 to $300.00 and gave the company an "overweight" rating in a report on Tuesday, January 20th. Finally, Truist Financial dropped their target price on Capital One Financial from $290.00 to $275.00 and set a "buy" rating for the company in a research report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $274.70.

About Capital One Financial

Capital One Financial Corporation NYSE: COF is a diversified bank holding company headquartered in McLean, Virginia. The company's core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.

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