Choreo LLC Has $5.80 Million Stock Holdings in Capital One Financial Corporation (NYSE:COF)

Choreo LLC lessened its position in Capital One Financial Corporation (NYSE:COF - Free Report) by 8.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,366 shares of the financial services provider's stock after selling 3,089 shares during the quarter. Choreo LLC's holdings in Capital One Financial were worth $5,803,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Beacon Capital Management LLC increased its holdings in shares of 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 period. Murphy & Mullick Capital Management Corp bought a new position in shares of Capital One Financial during the 4th quarter worth about $41,000. Bogart Wealth LLC boosted its position in shares of Capital One Financial by 1,518.8% during the 1st quarter. Bogart Wealth LLC now owns 259 shares of the financial services provider's stock valued at $46,000 after acquiring an additional 243 shares in the last quarter. Rossby Financial LCC acquired a new stake in shares of Capital One Financial during the 1st quarter valued at about $48,000. Finally, Bernard Wealth Management Corp. acquired a new stake in shares of Capital One Financial during the 1st quarter valued at about $54,000. Institutional investors own 89.84% of the company's stock.

Capital One Financial Price Performance

Shares of Capital One Financial stock traded up $1.28 during midday trading on Friday, hitting $212.61. 4,501,689 shares of the company traded hands, compared to its average volume of 3,771,397. The stock has a market cap of $81.46 billion, a price-to-earnings ratio of 109.03, a PEG ratio of 0.86 and a beta of 1.15. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.97 and a current ratio of 1.02. The firm's fifty day moving average price is $204.67 and its 200-day moving average price is $191.55. Capital One Financial Corporation has a 12 month low of $128.23 and a 12 month high of $232.45.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.93 by $3.55. The company had revenue of $12.49 billion for the quarter, compared to the consensus estimate of $12.72 billion. The company's revenue for the quarter was up 31.4% compared to the same quarter last year. During the same period last year, the firm posted $3.14 earnings per share. As a group, sell-side analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date was Friday, May 23rd. Capital One Financial's dividend payout ratio is 123.08%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $245.00 to $248.00 and gave the company a "neutral" rating in a research report on Wednesday. Keefe, Bruyette & Woods lifted their target price on shares of Capital One Financial from $248.00 to $260.00 and gave the company an "outperform" rating in a research report on Wednesday. TD Cowen upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating and lifted their target price for the company from $184.00 to $258.00 in a research report on Tuesday, July 8th. Truist Financial lifted their target price on shares of Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research report on Friday, April 25th. Finally, Barclays reiterated an "overweight" rating and set a $253.00 target price (up from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and a consensus price target of $233.07.

Insider Activity

In related news, Director Ann F. Hackett sold 1,658 shares of the business's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the transaction, the director owned 56,244 shares in the company, valued at $11,175,682.80. The trade was a 2.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael Zamsky sold 9,560 shares of the firm's 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 completion of the sale, the insider owned 20,089 shares of the company's stock, valued at $4,005,746.60. The trade was a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,332 shares of company stock valued at $4,540,285 in the last ninety days. 1.26% of the stock is owned by company insiders.

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.