Capital One Financial Corporation (NYSE:COF) Shares Sold by Denali Advisors LLC

Denali Advisors LLC trimmed its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 69.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,200 shares of the financial services provider's stock after selling 2,700 shares during the period. Denali Advisors LLC's holdings in Capital One Financial were worth $215,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of COF. Norges Bank purchased a new position in shares of Capital One Financial during the 4th quarter valued at approximately $590,279,000. Lone Pine Capital LLC purchased a new position in shares of Capital One Financial during the 4th quarter valued at approximately $577,012,000. FMR LLC increased its holdings in shares of Capital One Financial by 21.6% during the 4th quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock valued at $1,440,449,000 after purchasing an additional 1,436,935 shares in the last quarter. Meritage Group LP purchased a new position in shares of Capital One Financial during the 4th quarter valued at approximately $227,662,000. Finally, Invesco Ltd. increased its holdings in shares of Capital One Financial by 38.7% during the 4th quarter. Invesco Ltd. now owns 4,117,444 shares of the financial services provider's stock valued at $734,223,000 after purchasing an additional 1,148,443 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Capital One Financial

In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of the company'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 transaction, the director owned 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 transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Michael Zamsky sold 9,560 shares of the company's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the completion of the transaction, the insider directly owned 20,089 shares in the company, valued at $4,005,746.60. The trade was a 32.24% 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 Price Performance

Capital One Financial stock opened at $218.26 on Monday. Capital One Financial Corporation has a 52-week low of $128.23 and a 52-week high of $221.95. The firm has a market capitalization of $83.62 billion, a price-to-earnings ratio of 18.33, a PEG ratio of 0.91 and a beta of 1.15. The company has a fifty day simple moving average of $202.98 and a 200-day simple moving average of $190.43. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 0.65.

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 (EPS) for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. Capital One Financial had a net margin of 9.65% and a return on equity of 9.63%. The firm had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. On average, equities analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's dividend payout ratio is currently 20.15%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on COF shares. Royal Bank Of Canada set a $190.00 target price on shares of Capital One Financial and gave the company a "sector perform" rating in a report on Monday, April 14th. Keefe, Bruyette & Woods lifted their target price on shares of Capital One Financial from $232.00 to $248.00 and gave the company an "outperform" rating in a report on Wednesday, July 9th. TD Cowen raised shares of Capital One Financial from a "hold" rating to a "buy" rating and boosted their price target for the stock from $184.00 to $258.00 in a report on Tuesday, July 8th. Wells Fargo & Company boosted their price target on shares of Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a report on Thursday, April 24th. Finally, Wall Street Zen raised shares of Capital One Financial from a "hold" rating to a "buy" rating in a report on Friday. Four equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $222.07.

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.

Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corporation (NYSE:COF - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.