Capital One Financial Corporation (NYSE:COF) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. cut its stake in Capital One Financial Corporation (NYSE:COF) by 14.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 144,409 shares of the financial services provider's stock after selling 23,651 shares during the period. Victory Capital Management Inc.'s holdings in Capital One Financial were worth $25,893,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Beacon Capital Management LLC boosted its position in shares of Capital One Financial by 118.3% in the 1st quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock valued at $32,000 after purchasing an additional 97 shares during the period. Murphy & Mullick Capital Management Corp acquired a new stake in Capital One Financial during the 4th quarter worth about $41,000. Bogart Wealth LLC boosted its position in 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 worth $46,000 after acquiring an additional 243 shares during the period. Rossby Financial LCC acquired a new stake in Capital One Financial during the 1st quarter worth about $48,000. Finally, Bernard Wealth Management Corp. acquired a new stake in Capital One Financial during the 1st quarter worth about $54,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Capital One Financial

In other Capital One Financial news, 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 transaction, the insider owned 20,089 shares in the company, valued at $4,005,746.60. This trade represents a 32.24% 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, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total value of $329,444.60. Following the completion of the transaction, the director owned 56,244 shares in the company, 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. Company insiders own 1.26% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on COF shares. Wall Street Zen raised Capital One Financial from a "hold" rating to a "buy" rating in a research note on Friday. Wells Fargo & Company raised their price objective on Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a research note on Thursday, April 24th. Keefe, Bruyette & Woods raised their price objective on Capital One Financial from $232.00 to $248.00 and gave the company an "outperform" rating in a research note on Wednesday, July 9th. Truist Financial lifted their price target on Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a research report on Friday, April 25th. Finally, Bank of America lifted their price target on Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a research report on Wednesday, May 21st. Four research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $222.07.

Capital One Financial Stock Down 1.0%

COF stock opened at $216.00 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 0.65. The business has a 50 day moving average price of $202.98 and a two-hundred day moving average price of $190.43. The company has a market cap of $82.76 billion, a price-to-earnings ratio of 18.14, a P/E/G ratio of 0.91 and a beta of 1.15. Capital One Financial Corporation has a twelve month low of $128.23 and a twelve month high of $221.95.

Capital One Financial (NYSE:COF - Get Free Report) last released 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 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. 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 declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $2.40 annualized dividend and a yield of 1.11%. Capital One Financial's payout ratio is currently 20.15%.

About Capital One Financial

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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