Y Intercept Hong Kong Ltd Sells 14,989 Shares of Capital One Financial Corporation (NYSE:COF)

Y Intercept Hong Kong Ltd lessened its stake in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 85.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,475 shares of the financial services provider's stock after selling 14,989 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in Capital One Financial were worth $444,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of COF. HighPoint Advisor Group LLC raised its position in Capital One Financial by 2.6% in the 1st quarter. HighPoint Advisor Group LLC now owns 9,093 shares of the financial services provider's stock valued at $1,665,000 after purchasing an additional 229 shares during the last quarter. Crestwood Advisors Group LLC raised its position in Capital One Financial by 14.7% in the 1st quarter. Crestwood Advisors Group LLC now owns 4,025 shares of the financial services provider's stock valued at $722,000 after purchasing an additional 517 shares during the last quarter. Los Angeles Capital Management LLC raised its position in Capital One Financial by 25.6% in the 1st quarter. Los Angeles Capital Management LLC now owns 688,141 shares of the financial services provider's stock valued at $123,384,000 after purchasing an additional 140,082 shares during the last quarter. Wealth Alliance LLC raised its position in Capital One Financial by 11.5% in the 1st quarter. Wealth Alliance LLC now owns 1,675 shares of the financial services provider's stock valued at $300,000 after purchasing an additional 173 shares during the last quarter. Finally, Bingham Private Wealth LLC raised its position in Capital One Financial by 16.6% during the 1st quarter. Bingham Private Wealth LLC now owns 2,705 shares of the financial services provider's stock worth $485,000 after buying an additional 386 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Insider Buying and Selling

In other Capital One Financial news, insider Robert M. Alexander sold 10,114 shares of Capital One Financial stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the transaction, the insider owned 68,707 shares of the company's stock, valued at $15,655,577.02. The trade was a 12.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of Capital One Financial 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 directly owned 56,244 shares in the company, valued at approximately $11,175,682.80. This trade represents a 2.86% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 21,332 shares of company stock valued at $4,540,285. 1.26% of the stock is owned by corporate insiders.

Capital One Financial Price Performance

Capital One Financial stock traded down $6.43 during midday trading on Friday, hitting $208.57. The company's stock had a trading volume of 2,590,249 shares, compared to its average volume of 4,526,802. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. The stock's 50-day moving average price is $206.46 and its 200-day moving average price is $192.45. Capital One Financial Corporation has a 12 month low of $128.23 and a 12 month high of $232.45. The company has a market capitalization of $79.91 billion, a PE ratio of 106.83, a price-to-earnings-growth ratio of 0.85 and a beta of 1.15.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, topping the consensus estimate of $1.93 by $3.55. The business had revenue of $12.49 billion during the quarter, compared to the consensus estimate of $12.72 billion. During the same quarter last year, the firm posted $3.14 earnings per share. Capital One Financial's revenue was up 31.4% compared to the same quarter last year. Analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.2%. Capital One Financial's dividend payout ratio (DPR) is currently 123.08%.

Analyst Ratings Changes

A number of brokerages have commented on COF. Rothschild & Co Redburn began coverage on shares of Capital One Financial in a research report on Friday. They set a "buy" rating and a $290.00 price objective for the company. Barclays restated an "overweight" rating and set a $253.00 price objective (up previously from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. Wells Fargo & Company upped their price objective on shares of Capital One Financial from $225.00 to $265.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. TD Cowen upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating and upped their price objective for the stock from $184.00 to $258.00 in a research report on Tuesday, July 8th. Finally, Royal Bank Of Canada upped their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 23rd. Four research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Capital One Financial currently has an average rating of "Moderate Buy" and an average price target of $238.81.

Capital One Financial 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.