CX Institutional Has $4.83 Million Position in Capital One Financial Co. (NYSE:COF)

CX Institutional decreased its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 14.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,952 shares of the financial services provider's stock after selling 4,583 shares during the quarter. CX Institutional's holdings in Capital One Financial were worth $4,832,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Lansforsakringar Fondforvaltning AB publ acquired a new position in Capital One Financial during the fourth quarter worth $91,780,000. Geode Capital Management LLC boosted its holdings in Capital One Financial by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider's stock worth $1,467,393,000 after purchasing an additional 207,427 shares during the last quarter. Westbourne Investments Inc. acquired a new position in Capital One Financial during the fourth quarter worth $410,000. Lone Pine Capital LLC bought a new stake in Capital One Financial during the fourth quarter worth $577,012,000. Finally, Beacon Pointe Advisors LLC lifted its stake in Capital One Financial by 8.9% in the fourth quarter. Beacon Pointe Advisors LLC now owns 34,781 shares of the financial services provider's stock valued at $6,202,000 after acquiring an additional 2,839 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Buying and Selling

In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of the firm'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 now directly owns 56,244 shares of the company's stock, valued at $11,175,682.80. This trade represents a 2.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael Zamsky sold 9,560 shares of the firm'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 now directly owns 20,089 shares in the company, valued at approximately $4,005,746.60. This represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by insiders.

Capital One Financial Stock Performance

NYSE:COF traded down $5.19 during mid-day trading on Friday, reaching $192.49. 3,410,815 shares of the company's stock were exchanged, compared to its average volume of 3,536,022. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The firm has a market capitalization of $73.75 billion, a PE ratio of 16.61, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. The business's fifty day simple moving average is $184.50 and its two-hundred day simple moving average is $185.41. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping analysts' consensus estimates of $3.75 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's dividend payout ratio is 20.15%.

Analysts Set New Price Targets

A number of brokerages have commented on COF. Royal Bank of Canada set a $190.00 price target on shares of Capital One Financial and gave the company a "sector perform" rating in a research note on Monday, April 14th. Wells Fargo & Company increased their price target on shares of Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a research note on Thursday, April 24th. Citigroup cut their price target on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, March 24th. JPMorgan Chase & Co. cut their price target on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Finally, Truist Financial increased their price target on shares of Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research note on Friday, April 25th. Four investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $210.64.

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.