Dakota Wealth Management Sells 1,961 Shares of Capital One Financial Corporation (NYSE:COF)

Dakota Wealth Management cut its holdings in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 4.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,556 shares of the financial services provider's stock after selling 1,961 shares during the period. Dakota Wealth Management's holdings in Capital One Financial were worth $8,347,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Quadrant Capital Group LLC boosted its position in shares of Capital One Financial by 1.0% during the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock valued at $936,000 after buying an additional 54 shares during the last quarter. Family Legacy Inc. boosted its position in Capital One Financial by 0.8% in the fourth quarter. Family Legacy Inc. now owns 7,980 shares of the financial services provider's stock worth $1,438,000 after purchasing an additional 60 shares during the last quarter. Opal Wealth Advisors LLC boosted its position in Capital One Financial by 3.1% in the first quarter. Opal Wealth Advisors LLC now owns 2,155 shares of the financial services provider's stock worth $386,000 after purchasing an additional 64 shares during the last quarter. Aspiriant LLC boosted its position in Capital One Financial by 2.4% in the first quarter. Aspiriant LLC now owns 2,911 shares of the financial services provider's stock worth $522,000 after purchasing an additional 67 shares during the last quarter. Finally, Citizens National Bank Trust Department boosted its position in Capital One Financial by 25.7% in the first quarter. Citizens National Bank Trust Department now owns 328 shares of the financial services provider's stock worth $59,000 after purchasing an additional 67 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on COF. JPMorgan Chase & Co. raised their target price on Capital One Financial from $210.00 to $245.00 and gave the stock a "neutral" rating in a research report on Friday, July 11th. Bank of America raised their price objective on Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. TD Cowen raised Capital One Financial from a "hold" rating to a "buy" rating and raised their price objective for the stock from $184.00 to $258.00 in a research note on Tuesday, July 8th. Citigroup decreased their price objective on Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a research note on Monday, March 24th. Finally, BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective on the stock in a research note on Tuesday, March 25th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $222.07.

Capital One Financial Price Performance

NYSE:COF traded up $1.24 during trading hours on Wednesday, reaching $216.58. The stock had a trading volume of 3,272,347 shares, compared to its average volume of 3,625,289. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 0.98. Capital One Financial Corporation has a 52 week low of $128.23 and a 52 week high of $221.95. The company has a 50 day moving average price of $201.21 and a two-hundred day moving average price of $189.53. The stock has a market capitalization of $82.98 billion, a PE ratio of 18.18, a PEG ratio of 0.92 and a beta of 1.15.

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, topping analysts' consensus estimates of $3.75 by $0.31. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. As a group, sell-side 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 announced a quarterly dividend, which was paid on Thursday, June 5th. Stockholders 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 1.11%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's dividend payout ratio (DPR) is 20.15%.

Insider Buying and Selling

In other news, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $199.40, for a total value of $1,906,264.00. Following the completion of the transaction, the insider owned 20,089 shares in the company, valued at approximately $4,005,746.60. The trade was a 32.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction that occurred on Monday, May 12th. The stock was 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 of the company's stock, 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. 1.26% of the stock is currently owned by 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.