Capital One Financial Corporation (NYSE:COF) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale trimmed its stake in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 4.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 84,057 shares of the financial services provider's stock after selling 3,497 shares during the period. DekaBank Deutsche Girozentrale's holdings in Capital One Financial were worth $14,074,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. purchased a new position in Capital One Financial during the fourth quarter valued at $32,000. Beacon Capital Management LLC lifted its holdings in Capital One Financial by 118.3% during the first 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 in the last quarter. Murphy & Mullick Capital Management Corp purchased a new position in Capital One Financial during the fourth quarter valued at $41,000. Rossby Financial LCC purchased a new position in Capital One Financial during the first quarter valued at $48,000. Finally, Bernard Wealth Management Corp. purchased a new position in Capital One Financial during the first quarter valued at $54,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 9,560 shares of Capital One Financial 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 sale, the insider directly owned 20,089 shares in the company, valued at $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The sale 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 dated Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the sale, the director owned 56,244 shares of the company's stock, valued at approximately $11,175,682.80. This represents a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

COF has been the topic of several recent analyst reports. Citigroup decreased their price objective on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a report on Monday, March 24th. Truist Financial increased their target price on shares of Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research report on Friday, April 25th. TD Cowen upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating and increased their target price for the company from $184.00 to $258.00 in a research report on Tuesday. Keefe, Bruyette & Woods increased their target price on shares of Capital One Financial from $232.00 to $248.00 and gave the company an "outperform" rating in a research report on Wednesday. Finally, Wells Fargo & Company increased their target price on shares of Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a research report on Thursday, April 24th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $222.07.

Capital One Financial Trading Down 0.4%

Capital One Financial stock traded down $0.88 during midday trading on Friday, hitting $219.86. 2,965,732 shares of the stock were exchanged, compared to its average volume of 3,632,184. Capital One Financial Corporation has a fifty-two week low of $128.23 and a fifty-two week high of $221.95. The stock has a market capitalization of $84.24 billion, a price-to-earnings ratio of 18.46, a PEG ratio of 0.92 and a beta of 1.15. The stock's 50-day simple moving average is $199.97 and its 200 day simple moving average is $189.02. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.65.

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 the consensus estimate 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 analysts' expectations of $10.07 billion. On average, equities analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Shareholders 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 dividend yield of 1.09%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's dividend payout ratio is presently 20.15%.

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.