Envestnet Portfolio Solutions Inc. Sells 9,346 Shares of Capital One Financial Corporation (NYSE:COF)

Envestnet Portfolio Solutions Inc. reduced its position in Capital One Financial Corporation (NYSE:COF - Free Report) by 50.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,282 shares of the financial services provider's stock after selling 9,346 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in Capital One Financial were worth $1,664,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Norden Group LLC boosted its position in Capital One Financial by 2.6% during the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock valued at $358,000 after acquiring an additional 51 shares during the last quarter. Quadrant Capital Group LLC lifted its stake in Capital One Financial by 1.0% in 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 period. Family Legacy Inc. grew its position in shares of Capital One Financial by 0.8% during the 4th quarter. Family Legacy Inc. now owns 7,980 shares of the financial services provider's stock worth $1,438,000 after buying an additional 60 shares during the period. Opal Wealth Advisors LLC increased its stake in shares of Capital One Financial by 3.1% in the 1st quarter. Opal Wealth Advisors LLC now owns 2,155 shares of the financial services provider's stock valued at $386,000 after acquiring an additional 64 shares in the last quarter. Finally, FFT Wealth Management LLC lifted its position in shares of Capital One Financial by 2.4% during the 4th quarter. FFT Wealth Management LLC now owns 2,720 shares of the financial services provider's stock valued at $485,000 after acquiring an additional 65 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on COF shares. Barclays reissued an "overweight" rating and issued a $253.00 price objective (up previously from $212.00) on shares of Capital One Financial in a research note on Monday. Truist Financial lifted 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 report on Friday, April 25th. Royal Bank Of Canada set a $190.00 price objective on shares of Capital One Financial and gave the stock a "sector perform" rating in a report on Monday, April 14th. Wells Fargo & Company raised their price objective 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. Finally, BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price for the company in a research report on Tuesday, March 25th. Four investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $215.86.

Capital One Financial Stock Up 0.3%

Shares of NYSE COF traded up $0.66 on Friday, reaching $211.17. 4,402,913 shares of the company's stock traded hands, compared to its average volume of 3,588,248. The business's 50 day simple moving average is $191.24 and its two-hundred day simple moving average is $186.22. Capital One Financial Corporation has a 12 month low of $128.23 and a 12 month high of $212.88. The company has a market cap of $80.91 billion, a price-to-earnings ratio of 17.73, a price-to-earnings-growth ratio of 0.91 and a beta of 1.13. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 0.65.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating 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 company had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.07 billion. As a group, equities research analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $2.40 annualized dividend and a dividend yield of 1.14%. Capital One Financial's dividend payout ratio (DPR) is presently 20.15%.

Insider Buying and Selling

In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction that occurred 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 sale, the director now owns 56,244 shares of the company's stock, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the stock in a transaction on Monday, May 12th. The shares were sold at an average price of $199.40, for a total value of $1,906,264.00. Following the transaction, the insider now directly owns 20,089 shares in the company, valued at $4,005,746.60. The trade was 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 corporate 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.