New York State Teachers Retirement System Sells 16,417 Shares of Capital One Financial Corporation (NYSE:COF)

New York State Teachers Retirement System decreased its holdings in Capital One Financial Corporation (NYSE:COF - Free Report) by 4.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 349,490 shares of the financial services provider's stock after selling 16,417 shares during the period. New York State Teachers Retirement System owned 0.09% of Capital One Financial worth $62,664,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of COF. Norden Group LLC grew its position in shares of Capital One Financial by 2.6% in the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock valued at $358,000 after purchasing an additional 51 shares in the last quarter. Quadrant Capital Group LLC grew its stake in 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 acquiring an additional 54 shares in the last quarter. Family Legacy Inc. increased its holdings in 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 acquiring an additional 60 shares during the period. Opal Wealth Advisors LLC lifted its stake in 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 worth $386,000 after purchasing an additional 64 shares in the last quarter. Finally, Pinion Investment Advisors LLC boosted its holdings in Capital One Financial by 4.0% in the 4th quarter. Pinion Investment Advisors LLC now owns 1,688 shares of the financial services provider's stock valued at $301,000 after purchasing an additional 65 shares during the period. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Performance

Shares of COF stock traded up $3.79 during trading hours on Wednesday, reaching $218.97. 3,571,033 shares of the company traded hands, compared to its average volume of 3,607,839. The firm has a 50-day moving average price of $194.04 and a 200 day moving average price of $186.82. The company has a market cap of $83.90 billion, a P/E ratio of 18.39, a P/E/G ratio of 0.90 and a beta of 1.15. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.98 and a quick ratio of 0.97. Capital One Financial Corporation has a 12-month low of $128.23 and a 12-month high of $219.24.

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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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. As a group, sell-side analysts predict that Capital One Financial Corporation 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. Shareholders of record on Friday, May 23rd were issued a dividend of $0.60 per share. The ex-dividend date was Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a yield of 1.10%. Capital One Financial's dividend payout ratio is presently 20.15%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on COF shares. Bank of America upped their target price 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. Royal Bank Of Canada set a $190.00 price objective on Capital One Financial and gave the stock a "sector perform" rating in a report on Monday, April 14th. Baird R W raised shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 11th. JPMorgan Chase & Co. raised their price target on Capital One Financial from $183.00 to $210.00 and gave the stock a "neutral" rating in a research report on Thursday, June 26th. Finally, Robert W. Baird upgraded Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their price objective for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Four analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $215.86.

Insider Activity

In related news, insider Michael Zamsky sold 9,560 shares of the stock in a transaction dated Monday, May 12th. The stock was 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 owned 20,089 shares in the company, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of the business's 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 directly owned 56,244 shares in the company, 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 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.