Rhumbline Advisers Has $127.68 Million Stake in Capital One Financial Co. (NYSE:COF)

Rhumbline Advisers decreased its position in Capital One Financial Co. (NYSE:COF - Free Report) by 4.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 712,122 shares of the financial services provider's stock after selling 36,700 shares during the quarter. Rhumbline Advisers owned 0.19% of Capital One Financial worth $127,683,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC grew its holdings in Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock worth $2,423,000 after acquiring an additional 10,428 shares during the last quarter. Mediolanum International Funds Ltd bought a new stake in Capital One Financial during the 4th quarter worth about $279,000. Waldron Private Wealth LLC bought a new stake in Capital One Financial during the 4th quarter worth about $433,000. Chicago Partners Investment Group LLC grew its holdings in Capital One Financial by 12.2% during the 4th quarter. Chicago Partners Investment Group LLC now owns 2,524 shares of the financial services provider's stock worth $455,000 after acquiring an additional 275 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. grew its holdings in Capital One Financial by 6.2% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 11,473 shares of the financial services provider's stock worth $2,046,000 after acquiring an additional 665 shares during the last quarter. Institutional investors own 89.84% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. 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. Robert W. Baird upgraded shares of Capital One Financial from a "neutral" rating to an "outperform" rating and upped their target price for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Royal Bank of Canada set a $190.00 target price on shares of Capital One Financial and gave the company a "sector perform" rating in a research report on Monday, April 14th. Truist Financial upped 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. Finally, Baird R W upgraded shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Four equities research 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. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $207.60.

Insider Buying and Selling at Capital One Financial

In other news, insider Michael Zamsky sold 9,560 shares of the stock in a transaction dated 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 of the company's stock, valued at $4,005,746.60. This represents a 32.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ann F. Hackett sold 1,658 shares of the 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 completion of the transaction, the director now directly owns 56,244 shares in the company, valued at $11,175,682.80. The trade was a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.26% of the company's stock.

Capital One Financial Stock Down 0.5%

Shares of NYSE COF traded down $0.95 during midday trading on Thursday, reaching $191.91. The company's stock had a trading volume of 2,558,005 shares, compared to its average volume of 3,504,158. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The stock has a market capitalization of $73.53 billion, a price-to-earnings ratio of 16.56, a PEG ratio of 1.19 and a beta of 1.13. The stock has a 50 day simple moving average of $180.35 and a 200-day simple moving average of $184.90.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results 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. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Equities research analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Friday, May 23rd. Capital One Financial's dividend payout ratio is currently 20.15%.

About Capital One Financial

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.