Seizert Capital Partners LLC Sells 33,149 Shares of Capital One Financial Corporation (NYSE:COF)

Key Points

• Seizert Capital Partners LLC reduced its stake in Capital One Financial by 15.0%, holding assets worth approximately $33.70 million.
• Analysts have upgraded Capital One Financial’s stock ratings, with TD Cowen raising its price target significantly from $184 to $258, indicating strong market confidence.
• The company reported a quarterly earnings beat with $5.48 EPS, surpassing estimates by $3.55, alongside a revenue growth of 31.4% year-over-year.

Seizert Capital Partners LLC lowered its holdings in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 15.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 187,940 shares of the financial services provider's stock after selling 33,149 shares during the period. Seizert Capital Partners LLC's holdings in Capital One Financial were worth $33,698,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of COF. Beacon Capital Management LLC increased its holdings in shares of Capital One Financial by 118.3% in the 1st 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. Bogart Wealth LLC increased its holdings in Capital One Financial by 1,518.8% during the 1st quarter. Bogart Wealth LLC now owns 259 shares of the financial services provider's stock valued at $46,000 after acquiring an additional 243 shares in the last quarter. Motco increased its holdings in Capital One Financial by 115.1% during the 1st quarter. Motco now owns 256 shares of the financial services provider's stock valued at $46,000 after acquiring an additional 137 shares in the last quarter. Rossby Financial LCC purchased a new position in Capital One Financial during the 1st quarter valued at about $48,000. Finally, Bernard Wealth Management Corp. purchased a new position in Capital One Financial during the 1st quarter valued at about $54,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Robert M. Alexander sold 10,114 shares of the company's stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the completion of the sale, the insider owned 68,707 shares of the company's stock, valued at $15,655,577.02. This represents a 12.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael Zamsky sold 9,560 shares of the company's 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 sale, the insider directly owned 20,089 shares of the company's stock, valued at $4,005,746.60. The trade was a 32.24% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,332 shares of company stock valued at $4,540,285. 1.26% of the stock is owned by corporate insiders.

Capital One Financial Stock Performance

COF stock traded down $0.21 during trading on Thursday, hitting $215.02. 4,298,724 shares of the company's stock traded hands, compared to its average volume of 3,697,219. Capital One Financial Corporation has a 52 week low of $128.23 and a 52 week high of $232.45. The stock has a market capitalization of $82.38 billion, a price-to-earnings ratio of 110.27, a price-to-earnings-growth ratio of 0.85 and a beta of 1.15. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. The stock has a fifty day moving average price of $206.46 and a two-hundred day moving average price of $192.45.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, beating analysts' consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion during the quarter, compared to analyst estimates of $12.72 billion. Capital One Financial's revenue for the quarter was up 31.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.14 EPS. As a group, equities analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. Capital One Financial's payout ratio is presently 123.08%.

Analyst Ratings Changes

Several research firms have issued reports on COF. Keefe, Bruyette & Woods raised their price target on shares of Capital One Financial from $248.00 to $260.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Royal Bank Of Canada raised their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 23rd. Bank of America raised their target price on shares of Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a research report on Wednesday, May 21st. Citigroup raised their target price on shares of Capital One Financial from $250.00 to $275.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Finally, Barclays reaffirmed an "overweight" rating and set a $253.00 price target (up from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $235.40.

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.