Two Sigma Advisers LP Trims Position in Capital One Financial Co. (NYSE:COF)

Two Sigma Advisers LP lessened its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 48.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,800 shares of the financial services provider's stock after selling 144,100 shares during the quarter. Two Sigma Advisers LP's holdings in Capital One Financial were worth $26,891,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Bfsg LLC bought a new position in shares of Capital One Financial during the 4th quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Capital One Financial during the fourth quarter valued at $27,000. TruNorth Capital Management LLC bought a new position in Capital One Financial during the fourth quarter valued at $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Capital One Financial in the 4th quarter worth $32,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of Capital One Financial in the 4th quarter worth about $41,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

Capital One Financial Trading Down 2.1%

COF stock traded down $3.89 during trading on Friday, hitting $184.67. The company had a trading volume of 6,574,950 shares, compared to its average volume of 3,429,334. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The company has a 50 day simple moving average of $177.59 and a 200-day simple moving average of $184.46. The firm has a market capitalization of $70.75 billion, a P/E ratio of 15.93, a PEG ratio of 1.19 and a beta of 1.13. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping analysts' consensus estimates of $3.75 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.07 billion. As a group, research analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Friday, May 23rd. Capital One Financial's dividend payout ratio (DPR) is 20.15%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on COF shares. Argus raised shares of Capital One Financial to a "strong-buy" rating in a report on Thursday, January 23rd. Baird R W raised Capital One Financial from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 11th. Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price for the company in a report on Wednesday, March 12th. BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price on the stock in a research report on Tuesday, March 25th. Finally, Citigroup lowered their price target on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research report on Monday, March 24th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $207.60.

Insider Activity at Capital One Financial

In related news, insider Michael Zamsky sold 9,560 shares of the company's stock in a transaction 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 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of the firm's stock in a transaction 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 now owns 56,244 shares of the company's stock, valued at $11,175,682.80. This trade represents a 2.86% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by corporate insiders.

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.