Gotham Asset Management LLC Cuts Holdings in Capital One Financial Co. (NYSE:COF)

Gotham Asset Management LLC lessened its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 23.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,826 shares of the financial services provider's stock after selling 2,401 shares during the period. Gotham Asset Management LLC's holdings in Capital One Financial were worth $1,396,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Barclays PLC raised its holdings in shares of Capital One Financial by 2.9% during the 3rd quarter. Barclays PLC now owns 1,042,273 shares of the financial services provider's stock worth $156,058,000 after acquiring an additional 29,416 shares during the period. Oak Thistle LLC acquired a new stake in Capital One Financial during the fourth quarter worth about $313,000. Park Avenue Securities LLC raised its stake in Capital One Financial by 20.0% during the fourth quarter. Park Avenue Securities LLC now owns 24,679 shares of the financial services provider's stock worth $4,401,000 after purchasing an additional 4,119 shares during the period. USA Financial Formulas acquired a new position in Capital One Financial in the 4th quarter valued at about $242,000. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $32,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Transactions at Capital One Financial

In related news, Director Ann F. Hackett sold 1,658 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Michael Zamsky sold 9,560 shares of the 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 sale, the insider now directly owns 20,089 shares of the company's stock, valued at approximately $4,005,746.60. This represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.26% of the company's stock.

Capital One Financial Stock Down 0.8%

COF stock traded down $1.51 during midday trading on Tuesday, hitting $195.90. The company's stock had a trading volume of 5,236,035 shares, compared to its average volume of 3,377,916. The firm has a 50-day simple moving average of $176.22 and a 200-day simple moving average of $184.17. The firm has a market capitalization of $75.06 billion, a P/E ratio of 16.90, 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 Co. has a 52-week low of $128.23 and a 52-week high of $210.67.

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 EPS for the quarter, topping the consensus estimate 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 company had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. As a group, equities analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business 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. The ex-dividend date is Friday, May 23rd. This represents a $2.40 annualized dividend and a yield of 1.23%. Capital One Financial's dividend payout ratio is currently 20.15%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective on the stock in a report on Wednesday, March 12th. Royal Bank of Canada set a $190.00 target price on Capital One Financial and gave the company a "sector perform" rating in a research report on Monday, April 14th. Bank of America upgraded Capital One Financial from a "neutral" rating to a "buy" rating and increased their price target for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. Citigroup reduced 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. Finally, JPMorgan Chase & Co. decreased their target price on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Four 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. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $207.73.

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.