Shell Asset Management Co. Decreases Holdings in Capital One Financial Co. (NYSE:COF)

Shell Asset Management Co. decreased its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 15.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,499 shares of the financial services provider's stock after selling 1,751 shares during the quarter. Shell Asset Management Co.'s holdings in Capital One Financial were worth $1,694,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Bfsg LLC bought a new position in shares of Capital One Financial during the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Capital One Financial in the fourth quarter worth $27,000. TruNorth Capital Management LLC purchased a new stake in Capital One Financial in the fourth quarter worth about $29,000. SBI Securities Co. Ltd. bought a new position in shares of Capital One Financial in the 4th quarter worth $32,000. Finally, Decker Retirement Planning Inc. purchased a new position in Capital One Financial in the fourth quarter valued at about $32,000. 89.84% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Michael Zamsky sold 9,560 shares of the business's 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 transaction, the insider now owns 20,089 shares in the company, valued at $4,005,746.60. The trade was a 32.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ann F. Hackett sold 1,658 shares of the company'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 completion of the sale, the director now directly owns 56,244 shares in the company, valued at $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. Insiders own 1.26% of the company's stock.

Capital One Financial Stock Performance

NYSE COF traded down $1.51 during trading on Tuesday, reaching $195.90. The company's stock had a trading volume of 5,236,035 shares, compared to its average volume of 3,386,064. 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 12 month low of $128.23 and a 12 month high of $210.67. The firm has a market capitalization of $75.06 billion, a price-to-earnings ratio of 16.90, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. The firm has a 50 day moving average price of $176.22 and a 200 day moving average price of $184.17.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share 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 for the quarter, compared to analysts' expectations of $10.07 billion. As a group, equities analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Friday, May 23rd will be given a dividend of $0.60 per share. 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 payout ratio is currently 20.15%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Argus upgraded Capital One Financial to a "strong-buy" rating in a research report on Thursday, January 23rd. BTIG Research upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price target for the company in a research report on Tuesday, March 25th. Barclays raised their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 22nd. JPMorgan Chase & Co. lowered their price objective on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Finally, Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their price target for the company from $190.00 to $200.00 in a research note on Tuesday, March 11th. Four equities research 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. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $207.73.

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.