Capital One Financial Co. (NYSE:COF) Shares Sold by TIAA Trust National Association

TIAA Trust National Association lowered its position in Capital One Financial Co. (NYSE:COF) by 0.6% in the first quarter, Holdings Channel reports. The fund owned 16,760 shares of the financial services provider’s stock after selling 100 shares during the period. TIAA Trust National Association’s holdings in Capital One Financial were worth $2,495,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cantor Fitzgerald Investment Advisors L.P. purchased a new position in Capital One Financial in the fourth quarter valued at approximately $2,299,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in shares of Capital One Financial by 21.4% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock valued at $4,093,000 after buying an additional 4,840 shares during the last quarter. Montag A & Associates Inc. raised its stake in Capital One Financial by 42,536.0% during the 4th quarter. Montag A & Associates Inc. now owns 21,318 shares of the financial services provider’s stock worth $2,795,000 after acquiring an additional 21,268 shares in the last quarter. First Trust Direct Indexing L.P. lifted its position in Capital One Financial by 14.3% in the fourth quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock valued at $1,667,000 after acquiring an additional 1,588 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in Capital One Financial by 20.4% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 15,817 shares of the financial services provider’s stock valued at $2,355,000 after acquiring an additional 2,675 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

COF has been the topic of a number of analyst reports. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and lifted their price objective for the company from $145.00 to $165.00 in a report on Thursday, June 6th. Wells Fargo & Company increased their price objective on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 10th. Keefe, Bruyette & Woods restated an “outperform” rating and set a $159.00 target price on shares of Capital One Financial in a research report on Wednesday, March 27th. JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a report on Monday, July 8th. Finally, BTIG Research began coverage on shares of Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $144.21.

Insider Buying and Selling at Capital One Financial

In other news, insider Timothy P. Golden sold 8,656 shares of the company’s stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total value of $1,246,810.24. Following the sale, the insider now owns 10,246 shares in the company, valued at approximately $1,475,833.84. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the transaction, the insider now directly owns 10,246 shares in the company, valued at $1,475,833.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Robert M. Alexander sold 30,742 shares of the business’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares of the company’s stock, valued at $11,060,100. The disclosure for this sale can be found here. Insiders sold a total of 56,311 shares of company stock worth $8,274,640 in the last 90 days. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Stock Down 1.5 %

NYSE COF traded down $2.17 during trading hours on Monday, hitting $145.10. The company had a trading volume of 1,617,259 shares, compared to its average volume of 2,521,636. The firm’s 50 day moving average is $138.90 and its 200 day moving average is $138.34. The company has a market capitalization of $55.17 billion, a price-to-earnings ratio of 11.36, a P/E/G ratio of 1.16 and a beta of 1.45. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $153.35. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 1.00.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing the consensus estimate of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The company had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. During the same period last year, the firm posted $2.31 earnings per share. The business’s revenue was up 5.6% on a year-over-year basis. Sell-side analysts anticipate that Capital One Financial Co. will post 13.4 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were given a $0.60 dividend. The ex-dividend date of this dividend was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a yield of 1.65%. Capital One Financial’s payout ratio is currently 18.79%.

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.