Farmers & Merchants Investments Inc. Sells 870 Shares of Capital One Financial Co. (NYSE:COF)

Farmers & Merchants Investments Inc. reduced its stake in Capital One Financial Co. (NYSE:COF) by 1.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,175 shares of the financial services provider’s stock after selling 870 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Capital One Financial were worth $15,810,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in COF. Bfsg LLC bought a new stake in Capital One Financial during the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Capital One Financial in the 4th quarter valued at about $27,000. TruNorth Capital Management LLC bought a new stake in shares of Capital One Financial in the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. acquired a new stake in Capital One Financial in the 4th quarter valued at about $32,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in Capital One Financial in the 4th quarter valued at about $41,000. 89.84% of the stock is owned by institutional investors.

Insider Transactions at Capital One Financial

In other news, Director Ann F. Hackett sold 1,658 shares of the business’s stock in a transaction dated Monday, May 12th. The shares were 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 of the company’s stock, valued at $11,175,682.80. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Michael Zamsky sold 9,560 shares of the company’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 completion of the sale, the insider now directly owns 20,089 shares of the company’s stock, valued at $4,005,746.60. The trade was a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by insiders.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $192.49 on Friday. The firm has a market cap of $73.75 billion, a PE ratio of 16.61, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The firm’s fifty day moving average is $184.50 and its 200-day moving average is $185.41.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, beating 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 firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Sell-side analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial’s dividend payout ratio (DPR) is currently 20.15%.

Analyst Ratings Changes

Several brokerages recently issued reports on COF. Royal Bank of Canada set a $190.00 target price on shares of Capital One Financial and gave the company a “sector perform” rating in a research note on Monday, April 14th. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and raised their target price for the company from $190.00 to $200.00 in a research note on Tuesday, March 11th. Wells Fargo & Company increased their price target on shares of Capital One Financial from $210.00 to $225.00 and gave the company an “overweight” rating in a report on Thursday, April 24th. Citigroup lowered their price target 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, Baird R W raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 11th. Four research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $210.64.

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.