Dimensional Fund Advisors LP Sells 880,682 Shares of Capital One Financial Corporation $COF

Dimensional Fund Advisors LP lessened its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 18.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,785,542 shares of the financial services provider’s stock after selling 880,682 shares during the quarter. Dimensional Fund Advisors LP owned 0.60% of Capital One Financial worth $805,210,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Howard Hughes Medical Institute bought a new stake in shares of Capital One Financial during the second quarter worth about $29,000. Legacy Investment Solutions LLC bought a new stake in Capital One Financial during the 2nd quarter worth approximately $30,000. WFA of San Diego LLC purchased a new stake in shares of Capital One Financial in the second quarter worth approximately $32,000. Crowley Wealth Management Inc. purchased a new stake in shares of Capital One Financial in the third quarter worth approximately $33,000. Finally, Valued Wealth Advisors LLC lifted its holdings in shares of Capital One Financial by 121.0% in the second quarter. Valued Wealth Advisors LLC now owns 179 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 98 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Down 0.4%

NYSE:COF opened at $193.59 on Wednesday. The firm’s 50 day moving average is $225.22 and its 200 day moving average is $222.69. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $259.64. The stock has a market capitalization of $120.40 billion, a PE ratio of 65.40, a price-to-earnings-growth ratio of 0.58 and a beta of 1.14. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.During the same period in the previous year, the company earned $2.67 earnings per share. The firm’s revenue for the quarter was up 53.3% compared to the same quarter last year. Sell-side analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Thursday, February 19th. Capital One Financial’s dividend payout ratio (DPR) is currently 108.11%.

Insider Transactions at Capital One Financial

In related news, insider Celia Karam sold 2,108 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $218.25, for a total value of $460,071.00. Following the completion of the transaction, the insider directly owned 59,269 shares of the company’s stock, valued at approximately $12,935,459.25. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Lia Dean sold 3,284 shares of the business’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total transaction of $734,565.12. Following the sale, the insider directly owned 70,162 shares in the company, valued at $15,693,836.16. The trade was a 4.47% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 67,933 shares of company stock valued at $14,363,897. 1.26% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. HSBC decreased their price target on Capital One Financial from $234.00 to $226.00 and set a “hold” rating for the company in a report on Tuesday, January 20th. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $237.00 to $256.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Citigroup boosted their price target on shares of Capital One Financial from $290.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday, December 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research note on Monday, December 29th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $275.00 target price on shares of Capital One Financial in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $274.70.

Capital One Financial Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.