Capital One Financial Corporation $COF Stock Holdings Trimmed by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC trimmed its position in Capital One Financial Corporation (NYSE:COF) by 90.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,593 shares of the financial services provider’s stock after selling 127,488 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Capital One Financial were worth $2,890,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. WPG Advisers LLC acquired a new stake in Capital One Financial in the first quarter worth $25,000. Moisand Fitzgerald Tamayo LLC lifted its stake in shares of Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 62 shares during the period. Olistico Wealth LLC boosted its stake in Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 101 shares in the last quarter. Saudi Central Bank bought a new position in Capital One Financial during the first quarter valued at about $27,000. Finally, RMG Wealth Management LLC bought a new position in shares of Capital One Financial during the 2nd quarter valued at about $27,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 2,936 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $218.15, for a total transaction of $640,488.40. Following the transaction, the insider directly owned 63,433 shares in the company, valued at $13,837,908.95. This trade represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Frank G. LapradeIii sold 17,840 shares of the company’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $222.03, for a total value of $3,961,015.20. Following the sale, the insider owned 48,315 shares of the company’s stock, valued at approximately $10,727,379.45. This trade represents a 26.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 280,218 shares of company stock worth $62,395,804 in the last ninety days. Company insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

COF opened at $247.42 on Friday. The stock has a fifty day moving average price of $223.90 and a 200 day moving average price of $218.15. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $249.65. The stock has a market cap of $157.29 billion, a price-to-earnings ratio of 104.40, a PEG ratio of 0.57 and a beta of 1.16.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The business had revenue of $15.46 billion during the quarter. Analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were paid a dividend of $0.80 per share. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, November 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.3%. Capital One Financial’s dividend payout ratio (DPR) is currently 135.02%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on COF shares. Wolfe Research initiated coverage on Capital One Financial in a research note on Monday, December 8th. They set an “outperform” rating and a $270.00 price objective for the company. TD Cowen increased their price target on Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research report on Monday, October 6th. JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $235.00 to $237.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Robert W. Baird upped their price objective on shares of Capital One Financial from $245.00 to $270.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Capital One Financial from $240.00 to $263.00 and gave the stock a “hold” rating in a research report on Wednesday, December 17th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have given 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 $265.25.

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.