Capital One Financial Corporation $COF Shares Sold by Private Wealth Partners LLC

Private Wealth Partners LLC cut its stake in shares of Capital One Financial Corporation (NYSE:COF) by 77.0% in the 3rd quarter, Holdings Channel reports. The firm owned 1,000 shares of the financial services provider’s stock after selling 3,340 shares during the quarter. Private Wealth Partners LLC’s holdings in Capital One Financial were worth $213,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC grew its stake in Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after buying an additional 10,428 shares during the last quarter. Intech Investment Management LLC boosted its holdings in shares of Capital One Financial by 44.3% during the first quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock valued at $1,608,000 after acquiring an additional 2,753 shares during the period. Sivia Capital Partners LLC grew its position in shares of Capital One Financial by 118.3% during the second quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock worth $702,000 after acquiring an additional 1,788 shares during the last quarter. NORTHSTAR ASSET MANAGEMENT Co acquired a new stake in shares of Capital One Financial in the 2nd quarter worth about $271,000. Finally, PFG Investments LLC lifted its position in Capital One Financial by 137.7% in the 2nd quarter. PFG Investments LLC now owns 3,907 shares of the financial services provider’s stock valued at $831,000 after purchasing an additional 2,263 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Down 0.2%

Shares of Capital One Financial stock opened at $218.97 on Friday. The business has a fifty day simple moving average of $234.82 and a 200-day simple moving average of $223.30. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $259.64. The firm has a market cap of $139.21 billion, a price-to-earnings ratio of 73.98, a price-to-earnings-growth ratio of 0.65 and a beta of 1.13. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.The business had revenue of $15.62 billion during the quarter, compared to the consensus estimate of $15.49 billion. During the same quarter last year, the firm posted $2.67 earnings per share. Capital One Financial’s revenue was up 53.3% compared to the same quarter last year. On average, equities 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 announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were paid a dividend of $0.80 per share. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, November 17th. Capital One Financial’s dividend payout ratio (DPR) is currently 108.11%.

Insider Activity

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $250.00, for a total transaction of $500,000.00. Following the completion of the sale, the general counsel owned 92,486 shares in the company, valued at approximately $23,121,500. This represents a 2.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank G. LapradeIii sold 17,840 shares of the firm’s stock in a transaction on 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 directly owned 48,315 shares of the company’s stock, valued at approximately $10,727,379.45. This represents a 26.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 195,409 shares of company stock valued at $43,756,821 in the last ninety days. 1.26% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on COF shares. Wells Fargo & Company upped their target price on shares of Capital One Financial from $265.00 to $280.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Morgan Stanley boosted their price objective on Capital One Financial from $280.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 20th. UBS Group lowered their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $237.00 to $256.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Finally, TD Cowen reissued a “buy” rating on shares of Capital One Financial in a research note on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average 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.