Capital One Financial Corporation $COF Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. cut its stake in shares of Capital One Financial Corporation (NYSE:COF) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 188,331 shares of the financial services provider’s stock after selling 4,322 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Capital One Financial were worth $45,645,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in COF. Vanguard Group Inc. lifted its stake in Capital One Financial by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider’s stock valued at $13,789,615,000 after buying an additional 360,071 shares during the last quarter. Franklin Resources Inc. grew its holdings in Capital One Financial by 5.4% in the 4th quarter. Franklin Resources Inc. now owns 12,476,462 shares of the financial services provider’s stock worth $3,023,795,000 after buying an additional 638,158 shares in the last quarter. Morgan Stanley increased its position in Capital One Financial by 3.9% in the 4th quarter. Morgan Stanley now owns 8,677,981 shares of the financial services provider’s stock valued at $2,103,196,000 after acquiring an additional 323,350 shares during the period. Norges Bank acquired a new stake in Capital One Financial in the 4th quarter valued at approximately $2,089,803,000. Finally, Davis Selected Advisers raised its stake in Capital One Financial by 2.8% during the 4th quarter. Davis Selected Advisers now owns 8,614,766 shares of the financial services provider’s stock valued at $2,087,878,000 after acquiring an additional 234,649 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total value of $643,755.00. Following the completion of the sale, the general counsel owned 97,194 shares in the company, valued at approximately $17,876,892.42. This represents a 3.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total transaction of $314,052.12. Following the completion of the transaction, the insider directly owned 65,454 shares of the company’s stock, valued at $12,148,916.94. This represents a 2.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 8,040 shares of company stock worth $1,498,615 over the last 90 days. 0.78% of the stock is owned by company insiders.

Capital One Financial Stock Up 0.0%

COF opened at $200.69 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $124.89 billion, a PE ratio of 70.42, a P/E/G ratio of 0.72 and a beta of 1.03. The stock’s fifty day moving average is $190.09 and its 200-day moving average is $206.97. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The business had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The company’s quarterly revenue was up 52.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.06 earnings per share. On average, equities analysts predict that Capital One Financial Corporation will post 19.51 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, May 19th. Capital One Financial’s dividend payout ratio (DPR) is 112.28%.

Analysts Set New Price Targets

Several research firms have recently issued reports on COF. JPMorgan Chase & Co. increased their price target on Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. UBS Group cut their price objective on shares of Capital One Financial from $283.00 to $270.00 in a research note on Wednesday, May 6th. The Goldman Sachs Group decreased their target price on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. Royal Bank Of Canada lowered their target price on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a research note on Friday, April 10th. Finally, Jefferies Financial Group restated a “buy” rating and set a $300.00 price target on shares of Capital One Financial in a research report on Monday, March 16th. Seventeen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and a consensus target price of $258.75.

Capital One Financial Company 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.