Capital One Financial Corporation $COF Shares Sold by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S reduced its stake in shares of Capital One Financial Corporation (NYSE:COF) by 74.1% during the first quarter, Holdings Channel.com reports. The firm owned 26,879 shares of the financial services provider’s stock after selling 77,013 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Capital One Financial were worth $4,904,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Evolution Wealth Management Inc. raised its position in shares of Capital One Financial by 529.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after buying an additional 90 shares in the last quarter. VSM Wealth Advisory LLC acquired a new position in shares of Capital One Financial during the fourth quarter valued at approximately $27,000. Cherry Tree Wealth Management LLC raised its holdings in Capital One Financial by 1,312.5% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 105 shares in the last quarter. Osterweis Capital Management Inc. bought a new stake in Capital One Financial during the fourth quarter worth approximately $29,000. Finally, CrossGen Wealth LLC acquired a new stake in Capital One Financial in the fourth quarter worth approximately $30,000. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of research reports. BTIG Research reaffirmed a “buy” rating and set a $224.00 price target on shares of Capital One Financial in a research note on Wednesday, April 22nd. Barclays upped their price objective on Capital One Financial from $226.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft decreased their target price on Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. Morgan Stanley lowered their target price on Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $300.00 price target on shares of Capital One Financial in a research report on Monday, March 16th. Seventeen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.75.

Insiders Place Their Bets

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial 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 transaction, the general counsel directly owned 97,194 shares of the company’s stock, valued at $17,876,892.42. This trade represents a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total transaction of $314,052.12. Following the sale, the insider owned 65,454 shares in the company, valued at $12,148,916.94. This represents a 2.52% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,040 shares of company stock worth $1,498,615 over the last ninety days. 0.78% of the stock is currently owned by company insiders.

Capital One Financial Stock Performance

COF opened at $200.72 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46. The firm has a market cap of $124.91 billion, a PE ratio of 70.43, a P/E/G ratio of 0.73 and a beta of 1.03. The business has a fifty day simple moving average of $190.81 and a 200-day simple moving average of $206.56. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64.

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

Capital One Financial Dividend Announcement

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

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.