Capital One Financial Corporation $COF Shares Sold by Forsta AP Fonden

Forsta AP Fonden trimmed its holdings in Capital One Financial Corporation (NYSE:COF) by 2.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 132,394 shares of the financial services provider’s stock after selling 3,700 shares during the quarter. Forsta AP Fonden’s holdings in Capital One Financial were worth $32,087,000 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 COF. VSM Wealth Advisory LLC acquired a new stake in Capital One Financial during the 4th quarter worth about $27,000. Strive Asset Management LLC acquired a new stake in Capital One Financial during the 3rd quarter worth about $28,000. Olistico Wealth LLC acquired a new stake in Capital One Financial during the 4th quarter worth about $30,000. Rakuten Securities Inc. raised its holdings in Capital One Financial by 550.0% during the 4th quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock worth $32,000 after buying an additional 110 shares during the period. Finally, WFA of San Diego LLC acquired a new stake in Capital One Financial during the 2nd quarter worth about $32,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a report on Friday, March 27th. Wells Fargo & Company cut their price objective on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Barclays boosted their price objective on Capital One Financial from $226.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. UBS Group cut their price objective on Capital One Financial from $283.00 to $270.00 in a report on Wednesday, May 6th. Finally, Evercore cut their price objective on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a report on Monday, April 6th. 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, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus target price of $258.75.

Insider Activity at Capital One Financial

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was 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 of the company’s stock, valued at approximately $17,876,892.42. The trade was a 3.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through 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 value of $314,052.12. Following the completion of the sale, the insider directly owned 65,454 shares of the company’s stock, valued at approximately $12,148,916.94. The trade was a 2.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 8,040 shares of company stock valued at $1,498,615. 0.78% of the stock is owned by corporate insiders.

Capital One Financial Price Performance

Shares of COF opened at $188.06 on Friday. The company has a market capitalization of $117.03 billion, a price-to-earnings ratio of 65.98, a P/E/G ratio of 0.69 and a beta of 1.05. Capital One Financial Corporation has a fifty-two week low of $174.98 and a fifty-two week high of $259.64. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03. The business’s 50-day moving average is $189.11 and its 200-day moving average is $209.36.

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 during the quarter, compared to analyst estimates of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. Capital One Financial’s revenue for the quarter was up 52.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.06 EPS. Equities research analysts expect that Capital One Financial Corporation will post 19.14 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th will be issued a $0.80 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. Capital One Financial’s dividend payout ratio is currently 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.