Dowling & Yahnke LLC lessened its stake in shares of Capital One Financial Corp. (NYSE:COF) by 5.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,419 shares of the financial services provider’s stock after selling 536 shares during the quarter. Dowling & Yahnke LLC’s holdings in Capital One Financial were worth $769,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of the business. Pinnacle Bank acquired a new position in Capital One Financial in the fourth quarter valued at approximately $28,000. Bogart Wealth LLC boosted its stake in Capital One Financial by 72.5% in the first quarter. Bogart Wealth LLC now owns 440 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 185 shares during the period. Advisors Asset Management Inc. boosted its stake in Capital One Financial by 4,033.3% in the fourth quarter. Advisors Asset Management Inc. now owns 496 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 484 shares during the period. Lavaca Capital LLC acquired a new position in shares of Capital One Financial during the fourth quarter worth approximately $40,000. Finally, Valeo Financial Advisors LLC boosted its position in shares of Capital One Financial by 115.2% during the first quarter. Valeo Financial Advisors LLC now owns 566 shares of the financial services provider’s stock worth $46,000 after buying an additional 303 shares during the period. Institutional investors own 88.25% of the company’s stock.
In other Capital One Financial news, insider Kleber Santos sold 2,928 shares of the business’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of $84.54, for a total transaction of $247,533.12. Following the sale, the insider now directly owns 19,454 shares of the company’s stock, valued at approximately $1,644,641.16. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.43% of the stock is owned by insiders.
Shares of NYSE COF traded up $1.53 during trading on Friday, hitting $90.78. The company had a trading volume of 1,159,500 shares, compared to its average volume of 2,457,630. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.99 and a current ratio of 1.00. Capital One Financial Corp. has a 52 week low of $69.90 and a 52 week high of $101.26. The stock has a market capitalization of $42.42 billion, a P/E ratio of 8.34, a P/E/G ratio of 0.92 and a beta of 1.30.
Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, April 25th. The financial services provider reported $2.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.22. Capital One Financial had a net margin of 18.47% and a return on equity of 10.95%. The company had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $7.03 billion. During the same period in the previous year, the business earned $2.62 EPS. The company’s revenue was up 2.5% on a year-over-year basis. On average, research analysts forecast that Capital One Financial Corp. will post 11.09 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, May 23rd. Shareholders of record on Monday, May 13th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend was Friday, May 10th. Capital One Financial’s dividend payout ratio (DPR) is currently 14.71%.
Several equities analysts have recently issued reports on the company. ValuEngine upgraded Capital One Financial from a “sell” rating to a “hold” rating in a research report on Friday, April 26th. Royal Bank of Canada reiterated a “sector perform” rating and set a $98.00 price objective on shares of Capital One Financial in a research report on Friday, May 3rd. Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and upped their target price for the stock from $95.00 to $115.00 in a research report on Tuesday, May 14th. Finally, Zacks Investment Research downgraded Capital One Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $104.35.
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About Capital One Financial
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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