Riverview Capital Advisers LLC Sells 359 Shares of Capital One Financial Co. (NYSE:COF)

Riverview Capital Advisers LLC decreased its holdings in Capital One Financial Co. (NYSE:COF) by 1.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,418 shares of the financial services provider’s stock after selling 359 shares during the quarter. Riverview Capital Advisers LLC’s holdings in Capital One Financial were worth $2,688,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in COF. Silicon Valley Capital Partners purchased a new stake in shares of Capital One Financial in the 1st quarter worth about $25,000. LRI Investments LLC purchased a new stake in Capital One Financial in the first quarter worth about $25,000. Y.D. More Investments Ltd bought a new stake in Capital One Financial during the 2nd quarter valued at approximately $28,000. Hobbs Group Advisors LLC bought a new stake in Capital One Financial during the 2nd quarter valued at approximately $29,000. Finally, Bartlett & CO. Wealth Management LLC raised its position in shares of Capital One Financial by 726.7% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 218 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

NYSE:COF opened at $145.43 on Thursday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market cap of $55.29 billion, a price-to-earnings ratio of 11.39, a PEG ratio of 1.08 and a beta of 1.44. Capital One Financial Co. has a 1 year low of $88.23 and a 1 year high of $153.35. The stock’s 50 day simple moving average is $142.00 and its two-hundred day simple moving average is $140.68.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The business had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.57 billion. During the same period in the previous year, the business earned $3.52 earnings per share. The business’s quarterly revenue was up 5.5% on a year-over-year basis. As a group, equities analysts anticipate that Capital One Financial Co. will post 13.1 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.65%. The ex-dividend date was Monday, August 12th. Capital One Financial’s payout ratio is currently 18.79%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and lifted their price target for the company from $145.00 to $165.00 in a research report on Thursday, June 6th. BTIG Research initiated coverage on shares of Capital One Financial in a report on Friday, June 7th. They issued a “neutral” rating on the stock. JPMorgan Chase & Co. raised their price target on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a report on Monday, July 8th. Bank of America increased their target price on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Finally, Evercore ISI decreased their target price on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $145.89.

Insider Buying and Selling at Capital One Financial

In related news, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the transaction, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares in the company, valued at approximately $11,060,100. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at $5,438,491.24. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.