Capital One Financial Co. (NYSE:COF) Position Trimmed by Xponance Inc.

Xponance Inc. lowered its stake in Capital One Financial Co. (NYSE:COF) by 1.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 52,537 shares of the financial services provider’s stock after selling 991 shares during the period. Xponance Inc.’s holdings in Capital One Financial were worth $7,274,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of COF. Gryphon Financial Partners LLC boosted its position in shares of Capital One Financial by 3.3% in the 4th quarter. Gryphon Financial Partners LLC now owns 3,538 shares of the financial services provider’s stock valued at $464,000 after purchasing an additional 114 shares during the period. Advisory Services Network LLC boosted its holdings in shares of Capital One Financial by 1.0% in the fourth quarter. Advisory Services Network LLC now owns 12,296 shares of the financial services provider’s stock worth $1,612,000 after buying an additional 125 shares during the period. Nomura Asset Management Co. Ltd. increased its position in shares of Capital One Financial by 2.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 107,233 shares of the financial services provider’s stock worth $14,060,000 after acquiring an additional 2,128 shares in the last quarter. Glassman Wealth Services raised its holdings in shares of Capital One Financial by 13.7% during the fourth quarter. Glassman Wealth Services now owns 1,229 shares of the financial services provider’s stock valued at $161,000 after acquiring an additional 148 shares during the period. Finally, Cantor Fitzgerald Investment Advisors L.P. purchased a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $2,299,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling

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

Capital One Financial Price Performance

NYSE COF opened at $151.22 on Tuesday. The company has a market cap of $57.49 billion, a P/E ratio of 11.84, a P/E/G 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 $154.18. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. The company has a fifty day simple moving average of $142.69 and a 200 day simple moving average of $141.03.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The business had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.57 billion. During the same period in the prior year, the business posted $3.52 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, sell-side analysts predict that Capital One Financial Co. will post 13.1 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were given a $0.60 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 annualized dividend and a dividend yield of 1.59%. Capital One Financial’s dividend payout ratio is 18.79%.

Analyst Ratings Changes

COF has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, July 8th. Bank of America increased their price objective on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and lifted their target price for the company from $145.00 to $165.00 in a research note on Thursday, June 6th. BTIG Research initiated coverage on shares of Capital One Financial in a research report on Friday, June 7th. They issued a “neutral” rating for the company. Finally, Citigroup began coverage on shares of Capital One Financial in a research report on Friday. They set a “buy” rating and a $190.00 price objective on the stock. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $147.21.

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.