ASB Consultores LLC Has $247,000 Position in Capital One Financial Co. (NYSE:COF)

ASB Consultores LLC cut its holdings in Capital One Financial Co. (NYSE:COF) by 53.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,785 shares of the financial services provider’s stock after selling 2,079 shares during the quarter. ASB Consultores LLC’s holdings in Capital One Financial were worth $247,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. LRI Investments LLC acquired a new stake in shares of Capital One Financial in the 1st quarter valued at about $25,000. Silicon Valley Capital Partners acquired a new stake in Capital One Financial in the 1st quarter valued at approximately $25,000. Y.D. More Investments Ltd bought a new stake in Capital One Financial in the 2nd quarter valued at approximately $28,000. Hobbs Group Advisors LLC acquired a new position in Capital One Financial during the 2nd quarter worth approximately $29,000. Finally, Rise Advisors LLC bought a new position in shares of Capital One Financial during the 1st quarter worth approximately $33,000. 89.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on COF. Evercore ISI reduced 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 report on Tuesday, June 25th. Citigroup initiated coverage on shares of Capital One Financial in a research note on Friday. They set a “buy” rating and a $190.00 price objective for the company. Bank of America lifted their target price on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. BTIG Research initiated coverage on Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating for the company. Finally, JPMorgan Chase & Co. boosted their price target on Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday, July 8th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Capital One Financial currently has an average rating of “Hold” and a consensus price target of $147.21.

Capital One Financial Stock Down 0.5 %

Shares of COF opened at $152.28 on Friday. The firm has a market cap of $57.90 billion, a P/E ratio of 11.92, a price-to-earnings-growth ratio of 1.08 and a beta of 1.44. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a 52 week low of $88.23 and a 52 week high of $153.36. The firm’s 50-day simple moving average is $142.56 and its 200 day simple moving average is $140.88.

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 net margin of 9.01% and a return on equity of 9.31%. The firm 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 company earned $3.52 earnings per share. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, analysts forecast that Capital One Financial Co. will post 13.1 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm 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 1.58%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

Insider Buying and Selling at Capital One Financial

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