Capital One Financial Corporation $COF Shares Sold by Strs Ohio

Strs Ohio decreased its position in shares of Capital One Financial Corporation (NYSE:COF) by 3.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 182,644 shares of the financial services provider’s stock after selling 5,736 shares during the period. Strs Ohio’s holdings in Capital One Financial were worth $44,266,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Olistico Wealth LLC acquired a new position in Capital One Financial during the 4th quarter worth about $30,000. Rakuten Securities Inc. raised its position in Capital One Financial by 550.0% in the 4th quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 110 shares in the last quarter. Strive Asset Management LLC acquired a new stake in Capital One Financial in the 3rd quarter valued at about $28,000. Westfuller Advisors LLC raised its position in Capital One Financial by 661.1% in the 4th quarter. Westfuller Advisors LLC now owns 137 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 119 shares in the last quarter. Finally, NBT Bank N A NY acquired a new stake in Capital One Financial in the 4th quarter valued at about $36,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on COF. Deutsche Bank Aktiengesellschaft reduced their price target on Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. JPMorgan Chase & Co. increased their price target on Capital One Financial from $213.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. Wall Street Zen lowered Capital One Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Truist Financial reduced their price target on Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. Finally, Rothschild & Co Redburn reduced their price target on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday. Eighteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus price target of $258.14.

Insiders Place Their Bets

In other Capital One Financial news, insider Celia Karam sold 1,099 shares of Capital One Financial stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total transaction of $203,985.39. Following the transaction, the insider owned 63,323 shares of the company’s stock, valued at $11,753,382.03. The trade was a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of Capital One Financial stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total value of $314,052.12. Following the transaction, the insider directly owned 65,454 shares in the company, valued at approximately $12,148,916.94. This trade represents a 2.52% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 50,047 shares of company stock worth $9,742,217 over the last 90 days. Insiders own 0.78% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE COF opened at $191.87 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a fifty-two week low of $174.98 and a fifty-two week high of $259.64. The firm has a market capitalization of $119.33 billion, a PE ratio of 67.32, a price-to-earnings-growth ratio of 0.70 and a beta of 1.05. The stock’s 50-day simple moving average is $190.44 and its 200-day simple moving average is $213.45.

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 the consensus estimate of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The business had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. During the same period last year, the business posted $4.06 EPS. Capital One Financial’s revenue was up 52.3% on a year-over-year basis. As a group, equities research analysts forecast that Capital One Financial Corporation will post 19.17 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, February 19th. Capital One Financial’s dividend payout ratio (DPR) is 112.28%.

About Capital One Financial

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.