Capital One Financial Co. (NYSE:COF) Shares Sold by Spire Wealth Management

Spire Wealth Management cut its stake in Capital One Financial Co. (NYSE:COF) by 4.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 5,932 shares of the financial services provider’s stock after selling 256 shares during the period. Spire Wealth Management’s holdings in Capital One Financial were worth $759,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Householder Group Estate & Retirement Specialist LLC grew its holdings in shares of Capital One Financial by 1,658.3% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 199 shares during the period. Bartlett & Co. LLC raised its stake in shares of Capital One Financial by 726.7% in the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 218 shares during the period. Sound Income Strategies LLC lifted its holdings in shares of Capital One Financial by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 139 shares in the last quarter. MV Capital Management Inc. boosted its position in Capital One Financial by 43.9% during the 4th quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 105 shares during the period. Finally, Headlands Technologies LLC acquired a new stake in Capital One Financial in the 4th quarter valued at $47,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

Shares of COF stock opened at $142.87 on Thursday. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86. The business has a 50 day moving average of $141.46 and a two-hundred day moving average of $128.71. The company has a market cap of $54.32 billion, a P/E ratio of 11.19, a PEG ratio of 1.03 and a beta of 1.46. Capital One Financial Co. has a 52 week low of $85.22 and a 52 week high of $149.94.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The company had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.35 billion. During the same quarter in the previous year, the company earned $2.31 earnings per share. Capital One Financial’s quarterly revenue was up 5.6% compared to the same quarter last year. As a group, analysts anticipate that Capital One Financial Co. will post 13.7 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 13th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.68%. The ex-dividend date is Friday, May 10th. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on COF shares. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price for the company in a research report on Thursday, April 4th. Wells Fargo & Company increased their price objective on shares of Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Wednesday, April 10th. Citigroup boosted their target price on shares of Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. JPMorgan Chase & Co. raised their price target on shares of Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a report on Wednesday, April 3rd. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $159.00 price objective on shares of Capital One Financial in a report on Wednesday, March 27th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $138.50.

Insider Buying and Selling at Capital One Financial

In other news, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the transaction, the insider now directly owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is owned by company insiders.

Capital One Financial Profile

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.