Integrated Advisors Network LLC Cuts Stake in Capital One Financial Co. (NYSE:COF)

Integrated Advisors Network LLC lowered its position in shares of Capital One Financial Co. (NYSE:COF) by 2.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 28,695 shares of the financial services provider’s stock after selling 650 shares during the period. Integrated Advisors Network LLC’s holdings in Capital One Financial were worth $5,117,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of COF. Norden Group LLC raised its holdings in Capital One Financial by 2.6% in the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock valued at $358,000 after buying an additional 51 shares during the period. Catalyst Financial Partners LLC raised its holdings in Capital One Financial by 3.9% in the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock valued at $255,000 after buying an additional 54 shares during the period. Quadrant Capital Group LLC raised its holdings in Capital One Financial by 1.0% in the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider’s stock valued at $936,000 after buying an additional 54 shares during the period. Gladstone Institutional Advisory LLC raised its holdings in Capital One Financial by 3.3% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after buying an additional 56 shares during the period. Finally, TFB Advisors LLC raised its holdings in Capital One Financial by 4.1% in the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after buying an additional 59 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Activity

In other news, Director Ann F. Hackett sold 1,658 shares of the business’s stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the completion of the transaction, the director now owns 56,244 shares of the company’s stock, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Michael Zamsky sold 9,560 shares of the business’s stock in a transaction on Monday, May 12th. The shares were sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the transaction, the insider now directly owns 20,089 shares of the company’s stock, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on COF. Royal Bank of Canada set a $190.00 price objective on shares of Capital One Financial and gave the company a “sector perform” rating in a research note on Monday, April 14th. JPMorgan Chase & Co. decreased their price objective on shares of Capital One Financial from $198.00 to $170.00 and set a “neutral” rating for the company in a report on Tuesday, April 8th. Bank of America upped their target price on shares of Capital One Financial from $223.00 to $233.00 and gave the company a “buy” rating in a research note on Wednesday. Truist Financial upped their target price on shares of Capital One Financial from $215.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, April 25th. Finally, Citigroup cut their target price on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, March 24th. Four research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $207.60.

Capital One Financial Stock Performance

Capital One Financial stock opened at $184.67 on Friday. The company has a market cap of $70.75 billion, a PE ratio of 15.93, a P/E/G ratio of 1.19 and a beta of 1.13. The company has a fifty day moving average price of $177.91 and a two-hundred day moving average price of $184.54. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping analysts’ consensus estimates of $3.75 by $0.31. The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Research analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Friday, May 23rd. Capital One Financial’s dividend payout ratio (DPR) is 20.15%.

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.