Centaurus Financial Inc. Has $162,000 Stock Position in Capital One Financial Corporation $COF

Centaurus Financial Inc. lowered its position in shares of Capital One Financial Corporation (NYSE:COF) by 85.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 763 shares of the financial services provider’s stock after selling 4,470 shares during the quarter. Centaurus Financial Inc.’s holdings in Capital One Financial were worth $162,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in COF. WPG Advisers LLC acquired a new position in Capital One Financial during the 1st quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC grew its position in shares of Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after buying an additional 62 shares during the last quarter. Olistico Wealth LLC boosted its holdings in Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 101 shares during the last quarter. Saudi Central Bank bought a new position in Capital One Financial during the first quarter worth $27,000. Finally, RMG Wealth Management LLC acquired a new position in shares of Capital One Financial in the 2nd quarter valued at about $27,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of COF stock opened at $242.67 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The business’s fifty day moving average is $220.07 and its 200 day moving average is $216.32. The stock has a market cap of $154.27 billion, a price-to-earnings ratio of 102.39, a PEG ratio of 0.55 and a beta of 1.16. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $244.82.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The company had revenue of $15.46 billion during the quarter. Research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were paid a dividend of $0.80 per share. The ex-dividend date was Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio is presently 135.02%.

Analyst Ratings Changes

COF has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft boosted their price objective on Capital One Financial from $240.00 to $263.00 and gave the company a “hold” rating in a report on Wednesday. Robert W. Baird raised their target price on Capital One Financial from $245.00 to $270.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. UBS Group dropped their price objective on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a report on Tuesday, October 7th. Finally, Jefferies Financial Group raised their price target on Capital One Financial from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $264.25.

Insider Activity at Capital One Financial

In other news, insider Neal Blinde sold 43,200 shares of the stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $221.83, for a total value of $9,583,056.00. Following the completion of the sale, the insider directly owned 73,020 shares of the company’s stock, valued at $16,198,026.60. This represents a 37.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Celia Karam sold 2,936 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $218.15, for a total value of $640,488.40. Following the sale, the insider directly owned 63,433 shares in the company, valued at approximately $13,837,908.95. This represents a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 280,218 shares of company stock valued at $62,395,804 in the last three months. Corporate insiders own 1.26% 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.