Capital One Financial Corporation $COF Shares Sold by Private Wealth Partners LLC

Private Wealth Partners LLC lowered its position in shares of Capital One Financial Corporation (NYSE:COF) by 77.0% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,000 shares of the financial services provider’s stock after selling 3,340 shares during the quarter. Private Wealth Partners LLC’s holdings in Capital One Financial were worth $213,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of COF. Brighton Jones LLC increased its position in shares of Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after acquiring an additional 10,428 shares in the last quarter. Intech Investment Management LLC boosted its position in Capital One Financial by 44.3% during the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after purchasing an additional 2,753 shares during the period. Sivia Capital Partners LLC increased its holdings in Capital One Financial by 118.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock valued at $702,000 after purchasing an additional 1,788 shares in the last quarter. NORTHSTAR ASSET MANAGEMENT Co purchased a new position in Capital One Financial in the second quarter valued at about $271,000. Finally, PFG Investments LLC lifted its stake in shares of Capital One Financial by 137.7% during the second quarter. PFG Investments LLC now owns 3,907 shares of the financial services provider’s stock worth $831,000 after purchasing an additional 2,263 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Down 0.2%

NYSE COF opened at $218.97 on Friday. The company has a market capitalization of $139.21 billion, a price-to-earnings ratio of 73.98, a price-to-earnings-growth ratio of 0.65 and a beta of 1.13. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $259.64. The company’s fifty day moving average price is $234.82 and its two-hundred day moving average price is $223.30.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.The company had revenue of $15.62 billion during the quarter, compared to the consensus estimate of $15.49 billion. During the same period in the previous year, the firm posted $2.67 EPS. Capital One Financial’s revenue for the quarter was up 53.3% on a year-over-year basis. As a group, research analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio (DPR) is 108.11%.

Insider Buying and Selling

In other Capital One Financial news, insider Lia Dean sold 3,269 shares of Capital One Financial stock in a transaction on Monday, December 1st. The shares were sold at an average price of $218.15, for a total value of $713,132.35. Following the completion of the transaction, the insider owned 69,855 shares of the company’s stock, valued at $15,238,868.25. The trade was a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Ravi Raghu sold 13,450 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $250.00, for a total transaction of $3,362,500.00. Following the sale, the insider owned 30,337 shares of the company’s stock, valued at approximately $7,584,250. The trade was a 30.72% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 195,409 shares of company stock worth $43,756,821. 1.26% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on COF. HSBC dropped their target price on Capital One Financial from $234.00 to $226.00 and set a “hold” rating on the stock in a report on Tuesday, January 20th. Zacks Research lowered shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Wells Fargo & Company boosted their target price on shares of Capital One Financial from $265.00 to $280.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Evercore ISI lowered their price target on shares of Capital One Financial from $290.00 to $265.00 and set an “outperform” rating for the company in a report on Tuesday. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $300.00 price target on shares of Capital One Financial in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $274.70.

Capital One Financial Company Profile

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.