Ironwood Investment Counsel LLC Sells 4,078 Shares of Capital One Financial Corporation $COF

Ironwood Investment Counsel LLC cut its holdings in Capital One Financial Corporation (NYSE:COF) by 50.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,072 shares of the financial services provider’s stock after selling 4,078 shares during the period. Ironwood Investment Counsel LLC’s holdings in Capital One Financial were worth $866,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Mather Group LLC. raised its position in shares of Capital One Financial by 1.0% in the third quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock valued at $965,000 after buying an additional 47 shares in the last quarter. Optas LLC raised its holdings in Capital One Financial by 1.4% in the 3rd quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock valued at $741,000 after acquiring an additional 49 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of Capital One Financial by 1.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 4,450 shares of the financial services provider’s stock valued at $946,000 after acquiring an additional 49 shares during the period. Bridges Investment Management Inc. grew its holdings in shares of Capital One Financial by 0.4% during the 3rd quarter. Bridges Investment Management Inc. now owns 11,251 shares of the financial services provider’s stock worth $2,392,000 after purchasing an additional 49 shares in the last quarter. Finally, Atlantic Edge Private Wealth Management LLC increased its position in shares of Capital One Financial by 66.7% in the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 50 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Activity

In related news, 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 value of $3,362,500.00. Following the sale, the insider owned 30,337 shares of the company’s stock, valued at $7,584,250. The trade was a 30.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Lia Dean sold 3,284 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $223.68, for a total value of $734,565.12. Following the transaction, the insider directly owned 70,162 shares of the company’s stock, valued at approximately $15,693,836.16. This represents a 4.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 52,114 shares of company stock worth $12,092,070. Company insiders own 1.26% of the company’s stock.

Capital One Financial Stock Up 2.7%

Shares of NYSE:COF opened at $222.72 on Friday. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $259.64. The company has a market capitalization of $141.59 billion, a PE ratio of 75.24, a price-to-earnings-growth ratio of 0.64 and a beta of 1.14. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04. The company has a fifty day moving average of $235.54 and a 200-day moving average of $223.50.

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

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 19th will be given a dividend of $0.80 per share. The ex-dividend date is Thursday, February 19th. This represents a $3.20 annualized dividend and a yield of 1.4%. Capital One Financial’s dividend payout ratio (DPR) is currently 108.11%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on COF shares. Keefe, Bruyette & Woods upped their price objective on shares of Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. The Goldman Sachs Group reissued a “buy” rating and issued a $300.00 price objective on shares of Capital One Financial in a research note on Tuesday, January 6th. TD Cowen restated a “buy” rating on shares of Capital One Financial in a research report on Thursday, January 8th. Citigroup raised their target price on Capital One Financial from $290.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, December 31st. Finally, Truist Financial lowered their price target on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and an average 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.