Aberdeen Group plc Sells 5,803 Shares of Capital One Financial Corporation $COF

Aberdeen Group plc lessened its holdings in Capital One Financial Corporation (NYSE:COF) by 1.2% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 473,806 shares of the financial services provider’s stock after selling 5,803 shares during the period. Aberdeen Group plc owned about 0.07% of Capital One Financial worth $105,943,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Atlantic Edge Private Wealth Management LLC grew its position in shares of Capital One Financial by 66.7% during the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 50 shares during the period. Solstein Capital LLC bought a new position in Capital One Financial in the 2nd quarter worth $28,000. Roble Belko & Company Inc purchased a new position in Capital One Financial during the second quarter valued at $28,000. FNY Investment Advisers LLC bought a new stake in Capital One Financial during the second quarter valued at about $28,000. Finally, Howard Hughes Medical Institute bought a new stake in Capital One Financial during the second quarter valued at about $29,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

NYSE COF opened at $207.60 on Monday. The business’s 50 day moving average price is $234.33 and its 200-day moving average price is $223.61. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $259.64. The company has a market cap of $131.98 billion, a P/E ratio of 70.14, a P/E/G ratio of 0.61 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.

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

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, February 19th. Capital One Financial’s payout ratio is presently 108.11%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Robert W. Baird boosted their price objective 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 downgraded Capital One Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Wells Fargo & Company boosted their price target on Capital One Financial from $265.00 to $280.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a research note on Monday, December 29th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $275.00 price objective on shares of Capital One Financial in a research report on Monday, January 12th. One 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 a consensus rating of “Moderate Buy” and a consensus target price of $274.70.

Insider Buying and Selling

In other news, insider Celia Karam sold 2,108 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $218.25, for a total transaction of $460,071.00. Following the sale, the insider directly owned 59,269 shares of the company’s stock, valued at $12,935,459.25. The trade was a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ravi Raghu sold 13,450 shares of the company’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 completion of the transaction, the insider directly owned 30,337 shares in the company, valued at approximately $7,584,250. The trade was a 30.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 34,274 shares of company stock valued at $8,131,054. Company insiders own 1.26% of the company’s stock.

Capital One Financial 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.