Capital One Financial Co. (NYSE:COF) Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama lowered its holdings in Capital One Financial Co. (NYSE:COF) by 2.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 83,937 shares of the financial services provider’s stock after selling 2,311 shares during the period. Retirement Systems of Alabama’s holdings in Capital One Financial were worth $11,006,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Householder Group Estate & Retirement Specialist LLC grew its holdings in shares of Capital One Financial by 1,658.3% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 199 shares in the last quarter. Bartlett & Co. LLC grew its holdings in Capital One Financial by 726.7% during the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 218 shares in the last quarter. Sound Income Strategies LLC grew its holdings in Capital One Financial by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 139 shares in the last quarter. MV Capital Management Inc. grew its holdings in Capital One Financial by 43.9% during the 4th quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider’s stock worth $45,000 after acquiring an additional 105 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new position in Capital One Financial during the 4th quarter worth approximately $47,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF opened at $141.81 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. The stock has a market capitalization of $53.94 billion, a P/E ratio of 11.10, a P/E/G ratio of 1.04 and a beta of 1.46. The company’s fifty day moving average is $141.03 and its two-hundred day moving average is $127.24. Capital One Financial Co. has a 1 year low of $83.93 and a 1 year high of $149.94.

Capital One Financial (NYSE:COFGet Free Report) last announced its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.25 by ($0.04). The firm had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.31 earnings per share. On average, sell-side analysts predict that Capital One Financial Co. will post 13.7 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 13th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.69%. Capital One Financial’s dividend payout ratio is currently 18.79%.

Insider Buying and Selling at Capital One Financial

In other news, insider Timothy P. Golden sold 8,656 shares of the company’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the transaction, the insider now directly owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Citigroup boosted their price target on shares of Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. Robert W. Baird cut shares of Capital One Financial from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $150.00 to $145.00 in a report on Monday, January 8th. JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 3rd. Evercore ISI boosted their price objective on shares of Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a research report on Thursday, March 28th. Finally, Wells Fargo & Company boosted their price objective on shares of Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 10th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $138.50.

Check Out Our Latest Stock Report on Capital One Financial

Capital One Financial Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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