Css LLC Il Sells 440 Shares of Capital One Financial Co. (NYSE:COF)

Css LLC Il cut its stake in Capital One Financial Co. (NYSE:COF) by 5.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,618 shares of the financial services provider’s stock after selling 440 shares during the period. Css LLC Il’s holdings in Capital One Financial were worth $1,358,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Bfsg LLC bought a new position in Capital One Financial in the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC bought a new position in Capital One Financial in the fourth quarter worth approximately $29,000. SBI Securities Co. Ltd. bought a new position in Capital One Financial in the fourth quarter worth approximately $32,000. Finally, Murphy & Mullick Capital Management Corp purchased a new position in Capital One Financial during the 4th quarter worth $41,000. 89.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. BTIG Research raised Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target on the stock in a research report on Tuesday, March 25th. Evercore ISI upgraded shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price on the stock in a report on Wednesday, March 12th. Wells Fargo & Company raised their target price on shares of Capital One Financial from $210.00 to $225.00 and gave the company an “overweight” rating in a research report on Thursday, April 24th. Truist Financial upped their price target on shares of Capital One Financial from $215.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, April 25th. Finally, Argus raised shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $207.73.

Capital One Financial Stock Down 0.8%

Shares of COF stock opened at $195.90 on Wednesday. The stock’s fifty day moving average price is $176.82 and its 200 day moving average price is $184.25. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The company has a market cap of $75.06 billion, a price-to-earnings ratio of 16.90, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, topping analysts’ consensus estimates of $3.75 by $0.31. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. On average, research analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be paid a dividend of $0.60 per share. The ex-dividend date is Friday, May 23rd. This represents a $2.40 annualized dividend and a dividend yield of 1.23%. Capital One Financial’s payout ratio is currently 20.15%.

Insider Activity

In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the completion of the sale, the director now owns 56,244 shares of the company’s stock, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michael Zamsky sold 9,560 shares of the firm’s stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $199.40, for a total value of $1,906,264.00. Following the completion of the transaction, the insider now owns 20,089 shares of the company’s stock, valued at approximately $4,005,746.60. The trade was a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.