Two Sigma Advisers LP Sells 144,100 Shares of Capital One Financial Co. (NYSE:COF)

Two Sigma Advisers LP decreased its position in Capital One Financial Co. (NYSE:COF) by 48.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 150,800 shares of the financial services provider’s stock after selling 144,100 shares during the quarter. Two Sigma Advisers LP’s holdings in Capital One Financial were worth $26,891,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Bfsg LLC bought a new position in Capital One Financial during the fourth quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Capital One Financial in the 4th quarter valued at $27,000. TruNorth Capital Management LLC bought a new position in shares of Capital One Financial during the 4th quarter valued at $29,000. SBI Securities Co. Ltd. bought a new position in shares of Capital One Financial during the 4th quarter valued at $32,000. Finally, Murphy & Mullick Capital Management Corp purchased a new position in Capital One Financial in the 4th quarter worth $41,000. Institutional investors own 89.84% of the company’s stock.

Insiders Place Their Bets

In other Capital One Financial news, insider Michael Zamsky sold 9,560 shares of the firm’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $199.40, for a total value of $1,906,264.00. Following the completion of the sale, the insider now directly owns 20,089 shares in the company, valued at $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $198.70, for a total value of $329,444.60. Following the sale, the director now directly owns 56,244 shares in the company, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on COF. Citigroup lowered their price target on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, March 24th. Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 11th. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and increased their target price for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. Barclays raised their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Finally, Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $190.00 to $200.00 in a research note on Tuesday, March 11th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $207.73.

Capital One Financial Trading Down 0.8%

NYSE COF opened at $195.90 on Wednesday. The stock has a market cap of $75.06 billion, a P/E ratio of 16.90, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The stock has a 50 day simple moving average of $176.82 and a two-hundred day simple moving average of $184.25. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

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

Capital One Financial Dividend Announcement

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

Capital One Financial Profile

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.