TD Private Client Wealth LLC reduced its position in Capital One Financial Corporation (NYSE:COF) by 15.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,073 shares of the financial services provider’s stock after selling 3,046 shares during the period. TD Private Client Wealth LLC’s holdings in Capital One Financial were worth $4,138,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Strive Asset Management LLC purchased a new position in shares of Capital One Financial in the third quarter worth approximately $28,000. Olistico Wealth LLC purchased a new position in shares of Capital One Financial in the fourth quarter worth approximately $30,000. Rakuten Securities Inc. increased its position in shares of Capital One Financial by 550.0% in the fourth quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 110 shares in the last quarter. WFA of San Diego LLC purchased a new position in shares of Capital One Financial in the second quarter worth approximately $32,000. Finally, Westfuller Advisors LLC increased its position in shares of Capital One Financial by 661.1% in the fourth quarter. Westfuller Advisors LLC now owns 137 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 119 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.
Capital One Financial Stock Performance
COF stock opened at $187.03 on Tuesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market cap of $116.39 billion, a P/E ratio of 65.62, a P/E/G ratio of 0.68 and a beta of 1.05. The firm has a 50 day simple moving average of $188.28 and a 200 day simple moving average of $211.35. Capital One Financial Corporation has a 52 week low of $174.98 and a 52 week high of $259.64.
Capital One Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th will be paid a $0.80 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.7%. Capital One Financial’s payout ratio is 112.28%.
Analyst Ratings Changes
Several research analysts have recently weighed in on COF shares. UBS Group dropped their target price on shares of Capital One Financial from $283.00 to $270.00 in a research report on Wednesday, May 6th. Wells Fargo & Company decreased their price target on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Barclays raised their price target on shares of Capital One Financial from $226.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Morgan Stanley decreased their price target on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a report on Wednesday, April 22nd. Eighteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and an average price target of $257.52.
Read Our Latest Stock Report on COF
Insider Transactions at Capital One Financial
In other Capital One Financial news, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the sale, the insider directly owned 61,579 shares in the company, valued at $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jason P. Hanson sold 3,729 shares of Capital One Financial stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total transaction of $764,445.00. Following the completion of the sale, the insider owned 40,230 shares of the company’s stock, valued at $8,247,150. This trade represents a 8.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 49,904 shares of company stock valued at $9,528,159. Insiders own 0.78% of the company’s stock.
About Capital One Financial
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.
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