National Pension Service lowered its position in Capital One Financial Corporation (NYSE:COF) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,491,607 shares of the financial services provider’s stock after selling 61,129 shares during the quarter. National Pension Service’s holdings in Capital One Financial were worth $361,506,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the company. Tompkins Financial Corp lifted its stake in Capital One Financial by 4.3% in the fourth quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock valued at $237,000 after acquiring an additional 40 shares during the last quarter. Focus Financial Network Inc. lifted its stake in shares of Capital One Financial by 2.8% during the 4th quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock worth $380,000 after buying an additional 43 shares during the last quarter. Stephens Consulting LLC lifted its stake in shares of Capital One Financial by 10.3% during the 4th quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock worth $122,000 after buying an additional 47 shares during the last quarter. Dogwood Wealth Management LLC lifted its stake in shares of Capital One Financial by 26.0% during the 4th quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock worth $55,000 after buying an additional 47 shares during the last quarter. Finally, Nicolet Advisory Services LLC lifted its stake in shares of Capital One Financial by 0.7% during the 3rd quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider’s stock worth $1,506,000 after buying an additional 48 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.
Insider Buying and Selling
In related news, insider Lia Dean sold 1,692 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total transaction of $314,052.12. Following the transaction, the insider directly owned 65,454 shares of the company’s stock, valued at approximately $12,148,916.94. This trade represents a 2.52% 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, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the transaction, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. This represents a 3.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 8,040 shares of company stock valued at $1,498,615. 0.78% of the stock is owned by company insiders.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on Capital One Financial
Capital One Financial Price Performance
NYSE:COF opened at $187.17 on Friday. Capital One Financial Corporation has a 52 week low of $174.98 and a 52 week high of $259.64. The firm has a market cap of $116.47 billion, a price-to-earnings ratio of 65.67, a P/E/G ratio of 0.69 and a beta of 1.05. The firm’s 50-day simple moving average is $188.95 and its 200 day simple moving average is $209.51. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03.
Capital One Financial (NYSE:COF – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The business had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. During the same period in the prior year, the business posted $4.06 earnings per share. Capital One Financial’s revenue was up 52.3% compared to the same quarter last year. As a group, sell-side analysts predict that Capital One Financial Corporation will post 19.14 earnings per share for the current year.
Capital One Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 19th will be given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 19th. Capital One Financial’s dividend payout ratio (DPR) is currently 112.28%.
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.
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