Savant Capital LLC lowered its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 56.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,958 shares of the financial services provider’s stock after selling 27,253 shares during the quarter. Savant Capital LLC’s holdings in Capital One Financial were worth $5,079,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. VSM Wealth Advisory LLC bought a new position in shares of Capital One Financial during the fourth quarter worth about $27,000. Strive Asset Management LLC bought a new position in shares of Capital One Financial during the third quarter worth about $28,000. Olistico Wealth LLC bought a new position in shares of Capital One Financial during the fourth quarter worth about $30,000. Rakuten Securities Inc. grew its holdings in shares of Capital One Financial by 550.0% during the fourth quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock worth $32,000 after buying an additional 110 shares in the last quarter. Finally, WFA of San Diego LLC bought a new position in shares of Capital One Financial during the second quarter worth about $32,000. Institutional investors and hedge funds own 89.84% of the company’s stock.
Insider Buying and Selling at Capital One Financial
In other Capital One Financial news, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of the sale, the general counsel owned 97,194 shares of the company’s stock, valued at $17,876,892.42. This trade represents a 3.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of the firm’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total value of $314,052.12. Following the sale, the insider directly owned 65,454 shares of the company’s stock, valued at $12,148,916.94. This represents a 2.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 8,040 shares of company stock valued at $1,498,615 in the last quarter. 0.78% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on COF
Capital One Financial Price Performance
NYSE:COF opened at $188.06 on Friday. Capital One Financial Corporation has a 1-year low of $174.98 and a 1-year high of $259.64. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The firm has a fifty day simple moving average of $189.11 and a 200 day simple moving average of $209.36. The stock has a market capitalization of $117.03 billion, a PE ratio of 65.98, a P/E/G ratio of 0.69 and a beta of 1.05.
Capital One Financial (NYSE:COF – Get Free Report) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share 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 analyst estimates of $15.68 billion. During the same period in the previous year, the firm posted $4.06 earnings per share. The firm’s revenue was up 52.3% compared to the same quarter last year. On average, research analysts expect that Capital One Financial Corporation will post 19.14 EPS for the current fiscal year.
Capital One Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $3.20 annualized dividend and a yield of 1.7%. Capital One Financial’s dividend payout ratio (DPR) is currently 112.28%.
Capital One Financial Company 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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