1834 Investment Advisors Co. Cuts Position in Capital One Financial Co. (NYSE:COF)

1834 Investment Advisors Co. lowered its holdings in Capital One Financial Co. (NYSE:COF) by 15.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,899 shares of the financial services provider’s stock after selling 1,070 shares during the period. 1834 Investment Advisors Co.’s holdings in Capital One Financial were worth $1,052,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. FMR LLC lifted its stake in Capital One Financial by 21.4% in the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after purchasing an additional 1,169,395 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Capital One Financial in the fourth quarter valued at $130,683,000. Wellington Management Group LLP lifted its position in shares of Capital One Financial by 268.7% during the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after buying an additional 710,881 shares during the last quarter. Southpoint Capital Advisors LP bought a new position in shares of Capital One Financial during the 3rd quarter worth $104,811,000. Finally, Assenagon Asset Management S.A. increased its holdings in Capital One Financial by 1,518.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 412,355 shares of the financial services provider’s stock worth $61,742,000 after acquiring an additional 386,870 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 0.3 %

Shares of NYSE COF opened at $203.32 on Friday. The stock has a market capitalization of $77.51 billion, a P/E ratio of 17.54, a PEG ratio of 1.29 and a beta of 1.46. Capital One Financial Co. has a one year low of $128.23 and a one year high of $207.24. The firm’s 50 day simple moving average is $185.08 and its two-hundred day simple moving average is $162.42. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 1.00.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10,220,675.12 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.81 EPS. As a group, analysts expect that Capital One Financial Co. will post 15.22 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s payout ratio is 20.71%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on COF shares. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a report on Tuesday, January 14th. Evercore ISI upped their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Bank of America cut shares of Capital One Financial from a “buy” rating to a “neutral” rating and lowered their target price for the company from $203.00 to $200.00 in a report on Monday, December 9th. The Goldman Sachs Group raised their price target on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Finally, Wells Fargo & Company boosted their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Ten investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $190.47.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Kara West sold 721 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the sale, the insider now directly owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the sale, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,256 shares of company stock worth $2,462,487 in the last three months. 1.30% of the stock is owned by insiders.

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.