Capital One Financial Co. (NYSE:COF) Shares Sold by Clarius Group LLC

Clarius Group LLC lowered its holdings in Capital One Financial Co. (NYSE:COF) by 7.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,325 shares of the financial services provider’s stock after selling 187 shares during the quarter. Clarius Group LLC’s holdings in Capital One Financial were worth $415,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Decker Retirement Planning Inc. purchased a new position in Capital One Financial in the fourth quarter valued at approximately $32,000. Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial in the 3rd quarter valued at $36,000. Creative Financial Designs Inc. ADV raised its stake in Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 166 shares in the last quarter. Eastern Bank purchased a new stake in Capital One Financial in the third quarter valued at $44,000. Finally, Prospera Private Wealth LLC acquired a new position in Capital One Financial in the third quarter valued at $47,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Up 1.4 %

NYSE:COF opened at $191.16 on Monday. Capital One Financial Co. has a 1 year low of $123.23 and a 1 year high of $198.30. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a fifty day moving average price of $183.82 and a two-hundred day moving average price of $160.45. The stock has a market capitalization of $72.88 billion, a price-to-earnings ratio of 18.05, a PEG ratio of 1.12 and a beta of 1.46.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same quarter last year, the firm posted $4.45 EPS. The business’s revenue was up 6.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Capital One Financial Co. will post 13.41 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio is currently 22.66%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on COF shares. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $203.00 to $200.00 in a research note on Monday, December 9th. Robert W. Baird raised their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Keefe, Bruyette & Woods upped their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Finally, Truist Financial began coverage on shares of Capital One Financial in a research report on Tuesday, January 7th. They set a “buy” rating and a $229.00 price objective on the stock. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, Capital One Financial has a consensus rating of “Hold” and an average price target of $188.06.

Insider Activity at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the 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 directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $133,190.33. Following the transaction, the insider now owns 12,929 shares of the company’s stock, valued at $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,256 shares of company stock valued at $2,462,487 in the last ninety days. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Company 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.