Capital One Financial Co. (NYSE:COF) Shares Sold by Evolution Advisers Inc.

Evolution Advisers Inc. lowered its position in shares of Capital One Financial Co. (NYSE:COF) by 41.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 431 shares of the financial services provider’s stock after selling 303 shares during the quarter. Evolution Advisers Inc.’s holdings in Capital One Financial were worth $65,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Comerica Bank boosted its position in Capital One Financial by 158.7% in the third quarter. Comerica Bank now owns 87,852 shares of the financial services provider’s stock valued at $8,526,000 after buying an additional 53,894 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. bought a new position in Capital One Financial during the 4th quarter worth about $2,299,000. Montag A & Associates Inc. raised its holdings in shares of Capital One Financial by 42,536.0% in the fourth quarter. Montag A & Associates Inc. now owns 21,318 shares of the financial services provider’s stock valued at $2,795,000 after purchasing an additional 21,268 shares during the last quarter. First Trust Direct Indexing L.P. grew its stake in Capital One Financial by 14.3% in the fourth quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock valued at $1,667,000 after purchasing an additional 1,588 shares in the last quarter. Finally, Park Avenue Securities LLC increased its position in Capital One Financial by 293.7% during the first quarter. Park Avenue Securities LLC now owns 15,659 shares of the financial services provider’s stock worth $2,331,000 after buying an additional 11,682 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

NYSE COF traded up $2.31 during midday trading on Thursday, hitting $138.92. The company had a trading volume of 1,803,750 shares, compared to its average volume of 2,507,288. The firm has a fifty day simple moving average of $138.52 and a two-hundred day simple moving average of $137.59. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.86. The stock has a market cap of $52.82 billion, a price-to-earnings ratio of 10.81, a P/E/G ratio of 1.07 and a beta of 1.45. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $149.94.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The business had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.35 billion. During the same quarter last year, the business posted $2.31 earnings per share. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. Equities analysts forecast that Capital One Financial Co. will post 13.35 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, May 10th. This represents a $2.40 annualized dividend and a dividend yield of 1.73%. Capital One Financial’s dividend payout ratio is presently 18.79%.

Insider Activity at Capital One Financial

In other news, insider Timothy P. Golden sold 8,656 shares of the stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the transaction, the insider now owns 10,246 shares in the company, valued at $1,475,833.84. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Capital One Financial news, insider Celia Karam sold 16,913 shares of the company’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the sale, the insider now owns 47,081 shares in the company, valued at approximately $6,726,933.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the transaction, the insider now directly owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Wolfe Research raised shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price on the stock in a report on Thursday, April 4th. JPMorgan Chase & Co. increased their price target on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research report on Monday. Evercore ISI lowered their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research report on Tuesday, June 25th. BTIG Research assumed coverage on shares of Capital One Financial in a research note on Friday, June 7th. They issued a “neutral” rating for the company. Finally, Wells Fargo & Company raised their price target on Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a report on Wednesday, April 10th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $141.35.

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.