Capital One Financial Co. (NYSE:COF) Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lessened its position in Capital One Financial Co. (NYSE:COF) by 23.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,869 shares of the financial services provider’s stock after selling 1,484 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Capital One Financial were worth $725,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in COF. Cantor Fitzgerald Investment Advisors L.P. acquired a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $2,299,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of Capital One Financial by 21.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock valued at $4,093,000 after acquiring an additional 4,840 shares during the last quarter. Twin Tree Management LP grew its holdings in shares of Capital One Financial by 5.6% in the first quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock valued at $10,200,000 after purchasing an additional 3,609 shares during the period. Montag A & Associates Inc. increased its position in Capital One Financial by 42,536.0% during the fourth quarter. Montag A & Associates Inc. now owns 21,318 shares of the financial services provider’s stock worth $2,795,000 after purchasing an additional 21,268 shares during the last quarter. Finally, First Trust Direct Indexing L.P. raised its stake in Capital One Financial by 14.3% during the fourth quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock worth $1,667,000 after purchasing an additional 1,588 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

COF has been the subject of a number of research analyst reports. Bank of America increased their price target on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday. Evercore ISI decreased their target price on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research note on Tuesday, June 25th. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and raised their price target for the company from $145.00 to $165.00 in a research report on Thursday, June 6th. BTIG Research assumed coverage on Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating for the company. Finally, Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target for the company in a report on Thursday, April 4th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $145.89.

Insider Activity

In other news, insider Timothy P. Golden sold 8,656 shares of the company’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the sale, the insider now directly owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the completion of the transaction, the insider now directly owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the transaction, the insider now owns 73,734 shares of the company’s stock, valued at $11,060,100. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 56,311 shares of company stock worth $8,274,640. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Stock Up 0.9 %

Shares of NYSE COF traded up $1.27 during mid-day trading on Friday, reaching $149.36. The company had a trading volume of 1,794,848 shares, compared to its average volume of 2,551,484. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a twelve month low of $88.23 and a twelve month high of $153.35. The stock’s 50 day moving average is $139.19 and its 200-day moving average is $138.66. The stock has a market capitalization of $56.79 billion, a PE ratio of 11.63, a price-to-earnings-growth ratio of 1.15 and a beta of 1.45.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing the consensus estimate of $3.28 by ($0.14). The company had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. Capital One Financial’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business earned $3.52 earnings per share. As a group, equities analysts anticipate that Capital One Financial Co. will post 13.4 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were issued a dividend of $0.60 per share. The ex-dividend date was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a yield of 1.61%. Capital One Financial’s dividend payout ratio is 18.79%.

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.