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

Sendero Wealth Management LLC lowered its position in Capital One Financial Co. (NYSE:COF) by 9.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 53,325 shares of the financial services provider’s stock after selling 5,790 shares during the quarter. Capital One Financial makes up about 1.4% of Sendero Wealth Management LLC’s holdings, making the stock its 14th biggest holding. Sendero Wealth Management LLC’s holdings in Capital One Financial were worth $7,940,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Householder Group Estate & Retirement Specialist LLC boosted its holdings in Capital One Financial by 1,658.3% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 199 shares in the last quarter. Bartlett & Co. LLC boosted its position in shares of Capital One Financial by 726.7% in the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares during the period. Bartlett & CO. Wealth Management LLC grew its stake in Capital One Financial by 726.7% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after buying an additional 218 shares during the last quarter. Rise Advisors LLC acquired a new position in Capital One Financial during the first quarter worth approximately $33,000. Finally, Sound Income Strategies LLC lifted its stake in Capital One Financial by 109.4% in the fourth quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after buying an additional 139 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling

In related 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 value of $1,246,810.24. Following the sale, the insider now directly owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of the firm’s 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 completion of the sale, the insider now owns 10,246 shares in the company, valued at approximately $1,475,833.84. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Celia Karam sold 16,913 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the transaction, the insider now directly owns 47,081 shares in the company, valued at $6,726,933.28. 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

A number of equities research analysts have recently commented on the stock. UBS Group upped their target price on shares of Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, February 29th. Evercore ISI cut their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research report on Tuesday. BTIG Research started coverage on shares of Capital One Financial in a research note on Friday, June 7th. They issued a “neutral” rating for the company. Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target on the stock in a research note on Thursday, April 4th. Finally, Keefe, Bruyette & Woods restated an “outperform” rating and issued a $159.00 price objective on shares of Capital One Financial in a research report on Wednesday, March 27th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $141.20.

Capital One Financial Price Performance

Shares of Capital One Financial stock traded up $4.40 during trading on Friday, hitting $138.43. 4,959,929 shares of the company were exchanged, compared to its average volume of 2,524,907. Capital One Financial Co. has a fifty-two week low of $88.23 and a fifty-two week high of $149.94. 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 firm has a 50 day moving average price of $139.80 and a 200 day moving average price of $136.99. The stock has a market capitalization of $52.63 billion, a price-to-earnings ratio of 10.84, a P/E/G ratio of 1.08 and a beta of 1.45.

Capital One Financial (NYSE:COF) last released its quarterly 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). The company had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.35 billion. Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The business’s revenue was up 5.6% compared to the same quarter last year. During the same period last year, the firm earned $2.31 earnings per share. On average, equities analysts expect that Capital One Financial Co. will post 13.31 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm 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 yield of 1.73%. Capital One Financial’s payout ratio is currently 18.79%.

Capital One Financial 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.