Geneos Wealth Management Inc. Has $532,000 Stock Holdings in Capital One Financial Co. (NYSE:COF)

Geneos Wealth Management Inc. lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 91.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,576 shares of the financial services provider’s stock after selling 40,727 shares during the period. Geneos Wealth Management Inc.’s holdings in Capital One Financial were worth $532,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Capital One Financial by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 30,666,688 shares of the financial services provider’s stock worth $4,021,016,000 after buying an additional 131,400 shares during the last quarter. Capital World Investors increased its stake in shares of Capital One Financial by 2.1% during the 4th quarter. Capital World Investors now owns 14,991,564 shares of the financial services provider’s stock worth $1,965,761,000 after purchasing an additional 311,696 shares during the last quarter. Capital Research Global Investors raised its holdings in shares of Capital One Financial by 16.7% during the 4th quarter. Capital Research Global Investors now owns 12,227,848 shares of the financial services provider’s stock valued at $1,603,316,000 after purchasing an additional 1,745,545 shares in the last quarter. Pzena Investment Management LLC lifted its stake in shares of Capital One Financial by 1.6% in the 4th quarter. Pzena Investment Management LLC now owns 7,751,043 shares of the financial services provider’s stock valued at $1,016,317,000 after purchasing an additional 124,055 shares during the last quarter. Finally, Norges Bank bought a new stake in Capital One Financial in the fourth quarter worth $409,831,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling

In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of the company’s stock in a transaction on 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 sale, the insider now directly owns 10,246 shares in the company, valued at $1,475,833.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider now directly owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction 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 disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on COF shares. Wolfe Research upgraded 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. Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and boosted their target price for the stock from $145.00 to $165.00 in a report on Thursday, June 6th. Wells Fargo & Company increased 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. JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a research note on Monday. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $159.00 target price on shares of Capital One Financial in a research note on Wednesday, March 27th. Two research 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.com, the stock presently has an average rating of “Hold” and an average target price of $141.35.

Capital One Financial Stock Performance

COF stock traded up $2.38 during midday trading on Thursday, hitting $138.99. The stock had a trading volume of 1,791,444 shares, compared to its average volume of 2,507,195. The firm has a market capitalization of $52.84 billion, a price-to-earnings ratio of 10.81, a P/E/G ratio of 1.07 and a beta of 1.45. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86. The stock has a 50-day simple moving average of $138.52 and a 200 day simple moving average of $137.59. Capital One Financial Co. has a 52 week low of $88.23 and a 52 week high of $149.94.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The business had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.35 billion. Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. Capital One Financial’s revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the business posted $2.31 earnings per share. As a group, equities research analysts anticipate that Capital One Financial Co. will post 13.35 earnings per share for the current year.

Capital One Financial Announces Dividend

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

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.