Gallacher Capital Management LLC lessened its stake in shares of Capital One Financial Co. (NYSE:COF – Free Report) by 32.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,377 shares of the financial services provider’s stock after selling 656 shares during the quarter. Gallacher Capital Management LLC’s holdings in Capital One Financial were worth $205,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Silicon Valley Capital Partners bought a new stake in Capital One Financial during the 1st quarter worth approximately $25,000. Householder Group Estate & Retirement Specialist LLC raised its position in shares of 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 worth $27,000 after buying an additional 199 shares in the last quarter. Bartlett & Co. LLC boosted its stake in Capital One Financial by 726.7% during the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after buying an additional 218 shares during the period. Bartlett & CO. Wealth Management LLC grew its position in Capital One Financial by 726.7% during the fourth 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 in the last quarter. Finally, Rise Advisors LLC bought a new position in Capital One Financial in the 1st quarter worth about $33,000. 89.84% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, insider Timothy P. Golden sold 8,656 shares of the 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 of the company’s stock, valued at $1,475,833.84. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, insider Celia Karam sold 16,913 shares of the stock in a transaction 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 sale, the insider now directly owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 completion of the transaction, 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 company insiders.
Wall Street Analyst Weigh In
Read Our Latest Analysis on COF
Capital One Financial Trading Down 0.2 %
Shares of NYSE COF traded down $0.32 during trading hours on Friday, hitting $138.67. The company’s stock had a trading volume of 413,691 shares, compared to its average volume of 2,491,547. The business has a 50-day simple moving average of $138.46 and a 200-day simple moving average of $137.60. The stock has a market cap of $52.72 billion, a price-to-earnings ratio of 10.88, a P/E/G ratio of 1.07 and a beta of 1.45. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. Capital One Financial Co. has a 12 month low of $88.23 and a 12 month high of $149.94.
Capital One Financial (NYSE:COF – Get Free Report) last posted its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $9.35 billion. During the same period last year, the firm posted $2.31 earnings per share. Capital One Financial’s quarterly revenue was up 5.6% on a year-over-year basis. On average, analysts anticipate that Capital One Financial Co. will post 13.42 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, 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 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.
Featured Articles
- Five stocks we like better than Capital One Financial
- What Are Dividends? Buy the Best Dividend Stocks
- Top 3 Beverage Stocks: Summer Earnings Reveal Key Trends
- What Makes a Stock a Good Dividend Stock?
- This Financial Stock’s Earnings Signal a Buying Opportunity
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Social Platform Stock Hits New Highs: Is More Growth Ahead?
Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.