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

Evermay Wealth Management LLC reduced its holdings in Capital One Financial Co. (NYSE:COF) by 9.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,040 shares of the financial services provider’s stock after selling 104 shares during the period. Evermay Wealth Management LLC’s holdings in Capital One Financial were worth $155,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in COF. Whittier Trust Co. raised its position in Capital One Financial by 63.8% during the fourth quarter. Whittier Trust Co. now owns 2,160 shares of the financial services provider’s stock worth $283,000 after acquiring an additional 841 shares during the period. HB Wealth Management LLC lifted its stake in Capital One Financial by 0.8% in the 4th quarter. HB Wealth Management LLC now owns 13,485 shares of the financial services provider’s stock valued at $1,768,000 after buying an additional 106 shares in the last quarter. CVA Family Office LLC acquired a new stake in Capital One Financial in the 4th quarter worth about $229,000. Raymond James Financial Services Advisors Inc. increased its stake in Capital One Financial by 1.1% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 100,172 shares of the financial services provider’s stock worth $13,135,000 after buying an additional 1,133 shares in the last quarter. Finally, HBW Advisory Services LLC acquired a new position in shares of Capital One Financial during the fourth quarter valued at approximately $203,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Capital One Financial

In other news, insider Robert M. Alexander sold 30,742 shares of the stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the sale, the insider now owns 73,734 shares of the company’s stock, valued at $11,060,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the business’s stock in a transaction 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 in the company, valued at $11,060,100. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 owns 47,081 shares in the company, valued at $6,726,933.28. The disclosure for this sale can be found here. Insiders sold a total of 56,311 shares of company stock valued at $8,274,640 in the last three months. 1.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

COF has been the subject of several research reports. Wells Fargo & Company boosted their price target on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 10th. Wolfe Research raised 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. Keefe, Bruyette & Woods restated an “outperform” rating and set a $159.00 price target on shares of Capital One Financial in a research report on Wednesday, March 27th. Royal Bank of Canada reissued a “sector perform” rating and issued a $150.00 target price on shares of Capital One Financial in a research note on Thursday. Finally, JPMorgan Chase & Co. upped 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, July 8th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial presently has a consensus rating of “Hold” and an average price target of $145.89.

Capital One Financial Trading Up 1.2 %

Shares of Capital One Financial stock traded up $1.70 on Thursday, reaching $148.11. The company had a trading volume of 2,666,044 shares, compared to its average volume of 2,556,811. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. The firm has a market cap of $56.31 billion, a PE ratio of 11.60, a PEG ratio of 1.14 and a beta of 1.45. The firm’s 50 day moving average price is $139.19 and its two-hundred day moving average price is $138.66. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $153.35.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.37%. The firm had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.57 billion. During the same period in the previous year, the firm earned $3.52 EPS. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. Sell-side analysts predict that Capital One Financial Co. will post 13.4 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced 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. This represents a $2.40 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend was Friday, May 10th. Capital One Financial’s dividend payout ratio (DPR) is 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.