744 Shares in Capital One Financial Co. (NYSE:COF) Purchased by New Covenant Trust Company N.A.

New Covenant Trust Company N.A. acquired a new position in shares of Capital One Financial Co. (NYSE:COF) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 744 shares of the financial services provider’s stock, valued at approximately $111,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Plato Investment Management Ltd lifted its holdings in shares of Capital One Financial by 3,899.3% in the first quarter. Plato Investment Management Ltd now owns 5,519 shares of the financial services provider’s stock worth $822,000 after acquiring an additional 5,381 shares during the last quarter. Western Pacific Wealth Management LP lifted its holdings in shares of Capital One Financial by 7.7% in the first quarter. Western Pacific Wealth Management LP now owns 2,655 shares of the financial services provider’s stock worth $395,000 after acquiring an additional 190 shares during the last quarter. iA Global Asset Management Inc. lifted its holdings in shares of Capital One Financial by 15.0% in the first quarter. iA Global Asset Management Inc. now owns 13,373 shares of the financial services provider’s stock worth $1,991,000 after acquiring an additional 1,749 shares during the last quarter. Comerica Bank lifted its holdings in shares of Capital One Financial by 17.4% in the first quarter. Comerica Bank now owns 103,787 shares of the financial services provider’s stock worth $15,453,000 after acquiring an additional 15,393 shares during the last quarter. Finally, EJF Capital LLC lifted its holdings in shares of Capital One Financial by 9.8% in the first quarter. EJF Capital LLC now owns 17,397 shares of the financial services provider’s stock worth $2,590,000 after acquiring an additional 1,558 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares in the company, valued at approximately $11,060,100. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the completion of the sale, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Celia Karam sold 16,913 shares of the firm’s 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 sale, the insider now directly owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

COF has been the subject of several recent research reports. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and upped their price objective for the company from $145.00 to $165.00 in a research note on Thursday, June 6th. JPMorgan Chase & Co. upped their price objective on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, July 8th. Evercore ISI lowered their price objective on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $150.00 price objective on shares of Capital One Financial in a research note on Thursday, July 25th. Finally, BTIG Research began coverage on shares of Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating for the company. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $145.89.

Capital One Financial Stock Down 5.0 %

Shares of COF traded down $7.50 during trading hours on Thursday, reaching $143.90. The stock had a trading volume of 3,245,944 shares, compared to its average volume of 2,546,265. Capital One Financial Co. has a 12 month low of $88.23 and a 12 month high of $153.35. The firm has a 50-day simple moving average of $140.12 and a 200 day simple moving average of $139.32. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $54.71 billion, a price-to-earnings ratio of 11.27, a P/E/G ratio of 1.20 and a beta of 1.45.

Capital One Financial (NYSE:COF) last issued 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 return on equity of 9.31% and a net margin of 9.01%. The firm had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. During the same quarter in the prior year, the business earned $3.52 earnings per share. Capital One Financial’s revenue for the quarter was up 5.5% on a year-over-year basis. Equities research analysts predict that Capital One Financial Co. will post 13.17 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Shareholders of record on Monday, August 12th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.67%. The ex-dividend date is Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is presently 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.