Hudson Edge Investment Partners Inc. Sells 4,021 Shares of Capital One Financial Co. (NYSE:COF)

Hudson Edge Investment Partners Inc. lowered its holdings in shares of Capital One Financial Co. (NYSE:COF) by 8.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 41,584 shares of the financial services provider’s stock after selling 4,021 shares during the period. Hudson Edge Investment Partners Inc.’s holdings in Capital One Financial were worth $5,757,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of COF. Silicon Valley Capital Partners bought a new position in Capital One Financial in the first quarter valued at about $25,000. LRI Investments LLC bought a new stake in Capital One Financial in the 1st quarter valued at about $25,000. Hobbs Group Advisors LLC acquired a new position in shares of Capital One Financial during the second quarter worth approximately $29,000. Bartlett & CO. Wealth Management LLC lifted its stake in shares of Capital One Financial by 726.7% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $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 valued at about $33,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on COF. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $145.00 to $165.00 in a report 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. Bank of America increased their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $150.00 price target on shares of Capital One Financial in a research report on Thursday, July 25th. Finally, BTIG Research started coverage on shares of Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $145.89.

Insider Buying and Selling

In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the sale, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the sale, the chief executive officer now owns 40,934 shares of the company’s stock, valued at $5,438,491.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the sale, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Capital One Financial Trading Down 2.2 %

Shares of COF stock traded down $3.09 on Friday, hitting $139.00. 2,381,660 shares of the company’s stock traded hands, compared to its average volume of 2,467,348. The stock has a market capitalization of $52.85 billion, a price-to-earnings ratio of 10.88, a P/E/G ratio of 1.16 and a beta of 1.44. The company’s fifty day simple moving average is $141.55 and its 200 day simple moving average is $140.42. Capital One Financial Co. has a one year low of $88.23 and a one year high of $153.35. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing the consensus estimate of $3.28 by ($0.14). The company had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.52 EPS. Equities analysts forecast that Capital One Financial Co. will post 13.1 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.73%. The ex-dividend date was Monday, August 12th. Capital One Financial’s dividend payout ratio (DPR) is currently 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.