Capital One Financial Co. (NYSE:COF) Shares Sold by Lmcg Investments LLC

Lmcg Investments LLC trimmed its holdings in shares of Capital One Financial Co. (NYSE:COF) by 1.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 95,313 shares of the financial services provider’s stock after selling 1,146 shares during the period. Capital One Financial accounts for about 1.0% of Lmcg Investments LLC’s holdings, making the stock its 24th biggest holding. Lmcg Investments LLC’s holdings in Capital One Financial were worth $16,996,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. King Luther Capital Management Corp purchased a new stake in shares of Capital One Financial during the 2nd quarter valued at about $205,000. AE Wealth Management LLC boosted its stake in shares of Capital One Financial by 11.0% during the 2nd quarter. AE Wealth Management LLC now owns 19,150 shares of the financial services provider’s stock valued at $2,651,000 after buying an additional 1,899 shares during the last quarter. Pacer Advisors Inc. increased its position in shares of Capital One Financial by 4.6% in the 2nd quarter. Pacer Advisors Inc. now owns 27,325 shares of the financial services provider’s stock worth $3,783,000 after purchasing an additional 1,212 shares during the last quarter. ProShare Advisors LLC increased its holdings in Capital One Financial by 2.3% in the second quarter. ProShare Advisors LLC now owns 84,428 shares of the financial services provider’s stock valued at $11,689,000 after buying an additional 1,921 shares during the last quarter. Finally, Frank Rimerman Advisors LLC raised its position in shares of Capital One Financial by 16,334.8% during the 2nd quarter. Frank Rimerman Advisors LLC now owns 3,780 shares of the financial services provider’s stock valued at $523,000 after acquiring an additional 3,757 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of COF opened at $191.16 on Tuesday. The stock has a market capitalization of $72.88 billion, a P/E ratio of 18.05, a P/E/G ratio of 1.23 and a beta of 1.46. Capital One Financial Co. has a 12-month low of $123.23 and a 12-month high of $198.30. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The firm’s 50 day moving average is $183.82 and its 200-day moving average is $160.61.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.45 earnings per share. Equities research analysts anticipate that Capital One Financial Co. will post 13.53 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.26%. Capital One Financial’s payout ratio is presently 22.66%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on COF shares. Keefe, Bruyette & Woods increased their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Evercore ISI increased their price target on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Wells Fargo & Company raised their target price on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Finally, Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Ten investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $188.06.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. The trade was a 28.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Kara West sold 721 shares of the company’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the transaction, the insider now directly owns 12,929 shares in the company, valued at $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,256 shares of company stock valued at $2,462,487. 1.30% of the stock is currently owned by corporate insiders.

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.