Hutchinson Capital Management CA Decreases Stake in Capital One Financial Co. (NYSE:COF)

Hutchinson Capital Management CA decreased its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 40.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,765 shares of the financial services provider's stock after selling 52,423 shares during the quarter. Capital One Financial comprises 2.1% of Hutchinson Capital Management CA's investment portfolio, making the stock its 21st largest holding. Hutchinson Capital Management CA's holdings in Capital One Financial were worth $10,490,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Silicon Valley Capital Partners acquired a new position in shares of Capital One Financial in the first quarter valued at approximately $25,000. LRI Investments LLC acquired a new position in Capital One Financial in the 1st quarter valued at $25,000. Hobbs Group Advisors LLC purchased a new position in Capital One Financial during the 2nd quarter worth $29,000. Bartlett & CO. Wealth Management LLC lifted its stake in shares of Capital One Financial by 726.7% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider's stock worth $33,000 after acquiring an additional 218 shares during the period. Finally, Rise Advisors LLC purchased a new stake in shares of Capital One Financial in the first quarter valued at about $33,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Activity 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 dated 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 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 filing with the SEC, which can be accessed through this link. In related news, insider Robert M. Alexander sold 30,742 shares of the firm's stock in a transaction that occurred 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 sale, the insider now directly owns 73,734 shares of the company's stock, valued at $11,060,100. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of the company's 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 transaction, the chief executive officer now directly owns 40,934 shares of the company's stock, valued at approximately $5,438,491.24. The disclosure for this sale can be found here. Insiders own 1.30% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Jefferies Financial Group raised Capital One Financial from a "hold" rating to a "buy" rating and lifted their price objective for the company 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 stock a "neutral" rating in a report on Monday, July 8th. Royal Bank of Canada reissued a "sector perform" rating and issued a $150.00 target price on shares of Capital One Financial in a report on Thursday, July 25th. Bank of America boosted 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. Finally, Evercore ISI reduced their price objective on shares of 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. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Capital One Financial has an average rating of "Hold" and a consensus target price of $145.89.

Capital One Financial Trading Down 3.2 %

NYSE:COF traded down $4.61 on Tuesday, reaching $137.99. The stock had a trading volume of 7,067,956 shares, compared to its average volume of 2,491,149. Capital One Financial Co. has a 12-month low of $88.23 and a 12-month high of $153.35. The company has a market cap of $52.69 billion, a price-to-earnings ratio of 10.32, a P/E/G ratio of 1.10 and a beta of 1.44. The firm's fifty day moving average is $141.60 and its two-hundred day moving average is $140.52. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing analysts' consensus estimates of $3.28 by ($0.14). The firm had revenue of $9.51 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm earned $3.52 EPS. Equities analysts expect that Capital One Financial Co. will post 13.1 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date was Monday, August 12th. Capital One Financial's dividend payout ratio is currently 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.