Factorial Partners LLC Sells 13,700 Shares of Capital One Financial Co. (NYSE:COF)

Factorial Partners LLC cut its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 63.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,000 shares of the financial services provider's stock after selling 13,700 shares during the period. Factorial Partners LLC's holdings in Capital One Financial were worth $1,108,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in COF. Silicon Valley Capital Partners bought a new position in Capital One Financial during the first quarter valued at approximately $25,000. LRI Investments LLC bought a new position in shares of Capital One Financial during the 1st quarter valued at $25,000. Hobbs Group Advisors LLC purchased a new position in Capital One Financial in the 2nd quarter worth $29,000. Bartlett & CO. Wealth Management LLC lifted its stake in 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 worth $33,000 after purchasing an additional 218 shares during the last quarter. Finally, Rise Advisors LLC purchased a new stake in Capital One Financial during the first quarter valued at about $33,000. Institutional investors own 89.84% of the company's stock.

Wall Street Analyst Weigh In

COF has been the subject of a number of recent research reports. BTIG Research initiated coverage on Capital One Financial in a research note on Friday, June 7th. They issued a "neutral" rating for the company. JPMorgan Chase & Co. boosted their price objective 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. Bank of America raised their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a "buy" rating in a report on Wednesday, July 24th. Jefferies Financial Group upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating and upped their price target for the company from $145.00 to $165.00 in a report on Thursday, June 6th. Finally, Evercore ISI cut their price target on shares of Capital One Financial from $155.00 to $154.00 and set an "in-line" rating on the stock in a report on Tuesday, June 25th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $145.89.

Capital One Financial Stock Down 1.1 %

NYSE:COF traded down $1.53 during trading hours on Wednesday, reaching $136.46. 2,864,116 shares of the company traded hands, compared to its average volume of 2,493,282. 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 business's 50-day moving average price is $141.51 and its two-hundred day moving average price is $140.50. Capital One Financial Co. has a 1 year low of $88.23 and a 1 year high of $153.35. The stock has a market capitalization of $52.11 billion, a P/E ratio of 10.69, a P/E/G ratio of 1.10 and a beta of 1.44.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results 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). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The company had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.57 billion. During the same quarter in the previous year, the business earned $3.52 earnings per share. Capital One Financial's revenue was up 5.5% compared to the same quarter last year. Analysts predict that Capital One Financial Co. will post 13.1 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date was Monday, August 12th. Capital One Financial's payout ratio is 18.79%.

Insider Activity at Capital One Financial

In related news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the sale, the chief executive officer now directly owns 40,934 shares in the company, valued at approximately $5,438,491.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer now owns 40,934 shares in the company, valued at $5,438,491.24. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of the firm'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 transaction 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 owned by 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.