Capital One Financial Co. (NYSE:COF) Stake Trimmed by Federated Hermes Inc.

Federated Hermes Inc. decreased its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 3.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 838,344 shares of the financial services provider's stock after selling 34,313 shares during the period. Federated Hermes Inc. owned approximately 0.22% of Capital One Financial worth $116,069,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. LRI Investments LLC acquired a new stake in Capital One Financial in the first quarter valued at approximately $25,000. Silicon Valley Capital Partners acquired a new stake in Capital One Financial in the first quarter valued at approximately $25,000. Y.D. More Investments Ltd acquired a new stake in Capital One Financial in the second quarter valued at approximately $28,000. Hobbs Group Advisors LLC acquired a new stake in Capital One Financial in the second quarter valued at approximately $29,000. Finally, Rise Advisors LLC acquired a new stake in shares of Capital One Financial during the first quarter worth approximately $33,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on COF. Evercore ISI decreased their price target on shares of Capital One Financial from $155.00 to $154.00 and set an "in-line" rating for the company in a research report on Tuesday, June 25th. 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. Bank of America raised their price target 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. JPMorgan Chase & Co. raised their price target on shares of Capital One Financial from $148.00 to $155.00 and gave the stock a "neutral" rating in a research report on Monday, July 8th. Finally, Jefferies Financial Group raised shares of Capital One Financial from a "hold" rating to a "buy" rating and raised their price target for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial currently has an average rating of "Hold" and an average price target of $145.89.

Insider Activity at Capital One Financial

In related news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the sale, the insider now directly owns 73,734 shares in the company, valued at $11,060,100. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Capital One Financial 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 value of $8,175,141.52. Following the sale, the chief executive officer now directly owns 40,934 shares in the company, valued at $5,438,491.24. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert M. Alexander sold 30,742 shares of the business's stock in a transaction dated 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 $11,060,100. The disclosure for this sale can be found here. Company insiders own 1.30% of the company's stock.

Capital One Financial Stock Performance

COF stock traded up $1.43 during mid-day trading on Friday, reaching $138.97. The company had a trading volume of 1,822,765 shares, compared to its average volume of 2,486,401. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $53.07 billion, a P/E ratio of 10.86, a P/E/G ratio of 1.08 and a beta of 1.44. Capital One Financial Co. has a one year low of $88.23 and a one year high of $153.35. The stock's 50-day simple moving average is $141.50 and its two-hundred day simple moving average is $140.48.

Capital One Financial (NYSE:COF - Get Free Report) last posted 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). 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 quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.52 earnings per share. Research analysts anticipate that Capital One Financial Co. will post 13.1 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial's dividend payout ratio 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.