Dimensional Fund Advisors LP Lowers Stake in Capital One Financial Co. (NYSE:COF)

Dimensional Fund Advisors LP lessened its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 1.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,592,965 shares of the financial services provider's stock after selling 68,446 shares during the period. Dimensional Fund Advisors LP owned 0.95% of Capital One Financial worth $497,338,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Gryphon Financial Partners LLC raised its position in shares of Capital One Financial by 3.3% during the 4th quarter. Gryphon Financial Partners LLC now owns 3,538 shares of the financial services provider's stock valued at $464,000 after buying an additional 114 shares during the period. Foundations Investment Advisors LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth about $276,000. Beacon Pointe Advisors LLC lifted its position in Capital One Financial by 141.6% in the fourth quarter. Beacon Pointe Advisors LLC now owns 19,447 shares of the financial services provider's stock valued at $2,550,000 after buying an additional 11,398 shares during the last quarter. Great Lakes Advisors LLC acquired a new position in Capital One Financial in the fourth quarter valued at about $4,154,000. Finally, Norges Bank purchased a new position in Capital One Financial during the fourth quarter worth about $409,831,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

COF has been the topic of a number of research analyst reports. Bank of America boosted their target price on Capital One Financial from $158.00 to $161.00 and gave the company a "buy" rating in a research report on Wednesday, July 24th. Jefferies Financial Group upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating and boosted their price target for the stock from $145.00 to $165.00 in a research note on Thursday, June 6th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $150.00 price objective on shares of Capital One Financial in a research report on Thursday, July 25th. BTIG Research began coverage on Capital One Financial in a report on Friday, June 7th. They issued a "neutral" rating for the company. Finally, Evercore ISI cut their price target on 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 investment 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. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $145.89.

Insider Buying and Selling at Capital One Financial

In other news, CEO Kevin S. Borgmann sold 61,532 shares of the business'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 value of $8,175,141.52. Following the transaction, 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 filing with the SEC, which is available at the SEC website. In other news, CEO Kevin S. Borgmann sold 61,532 shares of the 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 completion of 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 sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Robert M. Alexander sold 30,742 shares of the firm's 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 completion of the sale, the insider now owns 73,734 shares of the company's stock, valued at approximately $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

Capital One Financial Stock Performance

NYSE:COF traded up $1.98 during mid-day trading on Monday, reaching $140.95. 2,504,766 shares of the stock were exchanged, compared to its average volume of 2,486,504. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. Capital One Financial Co. has a 1 year low of $88.23 and a 1 year high of $153.35. The company has a 50 day simple moving average of $141.56 and a 200-day simple moving average of $140.56. The stock has a market capitalization of $53.82 billion, a P/E ratio of 11.07, a P/E/G ratio of 1.08 and a beta of 1.44.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts' consensus estimates of $3.28 by ($0.14). The business 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 revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.52 earnings per share. Analysts anticipate that Capital One Financial Co. will post 13.1 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.70%. The ex-dividend date was Monday, August 12th. Capital One Financial's dividend payout ratio (DPR) is presently 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.