Capital One Financial Co. (NYSE:COF) Stock Position Trimmed by Samlyn Capital LLC

Samlyn Capital LLC lowered its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 3.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 519,292 shares of the financial services provider's stock after selling 16,614 shares during the quarter. Samlyn Capital LLC owned approximately 0.14% of Capital One Financial worth $71,896,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Silicon Valley Capital Partners purchased a new position in shares of Capital One Financial during the 1st quarter worth about $25,000. LRI Investments LLC acquired a new position in shares of Capital One Financial in the 1st quarter valued at $25,000. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial during the 2nd quarter valued at $28,000. Hobbs Group Advisors LLC acquired a new stake in shares of Capital One Financial during the 2nd quarter worth $29,000. Finally, Bartlett & CO. Wealth Management LLC raised its position 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 buying an additional 218 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

COF has been the topic of several research analyst reports. Evercore ISI reduced their price objective on Capital One Financial from $155.00 to $154.00 and set an "in-line" rating on the stock in a research note on Tuesday, June 25th. Bank of America lifted their price objective on Capital One Financial from $158.00 to $161.00 and gave the company a "buy" rating in a research note on Wednesday, July 24th. JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $148.00 to $155.00 and gave the company a "neutral" rating in a research note on Monday, July 8th. Citigroup initiated coverage on Capital One Financial in a research note on Friday. They issued a "buy" rating and a $190.00 price objective on the stock. Finally, BTIG Research initiated coverage on Capital One Financial in a research note on Friday, June 7th. They issued a "neutral" rating on the stock. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Capital One Financial has an average rating of "Hold" and a consensus target price of $147.21.

Capital One Financial Stock Down 2.6 %

COF stock traded down $3.90 during midday trading on Tuesday, hitting $147.35. 2,388,733 shares of the company's stock were exchanged, compared to its average volume of 2,489,321. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. Capital One Financial Co. has a 12-month low of $88.23 and a 12-month high of $154.18. The firm has a 50 day moving average price of $142.64 and a 200-day moving average price of $141.10. The stock has a market capitalization of $56.02 billion, a price-to-earnings ratio of 11.54, a price-to-earnings-growth ratio of 1.08 and a beta of 1.44.

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 (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The business had revenue of $9.51 billion for the quarter, compared to analysts' expectations of $9.57 billion. During the same quarter in the prior year, the firm earned $3.52 earnings per share. Capital One Financial's revenue for the quarter was up 5.5% compared to the same quarter last year. On average, analysts anticipate that Capital One Financial Co. will post 13.1 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were issued a dividend of $0.60 per share. The ex-dividend date was Monday, August 12th. This represents a $2.40 annualized dividend and a yield of 1.63%. Capital One Financial's dividend payout ratio is presently 18.79%.

Insider Activity

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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Robert M. Alexander sold 30,742 shares of the business'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 value of $4,611,300.00. Following the completion of the sale, the insider now directly owns 73,734 shares in the company, valued at approximately $11,060,100. The sale was disclosed in a document filed 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 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 disclosure for this sale can be found here. Company insiders own 1.30% of the company's stock.

Capital One Financial Company 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.