Dimensional Fund Advisors LP Trims Position in Capital One Financial Corporation $COF

Dimensional Fund Advisors LP cut its stake in shares of Capital One Financial Corporation (NYSE:COF) by 18.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,785,542 shares of the financial services provider’s stock after selling 880,682 shares during the period. Dimensional Fund Advisors LP’s holdings in Capital One Financial were worth $805,210,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Howard Hughes Medical Institute purchased a new stake in Capital One Financial in the 2nd quarter worth approximately $29,000. Legacy Investment Solutions LLC bought a new position in shares of Capital One Financial in the second quarter worth $30,000. WFA of San Diego LLC purchased a new stake in shares of Capital One Financial in the second quarter worth $32,000. Crowley Wealth Management Inc. bought a new stake in Capital One Financial during the third quarter valued at $33,000. Finally, Valued Wealth Advisors LLC boosted its stake in Capital One Financial by 121.0% during the second quarter. Valued Wealth Advisors LLC now owns 179 shares of the financial services provider’s stock valued at $38,000 after buying an additional 98 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Capital One Financial news, insider Ravi Raghu sold 13,450 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $250.00, for a total value of $3,362,500.00. Following the completion of the sale, the insider owned 30,337 shares in the company, valued at approximately $7,584,250. The trade was a 30.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Celia Karam sold 2,108 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $218.25, for a total transaction of $460,071.00. Following the completion of the transaction, the insider owned 59,269 shares in the company, valued at $12,935,459.25. This represents a 3.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 67,933 shares of company stock worth $14,363,897. 1.26% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

COF has been the topic of several recent analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $300.00 price target on shares of Capital One Financial in a report on Tuesday, January 6th. Wall Street Zen downgraded shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Jefferies Financial Group lifted their target price on shares of Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. BTIG Research decreased their price target on shares of Capital One Financial from $308.00 to $270.00 and set a “buy” rating on the stock in a report on Friday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a research report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $274.70.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $193.59 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $259.64. The company has a fifty day moving average of $225.22 and a 200-day moving average of $222.69. The stock has a market capitalization of $120.40 billion, a price-to-earnings ratio of 65.40, a price-to-earnings-growth ratio of 0.58 and a beta of 1.14.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.During the same quarter in the prior year, the company earned $2.67 earnings per share. Capital One Financial’s revenue was up 53.3% compared to the same quarter last year. Equities research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 19th were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.7%. The ex-dividend date was Thursday, February 19th. Capital One Financial’s dividend payout ratio (DPR) is presently 108.11%.

Capital One Financial Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.