Capital One Financial Corporation $COF Position Lowered by Fisher Asset Management LLC

Fisher Asset Management LLC decreased its stake in shares of Capital One Financial Corporation (NYSE:COF) by 4.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 6,937,362 shares of the financial services provider’s stock after selling 358,865 shares during the quarter. Fisher Asset Management LLC’s holdings in Capital One Financial were worth $1,681,339,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Tompkins Financial Corp lifted its holdings in Capital One Financial by 4.3% in the fourth quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock worth $237,000 after acquiring an additional 40 shares during the last quarter. Focus Financial Network Inc. lifted its holdings in Capital One Financial by 2.8% in the fourth quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock worth $380,000 after acquiring an additional 43 shares during the last quarter. Stephens Consulting LLC lifted its holdings in Capital One Financial by 10.3% in the fourth quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock worth $122,000 after acquiring an additional 47 shares during the last quarter. Dogwood Wealth Management LLC lifted its holdings in Capital One Financial by 26.0% in the fourth quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock worth $55,000 after acquiring an additional 47 shares during the last quarter. Finally, Nicolet Advisory Services LLC lifted its holdings in Capital One Financial by 0.7% in the third quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider’s stock worth $1,506,000 after acquiring an additional 48 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In related news, insider Jason P. Hanson sold 3,729 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total transaction of $764,445.00. Following the transaction, the insider owned 40,230 shares in the company, valued at $8,247,150. This trade represents a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Neal Blinde sold 38,135 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the transaction, the insider owned 33,551 shares in the company, valued at $6,391,801.01. This represents a 53.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 49,904 shares of company stock valued at $9,528,159. 0.78% of the stock is currently owned by company insiders.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $187.80 on Monday. The firm’s 50 day moving average is $188.36 and its two-hundred day moving average is $210.40. Capital One Financial Corporation has a 52 week low of $174.98 and a 52 week high of $259.64. The firm has a market capitalization of $116.87 billion, a P/E ratio of 65.90, a PEG ratio of 0.69 and a beta of 1.05. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The firm had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. During the same quarter in the previous year, the business posted $4.06 EPS. Capital One Financial’s revenue for the quarter was up 52.3% compared to the same quarter last year. Analysts anticipate that Capital One Financial Corporation will post 19.17 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 19th will be paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Tuesday, May 19th. Capital One Financial’s dividend payout ratio (DPR) is currently 112.28%.

Analyst Ratings Changes

A number of equities analysts have issued reports on COF shares. The Goldman Sachs Group cut their target price on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a report on Tuesday, April 7th. Jefferies Financial Group reissued a “buy” rating and issued a $300.00 target price on shares of Capital One Financial in a report on Monday, March 16th. JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Evercore cut their target price on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a report on Monday, April 6th. Finally, Argus cut their target price on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Seventeen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $258.75.

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.