Capital One Financial Corporation $COF Stock Holdings Cut by JCSD Capital LLC

JCSD Capital LLC lowered its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 27.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,300 shares of the financial services provider’s stock after selling 6,800 shares during the quarter. Capital One Financial accounts for about 5.3% of JCSD Capital LLC’s portfolio, making the stock its 6th largest position. JCSD Capital LLC’s holdings in Capital One Financial were worth $3,671,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in COF. Evolution Wealth Management Inc. lifted its holdings in shares of Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 90 shares during the last quarter. Solstein Capital LLC bought a new stake in Capital One Financial during the second quarter worth approximately $26,000. VSM Wealth Advisory LLC bought a new stake in Capital One Financial during the fourth quarter worth approximately $27,000. Cherry Tree Wealth Management LLC raised its position in Capital One Financial by 1,312.5% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 105 shares during the period. Finally, Ballast Advisors LLC purchased a new stake in Capital One Financial during the first quarter valued at approximately $27,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Up 0.1%

Shares of NYSE:COF opened at $215.81 on Monday. The firm has a market capitalization of $132.40 billion, a PE ratio of 13.35, a price-to-earnings-growth ratio of 0.79 and a beta of 1.02. The business has a 50 day simple moving average of $210.32 and a two-hundred day simple moving average of $197.82. Capital One Financial Corporation has a 1 year low of $174.24 and a 1 year high of $259.64. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, topping the consensus estimate of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The firm had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. During the same period in the prior year, the business posted $5.48 earnings per share. The company’s revenue for the quarter was up 26.9% on a year-over-year basis. On average, equities analysts predict that Capital One Financial Corporation will post 20.29 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be paid a $0.80 dividend. The ex-dividend date is Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. Capital One Financial’s dividend payout ratio (DPR) is presently 19.80%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Piper Sandler initiated coverage on Capital One Financial in a report on Monday, June 29th. They issued an “overweight” rating and a $254.00 target price for the company. Wall Street Zen lowered Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Wolfe Research raised their price target on Capital One Financial from $255.00 to $275.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on Capital One Financial in a research report on Thursday, August 20th. Finally, BTIG Research boosted their price objective on shares of Capital One Financial from $224.00 to $259.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Twenty-one equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $258.91.

Insiders Place Their Bets

In other news, insider Lia Dean sold 2,193 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $225.52, for a total value of $494,565.36. Following the transaction, the insider directly owned 63,261 shares in the company, valued at approximately $14,266,620.72. This represents a 3.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Timothy P. Golden sold 3,487 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total transaction of $735,757.00. Following the completion of the transaction, the chief accounting officer directly owned 7,429 shares in the company, valued at $1,567,519. This represents a 31.94% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 26,267 shares of company stock valued at $5,617,648. Insiders own 0.78% of the company’s stock.

About Capital One Financial

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.