Headlands Technologies LLC Trims Stock Position in Capital One Financial Corporation $COF

Headlands Technologies LLC lessened its stake in shares of Capital One Financial Corporation (NYSE:COF) by 31.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,504 shares of the financial services provider’s stock after selling 2,480 shares during the period. Headlands Technologies LLC’s holdings in Capital One Financial were worth $1,104,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Evolution Wealth Management Inc. grew its stake in Capital One Financial by 529.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 90 shares in the last quarter. Solstein Capital LLC bought a new stake in Capital One Financial during the 2nd quarter valued at $26,000. VSM Wealth Advisory LLC purchased a new stake in shares of Capital One Financial in the 4th quarter worth $27,000. Cherry Tree Wealth Management LLC lifted its holdings in shares of Capital One Financial by 1,312.5% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after buying an additional 105 shares during the period. Finally, Ballast Advisors LLC bought a new position in shares of Capital One Financial during the 1st quarter worth $27,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Down 0.5%

Shares of NYSE:COF opened at $214.67 on Tuesday. The company has a market capitalization of $131.70 billion, a PE ratio of 13.28, a P/E/G ratio of 0.79 and a beta of 1.02. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64. The business’s fifty day simple moving average is $210.59 and its 200-day simple moving average is $197.79.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $15.76 billion. During the same period in the prior year, the business posted $5.48 EPS. The firm’s quarterly revenue was up 26.9% on a year-over-year basis. As a group, equities research analysts predict that Capital One Financial Corporation will post 20.29 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 17th. Capital One Financial’s dividend payout ratio is presently 19.80%.

Insider Buying and Selling at Capital One Financial

In related news, CAO Timothy P. Golden sold 3,487 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The shares were 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 owned 7,429 shares in the company, valued at $1,567,519. The trade was a 31.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Michael Zamsky sold 5,473 shares of the stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $218.02, for a total transaction of $1,193,223.46. Following the sale, the insider directly owned 27,992 shares of the company’s stock, valued at $6,102,815.84. The trade was a 16.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 26,267 shares of company stock valued at $5,617,648. 0.78% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Piper Sandler initiated coverage on Capital One Financial in a research note on Monday, June 29th. They set an “overweight” rating and a $254.00 price target on the stock. HSBC raised shares of Capital One Financial from a “hold” rating to a “buy” rating and upped their price objective for the stock from $226.00 to $229.00 in a research note on Sunday, July 12th. Citigroup dropped their target price on shares of Capital One Financial from $310.00 to $295.00 and set a “buy” rating on the stock in a report on Tuesday, July 28th. Wolfe Research raised their target price on shares of Capital One Financial from $255.00 to $275.00 and gave the company an “outperform” rating in a research report on Tuesday, August 25th. Finally, Barclays reduced their price target on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Twenty-one investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average price target of $258.91.

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.