PBU The Pension Fund of Early Childhood & Youth Educators Sells 2,667 Shares of Capital One Financial Corporation $COF

PBU The Pension Fund of Early Childhood & Youth Educators cut its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 2.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,609 shares of the financial services provider’s stock after selling 2,667 shares during the quarter. PBU The Pension Fund of Early Childhood & Youth Educators’ holdings in Capital One Financial were worth $25,603,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Compass Wealth Management LLC bought a new position in shares of Capital One Financial in the 3rd quarter valued at about $25,000. Torren Management LLC raised its holdings in Capital One Financial by 114.8% during the third quarter. Torren Management LLC now owns 131 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 70 shares in the last quarter. Solstein Capital LLC bought a new stake in Capital One Financial during the second quarter worth about $26,000. Ballast Advisors LLC bought a new stake in Capital One Financial during the first quarter worth about $27,000. Finally, Gilpin Wealth Management LLC bought a new stake in Capital One Financial during the third quarter worth about $27,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of COF opened at $193.66 on Friday. The firm has a 50-day moving average of $202.14 and a 200-day moving average of $200.33. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. The company has a market cap of $116.49 billion, a PE ratio of 11.43, a price-to-earnings-growth ratio of 0.90 and a beta of 1.10. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, October 20th. The financial services provider reported $6.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.53 by $1.16. The company had revenue of $16.31 billion for the quarter, compared to analysts’ expectations of $16.25 billion. Capital One Financial had a net margin of 13.70% and a return on equity of 11.64%. Capital One Financial’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.95 EPS. As a group, equities analysts forecast that Capital One Financial Corporation will post 21.53 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 16th will be issued a dividend of $0.80 per share. The ex-dividend date is Monday, November 16th. This represents a $3.20 dividend on an annualized basis and a yield of 1.7%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.89%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on COF shares. JPMorgan Chase & Co. increased their price target on Capital One Financial from $227.00 to $241.00 and gave the company an “overweight” rating in a research report on Wednesday, October 21st. Wolfe Research boosted 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. TD Cowen upped their price objective on Capital One Financial from $242.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, October 21st. BMO Capital Markets upped their price objective on Capital One Financial from $219.00 to $225.00 and gave the stock a “market perform” rating in a research note on Wednesday, October 21st. Finally, Weiss Ratings raised Capital One Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, November 4th. Twenty equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $256.50.

Insiders Place Their Bets

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $214.10, for a total value of $749,350.00. Following the sale, the general counsel owned 83,194 shares in the company, valued at $17,811,835.40. This represents a 4.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Richard D. Fairbank sold 90,743 shares of the firm’s stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $204.86, for a total value of $18,589,610.98. Following the completion of the sale, the chief executive officer directly owned 3,968,520 shares of the company’s stock, valued at approximately $812,991,007.20. The trade was a 2.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 202,145 shares of company stock worth $41,281,806. Company insiders own 0.78% of the company’s stock.

About Capital One Financial

Capital One Financial Corporation is a bank holding company that provides credit cards, consumer banking, auto financing and commercial banking services. Its offerings include credit cards, deposit accounts, loans and financial services for businesses. The company traces its roots to a credit card business established within Signet Banking Corporation in 1988 and became an independent company in 1994. Capital One is headquartered in McLean, Virginia, and serves customers primarily in the United States, with credit card operations also in the United Kingdom.