People s United Financial Inc. decreased its position in Capital One Financial Corp. (NYSE:COF) by 29.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,825 shares of the financial services provider’s stock after selling 19,405 shares during the period. People s United Financial Inc.’s holdings in Capital One Financial were worth $4,210,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. TLP Group LLC purchased a new position in Capital One Financial in the first quarter valued at approximately $103,000. Well Done LLC purchased a new stake in shares of Capital One Financial during the first quarter worth $106,000. Bedel Financial Consulting Inc. purchased a new stake in shares of Capital One Financial during the first quarter worth $107,000. Integrated Investment Consultants LLC purchased a new stake in shares of Capital One Financial during the second quarter worth $108,000. Finally, Kaizen Advisory LLC lifted its position in shares of Capital One Financial by 161.0% during the second quarter. Kaizen Advisory LLC now owns 1,198 shares of the financial services provider’s stock worth $110,000 after acquiring an additional 739 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

COF has been the topic of several recent research reports. Robert W. Baird restated a “hold” rating on shares of Capital One Financial in a research report on Wednesday, April 25th. Oppenheimer restated a “hold” rating on shares of Capital One Financial in a research report on Tuesday, April 24th. BMO Capital Markets dropped their target price on Capital One Financial from $140.00 to $133.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 25th. They noted that the move was a valuation call. ValuEngine downgraded Capital One Financial from a “buy” rating to a “hold” rating in a research report on Thursday, April 26th. Finally, Morgan Stanley dropped their target price on Capital One Financial from $111.00 to $104.00 and set an “equal weight” rating on the stock in a research report on Monday, April 30th. Eight analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Capital One Financial currently has an average rating of “Buy” and an average target price of $110.90.

Capital One Financial stock opened at $99.17 on Monday. The firm has a market capitalization of $45.98 billion, a PE ratio of 12.73, a PEG ratio of 0.82 and a beta of 1.30. Capital One Financial Corp. has a fifty-two week low of $76.98 and a fifty-two week high of $106.50. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.06.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, July 19th. The financial services provider reported $3.22 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.59. The firm had revenue of $7.19 billion for the quarter, compared to analysts’ expectations of $6.95 billion. Capital One Financial had a net margin of 10.73% and a return on equity of 10.44%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.96 earnings per share. sell-side analysts anticipate that Capital One Financial Corp. will post 11.05 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, August 16th. Stockholders of record on Monday, August 6th were issued a $0.40 dividend. The ex-dividend date of this dividend was Friday, August 3rd. This represents a $1.60 annualized dividend and a dividend yield of 1.61%. Capital One Financial’s payout ratio is currently 20.54%.

In other news, insider Timothy P. Golden sold 4,073 shares of the company’s stock in a transaction on Thursday, August 2nd. The shares were sold at an average price of $95.85, for a total value of $390,397.05. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Michael J. Wassmer sold 1,787 shares of the company’s stock in a transaction on Thursday, June 14th. The stock was sold at an average price of $98.00, for a total transaction of $175,126.00. Following the completion of the transaction, the insider now directly owns 84,045 shares in the company, valued at approximately $8,236,410. The disclosure for this sale can be found here. In the last ninety days, insiders sold 306,651 shares of company stock worth $30,395,892. Insiders own 1.40% of the company’s stock.

Capital One Financial Profile

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

See Also: Diversification

Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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