Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 5,692 Shares of Capital One Financial Corporation $COF

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its holdings in Capital One Financial Corporation (NYSE:COF) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 147,876 shares of the financial services provider’s stock after selling 5,692 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Capital One Financial were worth $35,839,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Tompkins Financial Corp grew its stake 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 valued at $237,000 after acquiring an additional 40 shares during the period. Focus Financial Network Inc. grew its stake 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 valued at $380,000 after acquiring an additional 43 shares during the period. Stephens Consulting LLC grew its stake 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 valued at $122,000 after acquiring an additional 47 shares during the period. Dogwood Wealth Management LLC grew its stake 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 valued at $55,000 after acquiring an additional 47 shares during the period. Finally, Nicolet Advisory Services LLC grew its stake 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 valued at $1,506,000 after acquiring an additional 48 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Up 0.6%

Shares of NYSE:COF opened at $188.06 on Friday. The stock has a market cap of $117.03 billion, a price-to-earnings ratio of 65.98, a PEG ratio of 0.69 and a beta of 1.05. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46. Capital One Financial Corporation has a 12-month low of $174.98 and a 12-month high of $259.64. The business’s 50 day moving average is $189.11 and its 200 day moving average is $209.36.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). The company had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The firm’s quarterly revenue was up 52.3% on a year-over-year basis. During the same period in the previous year, the firm earned $4.06 EPS. On average, sell-side analysts forecast that Capital One Financial Corporation will post 19.14 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

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

Insider Activity at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total value of $643,755.00. Following the transaction, the general counsel owned 97,194 shares of the company’s stock, valued at approximately $17,876,892.42. The trade was a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the transaction, the insider directly owned 61,579 shares in the company, valued at approximately $11,858,883.82. This represents a 2.76% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 8,040 shares of company stock valued at $1,498,615 over the last 90 days. Insiders own 0.78% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the subject of a number of research reports. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $213.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. UBS Group reduced their price objective on Capital One Financial from $283.00 to $270.00 in a research note on Wednesday, May 6th. BTIG Research reissued a “buy” rating and issued a $224.00 price objective on shares of Capital One Financial in a research note on Wednesday, April 22nd. Argus reduced their price objective on Capital One Financial from $260.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $300.00 price objective on shares of Capital One Financial in a research note on Monday, March 16th. Seventeen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $258.75.

Capital One Financial Company 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.