Capital One Financial Co. (NYSE:COF) Shares Sold by Trust Co. of Vermont

Trust Co. of Vermont reduced its stake in Capital One Financial Co. (NYSE:COF) by 1.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,159 shares of the financial services provider’s stock after selling 320 shares during the period. Trust Co. of Vermont’s holdings in Capital One Financial were worth $2,514,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of COF. Ballentine Partners LLC acquired a new stake in Capital One Financial in the fourth quarter valued at $240,000. Asset Management One Co. Ltd. raised its stake in Capital One Financial by 3.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 162,334 shares of the financial services provider’s stock valued at $21,431,000 after buying an additional 5,310 shares in the last quarter. Arkadios Wealth Advisors acquired a new stake in Capital One Financial in the fourth quarter valued at $246,000. Park Place Capital Corp raised its stake in Capital One Financial by 38.3% in the fourth quarter. Park Place Capital Corp now owns 801 shares of the financial services provider’s stock valued at $105,000 after buying an additional 222 shares in the last quarter. Finally, Allworth Financial LP raised its stake in Capital One Financial by 47.6% in the fourth quarter. Allworth Financial LP now owns 9,695 shares of the financial services provider’s stock valued at $1,271,000 after buying an additional 3,128 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the sale, the insider now directly owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the business’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the transaction, the insider now owns 47,081 shares in the company, valued at approximately $6,726,933.28. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Trading Up 1.7 %

COF stock traded up $2.27 during midday trading on Tuesday, hitting $133.69. The stock had a trading volume of 2,777,315 shares, compared to its average volume of 2,563,157. The firm has a market cap of $50.83 billion, a PE ratio of 10.47, a price-to-earnings-growth ratio of 1.13 and a beta of 1.45. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Co. has a 12-month low of $88.23 and a 12-month high of $153.35. The company’s 50-day moving average price is $139.96 and its 200 day moving average price is $139.60.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.14). The firm had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm posted $3.52 earnings per share. On average, equities research analysts predict that Capital One Financial Co. will post 13.17 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Stockholders of record on Monday, August 12th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, August 12th. This represents a $2.40 annualized dividend and a dividend yield of 1.80%. Capital One Financial’s dividend payout ratio is presently 18.79%.

Analyst Ratings Changes

A number of analysts have weighed in on COF shares. Evercore ISI cut their price target on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research note on Tuesday, June 25th. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a report on Monday, July 8th. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and raised their price objective for the stock from $145.00 to $165.00 in a report on Thursday, June 6th. Bank of America raised their price objective on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Finally, Wells Fargo & Company raised their price objective on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a report on Wednesday, April 10th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $145.89.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.