Evermay Wealth Management LLC Lowers Position in Capital One Financial Co. (NYSE:COF)

Evermay Wealth Management LLC lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 9.1% during the first quarter, HoldingsChannel.com reports. The firm owned 1,040 shares of the financial services provider’s stock after selling 104 shares during the period. Evermay Wealth Management LLC’s holdings in Capital One Financial were worth $155,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Financial Security Advisor Inc. raised its position in shares of Capital One Financial by 2.4% in the 1st quarter. Financial Security Advisor Inc. now owns 3,255 shares of the financial services provider’s stock worth $485,000 after buying an additional 75 shares during the period. Valley National Advisers Inc. raised its holdings in shares of Capital One Financial by 0.5% in the 1st quarter. Valley National Advisers Inc. now owns 16,366 shares of the financial services provider’s stock worth $2,435,000 after purchasing an additional 75 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Capital One Financial by 11.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 75 shares in the last quarter. Smith Chas P & Associates PA Cpas grew its holdings in shares of Capital One Financial by 2.8% during the 1st quarter. Smith Chas P & Associates PA Cpas now owns 2,829 shares of the financial services provider’s stock worth $421,000 after purchasing an additional 76 shares during the period. Finally, FFT Wealth Management LLC increased its position in Capital One Financial by 3.6% during the 4th quarter. FFT Wealth Management LLC now owns 2,325 shares of the financial services provider’s stock worth $305,000 after purchasing an additional 80 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling

In other Capital One Financial 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 owns 47,081 shares in the company, valued at $6,726,933.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Capital One Financial news, insider Celia Karam sold 16,913 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the transaction, the insider now owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Timothy P. Golden sold 8,656 shares of the company’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total value of $1,246,810.24. Following the transaction, the insider now directly owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The disclosure for this sale can be found here. Insiders have sold 56,311 shares of company stock worth $8,274,640 over the last ninety days. 1.30% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of recent research reports. BTIG Research initiated coverage on shares of Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating on the stock. Evercore ISI decreased their price target on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research report on Tuesday, June 25th. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research report on Monday, July 8th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $150.00 target price on shares of Capital One Financial in a research report on Thursday. Finally, Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and raised their target price for the company from $145.00 to $165.00 in a report on Thursday, June 6th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $145.89.

Capital One Financial Stock Up 1.2 %

COF stock traded up $1.70 during mid-day trading on Thursday, hitting $148.11. 2,666,044 shares of the company were exchanged, compared to its average volume of 2,556,811. The company has a market capitalization of $56.31 billion, a PE ratio of 11.60, a price-to-earnings-growth ratio of 1.14 and a beta of 1.45. The firm has a fifty day simple moving average of $139.19 and a 200 day simple moving average of $138.66. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86. Capital One Financial Co. has a twelve month low of $88.23 and a twelve month high of $153.35.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.37% and a net margin of 9.01%. The firm had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.57 billion. During the same quarter last year, the business posted $3.52 earnings per share. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, research analysts forecast that Capital One Financial Co. will post 13.4 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.62%. The ex-dividend date was Friday, May 10th. Capital One Financial’s dividend payout ratio is currently 18.79%.

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.