Capital One Financial Corporation $COF Stock Position Decreased by Cinctive Capital Management LP

Cinctive Capital Management LP trimmed its position in shares of Capital One Financial Corporation (NYSE:COF) by 12.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,634 shares of the financial services provider’s stock after selling 8,442 shares during the quarter. Cinctive Capital Management LP’s holdings in Capital One Financial were worth $12,464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Howard Hughes Medical Institute bought a new position in Capital One Financial during the second quarter valued at approximately $29,000. WFA of San Diego LLC acquired a new stake in Capital One Financial in the second quarter valued at approximately $32,000. Crowley Wealth Management Inc. bought a new stake in Capital One Financial in the third quarter worth approximately $33,000. Wolff Wiese Magana LLC increased its stake in shares of Capital One Financial by 41.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 195 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 57 shares during the last quarter. Finally, Bell Investment Advisors Inc increased its stake in shares of Capital One Financial by 86.9% during the 2nd quarter. Bell Investment Advisors Inc now owns 200 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 93 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $179.76 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. The business’s 50 day moving average is $215.61 and its two-hundred day moving average is $220.86. The company has a market cap of $111.80 billion, a P/E ratio of 60.73, a P/E/G ratio of 0.54 and a beta of 1.14. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $259.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The firm’s quarterly revenue was up 53.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.67 earnings per share. On average, equities analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 19th were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.8%. The ex-dividend date was Thursday, February 19th. Capital One Financial’s dividend payout ratio is presently 108.11%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on COF. HSBC reduced their price objective on shares of Capital One Financial from $234.00 to $226.00 and set a “hold” rating for the company in a research note on Tuesday, January 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Capital One Financial in a research report on Monday, December 29th. Morgan Stanley raised their target price on Capital One Financial from $280.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, January 20th. Keefe, Bruyette & Woods boosted their price target on Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. Finally, Wolfe Research decreased their price target on Capital One Financial from $294.00 to $280.00 and set an “outperform” rating for the company in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $274.70.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 2,108 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $218.25, for a total value of $460,071.00. Following the sale, the insider directly owned 59,269 shares in the company, valued at $12,935,459.25. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Neal Blinde sold 38,135 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the transaction, the insider owned 33,551 shares in the company, valued at approximately $6,391,801.01. The trade was a 53.20% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 67,933 shares of company stock worth $14,363,897. 1.26% of the stock is currently owned by insiders.

Capital One Financial 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.