CSM Advisors LLC Decreases Stock Holdings in Capital One Financial Corporation $COF

CSM Advisors LLC lowered its position in shares of Capital One Financial Corporation (NYSE:COF) by 64.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,293 shares of the financial services provider’s stock after selling 40,646 shares during the period. CSM Advisors LLC’s holdings in Capital One Financial were worth $4,739,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Howard Hughes Medical Institute purchased a new stake in Capital One Financial during the 2nd quarter worth about $29,000. WFA of San Diego LLC acquired a new stake in shares of Capital One Financial during the 2nd quarter worth about $32,000. Crowley Wealth Management Inc. acquired a new stake in shares of Capital One Financial during the 3rd quarter worth about $33,000. Wolff Wiese Magana LLC lifted its stake in Capital One Financial by 41.3% during the third 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 boosted its holdings in Capital One Financial by 86.9% in the second quarter. Bell Investment Advisors Inc now owns 200 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 93 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Activity

In other news, insider Lia Dean sold 3,284 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $223.68, for a total value of $734,565.12. Following the transaction, the insider owned 70,162 shares of the company’s stock, valued at approximately $15,693,836.16. The trade was a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Celia Karam sold 2,108 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $218.25, for a total value of $460,071.00. Following the sale, the insider owned 59,269 shares of the company’s stock, valued at $12,935,459.25. This trade represents a 3.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 67,933 shares of company stock worth $14,363,897 over the last quarter. 1.26% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on COF shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research note on Monday, December 29th. TD Cowen restated a “buy” rating on shares of Capital One Financial in a report on Thursday, January 8th. Keefe, Bruyette & Woods increased their target price on shares of Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. Zacks Research lowered shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Finally, HSBC reduced their price target on shares of Capital One Financial from $234.00 to $226.00 and set a “hold” rating for the company in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and an average target price of $274.70.

Capital One Financial Trading Up 1.3%

Shares of Capital One Financial stock opened at $179.76 on Monday. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $259.64. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $111.80 billion, a P/E ratio of 60.73, a PEG ratio of 0.54 and a beta of 1.14. The company’s fifty day moving average is $215.61 and its two-hundred day moving average is $220.83.

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

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 19th were given a $0.80 dividend. 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 payout ratio is 108.11%.

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.