Stevens Capital Management LP Sells 17,238 Shares of Capital One Financial Corporation $COF

Stevens Capital Management LP reduced its position in shares of Capital One Financial Corporation (NYSE:COF) by 71.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,835 shares of the financial services provider’s stock after selling 17,238 shares during the period. Stevens Capital Management LP’s holdings in Capital One Financial were worth $1,657,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Capital One Financial by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider’s stock valued at $13,789,615,000 after buying an additional 360,071 shares during the period. Franklin Resources Inc. increased its stake in Capital One Financial by 12.8% in the 3rd quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock worth $2,516,587,000 after acquiring an additional 1,339,215 shares during the last quarter. Davis Selected Advisers raised its holdings in shares of Capital One Financial by 2.8% in the 4th quarter. Davis Selected Advisers now owns 8,614,766 shares of the financial services provider’s stock valued at $2,087,878,000 after acquiring an additional 234,649 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of Capital One Financial by 3.7% in the 3rd quarter. Capital Research Global Investors now owns 8,426,060 shares of the financial services provider’s stock valued at $1,791,264,000 after acquiring an additional 302,733 shares in the last quarter. Finally, Viking Global Investors LP boosted its position in shares of Capital One Financial by 30.3% during the 3rd quarter. Viking Global Investors LP now owns 7,388,506 shares of the financial services provider’s stock valued at $1,570,649,000 after acquiring an additional 1,717,148 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. BTIG Research reissued a “buy” rating and set a $224.00 price objective on shares of Capital One Financial in a report on Wednesday, April 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Capital One Financial in a research note on Friday, March 27th. Royal Bank Of Canada cut their price target on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a research note on Friday, April 10th. Wolfe Research decreased their price target on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a report on Friday, January 23rd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $213.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. Eighteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $258.14.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $189.70 on Wednesday. The firm has a market capitalization of $117.98 billion, a PE ratio of 66.56, a price-to-earnings-growth ratio of 0.69 and a beta of 1.05. The company has a current ratio of 1.03, a quick 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 price is $190.07 and its 200-day moving average price is $213.26.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. During the same quarter in the previous year, the firm earned $4.06 EPS. The business’s quarterly revenue was up 52.3% compared to the same quarter last year. Sell-side analysts forecast that Capital One Financial Corporation will post 19.17 EPS for the current fiscal year.

Insider Buying and Selling at Capital One Financial

In related news, insider Lia Dean sold 1,692 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total transaction of $314,052.12. Following the transaction, the insider owned 65,454 shares of the company’s stock, valued at approximately $12,148,916.94. This trade represents a 2.52% decrease in their position. 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 Neal Blinde sold 38,135 shares of Capital One Financial stock in a transaction on 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 completion of 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. In the last quarter, insiders have sold 46,404 shares of company stock valued at $8,884,404. Insiders own 0.78% of the company’s stock.

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.