Fiduciary Management Inc. WI Sells 51,146 Shares of Capital One Financial Corporation $COF

Fiduciary Management Inc. WI decreased its stake in Capital One Financial Corporation (NYSE:COF) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 656,735 shares of the financial services provider’s stock after selling 51,146 shares during the period. Capital One Financial comprises about 1.8% of Fiduciary Management Inc. WI’s holdings, making the stock its 25th largest holding. Fiduciary Management Inc. WI’s holdings in Capital One Financial were worth $159,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Evolution Wealth Management Inc. lifted its stake in Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 90 shares during the last quarter. VSM Wealth Advisory LLC bought a new position in Capital One Financial in the 4th quarter valued at approximately $27,000. Cherry Tree Wealth Management LLC lifted its stake in Capital One Financial by 1,312.5% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 105 shares during the last quarter. Strive Asset Management LLC bought a new position in Capital One Financial in the 3rd quarter valued at approximately $28,000. Finally, Olistico Wealth LLC bought a new position in Capital One Financial in the 4th quarter valued at approximately $30,000. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction on Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the sale, the insider directly owned 61,579 shares of the company’s stock, valued at approximately $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of the sale, the general counsel directly owned 97,194 shares of the company’s stock, valued at approximately $17,876,892.42. This trade represents a 3.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 8,040 shares of company stock valued at $1,498,615. Corporate insiders own 0.78% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE COF opened at $180.58 on Friday. Capital One Financial Corporation has a twelve month low of $174.98 and a twelve month high of $259.64. The firm has a fifty day simple moving average of $189.03 and a 200 day simple moving average of $208.10. The company has a market capitalization of $112.37 billion, a PE ratio of 63.36, a P/E/G ratio of 0.66 and a beta of 1.03. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46.

Capital One Financial (NYSE:COF) last announced 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 for the quarter, compared to the consensus estimate of $15.68 billion. During the same period in the prior year, the business earned $4.06 EPS. Capital One Financial’s quarterly revenue was up 52.3% on a year-over-year basis. On average, sell-side analysts forecast that Capital One Financial Corporation will post 19.13 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, May 19th. Capital One Financial’s payout ratio is 112.28%.

Wall Street Analyst Weigh In

Several brokerages recently commented on COF. Truist Financial dropped their price objective on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Morgan Stanley dropped their price objective on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a research note on Thursday, April 16th. BTIG Research reaffirmed a “buy” rating and set a $224.00 price target on shares of Capital One Financial in a research note on Wednesday, April 22nd. Rothschild & Co Redburn dropped their price target on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, The Goldman Sachs Group dropped their price target on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. Seventeen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $258.75.

About Capital One Financial

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.