State of New Jersey Common Pension Fund D Sells 5,125 Shares of Capital One Financial Corporation $COF

State of New Jersey Common Pension Fund D lessened its stake in shares of Capital One Financial Corporation (NYSE:COF) by 2.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 218,663 shares of the financial services provider’s stock after selling 5,125 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Capital One Financial were worth $52,995,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Cortland Associates Inc. MO acquired a new stake in shares of Capital One Financial during the third quarter worth $14,391,000. Meridian Wealth Management LLC grew its holdings in shares of Capital One Financial by 334.8% during the third quarter. Meridian Wealth Management LLC now owns 9,404 shares of the financial services provider’s stock worth $1,999,000 after buying an additional 7,241 shares in the last quarter. National Pension Service raised its position in Capital One Financial by 4.0% in the 3rd quarter. National Pension Service now owns 1,552,736 shares of the financial services provider’s stock valued at $330,081,000 after buying an additional 59,100 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its position in Capital One Financial by 58.5% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 36,685 shares of the financial services provider’s stock worth $7,798,000 after acquiring an additional 13,539 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in shares of Capital One Financial by 17.3% in the third quarter. Jones Financial Companies Lllp now owns 129,013 shares of the financial services provider’s stock valued at $28,861,000 after purchasing an additional 19,059 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on COF. Deutsche Bank Aktiengesellschaft cut their price target on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Evercore cut their price objective on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a report on Monday, April 6th. Wells Fargo & Company dropped their price target on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. JPMorgan Chase & Co. lifted 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. Finally, Argus cut their target price on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Eighteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $258.14.

Capital One Financial Trading Down 0.5%

Shares of COF stock opened at $189.97 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a fifty-two week low of $174.98 and a fifty-two week high of $259.64. The company has a market cap of $118.15 billion, a PE ratio of 66.68, a P/E/G ratio of 0.71 and a beta of 1.14. The stock’s fifty day moving average price is $190.70 and its two-hundred day moving average price is $213.55.

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

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Thursday, February 19th. Capital One Financial’s dividend payout ratio is presently 112.28%.

Insider Transactions at Capital One Financial

In other news, insider Celia Karam sold 1,099 shares of the firm’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total transaction of $203,985.39. Following the completion of the transaction, the insider owned 63,323 shares of the company’s stock, valued at approximately $11,753,382.03. This trade represents a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Neal Blinde sold 38,135 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total value of $7,265,098.85. Following the completion of the sale, the insider owned 33,551 shares of the company’s stock, valued at $6,391,801.01. The trade was a 53.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 50,047 shares of company stock worth $9,742,217. 0.78% 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.