Keel Point LLC decreased its position in shares of Capital One Financial Corporation (NYSE:COF) by 10.1% during the first quarter, according to its most recent filing with the SEC. The firm owned 5,355 shares of the financial services provider’s stock after selling 600 shares during the period. Keel Point LLC’s holdings in Capital One Financial Corporation were worth $464,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quadrant Capital Group LLC raised its stake in Capital One Financial Corporation by 2.5% in the first quarter. Quadrant Capital Group LLC now owns 1,472 shares of the financial services provider’s stock valued at $121,000 after buying an additional 36 shares during the last quarter. Israel Discount Bank of New York GFN bought a new position in Capital One Financial Corporation during the fourth quarter valued at about $123,000. Guardian Life Insurance Co. of America increased its position in shares of Capital One Financial Corporation by 0.6% in the first quarter. Guardian Life Insurance Co. of America now owns 1,860 shares of the financial services provider’s stock valued at $161,000 after buying an additional 11 shares during the period. SRS Capital Advisors Inc. increased its position in shares of Capital One Financial Corporation by 16.6% in the first quarter. SRS Capital Advisors Inc. now owns 2,289 shares of the financial services provider’s stock valued at $198,000 after buying an additional 326 shares during the period. Finally, Buckingham Asset Management LLC acquired a new position in shares of Capital One Financial Corporation during the first quarter valued at $212,000. Hedge funds and other institutional investors own 87.84% of the company’s stock.

Capital One Financial Corporation (NYSE:COF) traded down 0.84% on Thursday, hitting $84.59. The stock had a trading volume of 2,504,963 shares. Capital One Financial Corporation has a one year low of $66.00 and a one year high of $96.92. The stock has a market cap of $40.92 billion, a price-to-earnings ratio of 12.84 and a beta of 1.20. The stock’s 50 day moving average is $82.67 and its 200 day moving average is $84.69.

Capital One Financial Corporation (NYSE:COF) last announced its quarterly earnings results on Thursday, July 20th. The financial services provider reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.06. Capital One Financial Corporation had a return on equity of 7.92% and a net margin of 13.32%. The company had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $6.68 billion. During the same quarter in the previous year, the firm earned $1.76 earnings per share. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. Analysts anticipate that Capital One Financial Corporation will post $7.53 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 17th. Stockholders of record on Monday, August 7th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Thursday, August 3rd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.89%. Capital One Financial Corporation’s payout ratio is presently 23.43%.

Capital One Financial Corporation declared that its Board of Directors has approved a stock repurchase program on Wednesday, June 28th that allows the company to repurchase $1.85 billion in outstanding shares. This repurchase authorization allows the financial services provider to repurchase up to 4.6% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

TRADEMARK VIOLATION NOTICE: “Keel Point LLC Sells 600 Shares of Capital One Financial Corporation (COF)” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this article on another publication, it was illegally copied and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this article can be accessed at https://www.thecerbatgem.com/2017/08/03/capital-one-financial-corporation-cof-shares-sold-by-keel-point-llc-updated-updated-updated.html.

Several equities analysts recently weighed in on COF shares. Zacks Investment Research upgraded shares of Capital One Financial Corporation from a “sell” rating to a “hold” rating in a report on Thursday, July 27th. UBS AG upgraded shares of Capital One Financial Corporation from an “underperform” rating to a “market perform” rating in a report on Friday, July 21st. CIBC dropped their price objective on shares of Capital One Financial Corporation from $84.00 to $80.00 and set an “underperform” rating on the stock in a research note on Wednesday, April 26th. Evercore ISI reaffirmed an “underperform” rating and set a $94.00 price objective on shares of Capital One Financial Corporation in a research note on Wednesday, April 19th. Finally, Instinet reaffirmed a “buy” rating and set a $96.00 price objective (down previously from $101.00) on shares of Capital One Financial Corporation in a research note on Wednesday, July 12th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $92.90.

In related news, CEO Richard D. Fairbank sold 367,419 shares of the business’s stock in a transaction dated Wednesday, July 26th. The stock was sold at an average price of $87.02, for a total transaction of $31,972,801.38. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Michael Slocum sold 6,276 shares of the company’s stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of $82.16, for a total value of $515,636.16. Following the completion of the sale, the insider now owns 61,905 shares in the company, valued at $5,086,114.80. The disclosure for this sale can be found here. Insiders own 1.73% of the company’s stock.

About Capital One Financial Corporation

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

Institutional Ownership by Quarter for Capital One Financial Corporation (NYSE:COF)

Receive News & Stock Ratings for Capital One Financial Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial Corporation and related stocks with our FREE daily email newsletter.