United Services Automobile Association Has $1.55 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

United Services Automobile Association reduced its holdings in Capital One Financial Co. (NYSE:COF) by 2.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,168 shares of the financial services provider’s stock after selling 315 shares during the quarter. United Services Automobile Association’s holdings in Capital One Financial were worth $1,546,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in COF. Silicon Valley Capital Partners bought a new position in Capital One Financial during the first quarter worth $25,000. LRI Investments LLC bought a new position in shares of Capital One Financial during the 1st quarter worth about $25,000. Hobbs Group Advisors LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at about $29,000. Bartlett & CO. Wealth Management LLC raised its stake in Capital One Financial by 726.7% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after buying an additional 218 shares during the period. Finally, Rise Advisors LLC bought a new position in Capital One Financial in the first quarter worth approximately $33,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the sale, the chief executive officer now directly owns 40,934 shares in the company, valued at $5,438,491.24. The sale was disclosed in a document filed with the SEC, which is available at this link. In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the transaction, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at approximately $5,438,491.24. The disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Price Performance

NYSE COF opened at $142.60 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The company has a market cap of $54.45 billion, a PE ratio of 11.17, a price-to-earnings-growth ratio of 1.10 and a beta of 1.44. Capital One Financial Co. has a 52 week low of $88.23 and a 52 week high of $153.35. The firm’s 50-day simple moving average is $141.60 and its two-hundred day simple moving average is $140.52.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.14). The business had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the business posted $3.52 earnings per share. Research analysts predict that Capital One Financial Co. will post 13.1 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were paid a $0.60 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 annualized dividend and a yield of 1.68%. Capital One Financial’s dividend payout ratio is currently 18.79%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on COF shares. Bank of America upped their target price on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Evercore ISI dropped their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research note on Tuesday, June 25th. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and boosted their target price for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a report on Monday, July 8th. Finally, BTIG Research began coverage on Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating for the company. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $145.89.

Capital One Financial Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.