Johnson Financial Group Inc. Sells 1,050 Shares of Capital One Financial Corporation $COF

Johnson Financial Group Inc. trimmed its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 5.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 19,083 shares of the financial services provider’s stock after selling 1,050 shares during the period. Johnson Financial Group Inc.’s holdings in Capital One Financial were worth $4,060,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. WPG Advisers LLC purchased a new position in Capital One Financial during the first quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC increased its holdings in shares of Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC raised its position in shares of Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 101 shares during the last quarter. Saudi Central Bank purchased a new position in shares of Capital One Financial in the 1st quarter worth about $27,000. Finally, RMG Wealth Management LLC bought a new position in Capital One Financial in the 2nd quarter worth about $27,000. 89.84% of the stock is owned by institutional investors.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $219.41, for a total transaction of $438,820.00. Following the completion of the sale, the general counsel directly owned 96,486 shares of the company’s stock, valued at approximately $21,169,993.26. This represents a 2.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Frank G. LapradeIii sold 17,840 shares of the stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $222.03, for a total transaction of $3,961,015.20. Following the completion of the transaction, the insider owned 48,315 shares in the company, valued at $10,727,379.45. The trade was a 26.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 274,013 shares of company stock worth $61,045,903 over the last 90 days. 1.26% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have weighed in on COF. Citigroup raised their price objective on shares of Capital One Financial from $275.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. The Goldman Sachs Group increased their price target on shares of Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a report on Wednesday, October 22nd. BTIG Research restated a “buy” rating and issued a $264.00 price objective on shares of Capital One Financial in a report on Wednesday, October 22nd. Rothschild & Co Redburn began coverage on Capital One Financial in a research report on Friday, August 1st. They issued a “buy” rating and a $290.00 price objective on the stock. Finally, Evercore ISI increased their target price on Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a research note on Tuesday, September 30th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Capital One Financial Trading Up 1.5%

Shares of COF stock opened at $217.60 on Thursday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. The stock has a market capitalization of $138.33 billion, a P/E ratio of 91.81, a P/E/G ratio of 0.70 and a beta of 1.19. The firm’s 50 day moving average is $216.00 and its 200 day moving average is $212.14.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The firm had revenue of $15.46 billion for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. Research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 17th will be paid a dividend of $0.80 per share. The ex-dividend date is Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio is presently 135.02%.

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.