Ceredex Value Advisors LLC Sells 31,050 Shares of Capital One Financial Corporation $COF

Ceredex Value Advisors LLC decreased its position in Capital One Financial Corporation (NYSE:COF) by 13.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 191,577 shares of the financial services provider’s stock after selling 31,050 shares during the quarter. Ceredex Value Advisors LLC’s holdings in Capital One Financial were worth $40,725,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of COF. Howard Hughes Medical Institute purchased a new position in Capital One Financial in the second quarter valued at about $29,000. WFA of San Diego LLC bought a new position in shares of Capital One Financial during the 2nd quarter worth $32,000. Crowley Wealth Management Inc. bought a new stake in Capital One Financial in the 3rd quarter valued at about $33,000. Wolff Wiese Magana LLC lifted its holdings in Capital One Financial by 41.3% during the third quarter. Wolff Wiese Magana LLC now owns 195 shares of the financial services provider’s stock valued at $41,000 after purchasing an additional 57 shares during the last quarter. Finally, Bell Investment Advisors Inc boosted its position in Capital One Financial by 86.9% during the second quarter. Bell Investment Advisors Inc now owns 200 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 93 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Down 1.3%

Shares of NYSE COF opened at $185.25 on Tuesday. The stock has a market capitalization of $115.21 billion, a P/E ratio of 62.58, a PEG ratio of 0.56 and a beta of 1.14. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $259.64. The firm’s 50 day simple moving average is $220.67 and its two-hundred day simple moving average is $222.02. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The business’s quarterly revenue was up 53.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.67 earnings per share. As a group, analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were issued a $0.80 dividend. The ex-dividend date was Thursday, February 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. Capital One Financial’s payout ratio is currently 108.11%.

Insider Buying and Selling

In other news, insider Jason P. Hanson sold 3,729 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total value of $764,445.00. Following the completion of the sale, the insider owned 40,230 shares of the company’s stock, valued at approximately $8,247,150. The trade was a 8.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Neal Blinde sold 38,135 shares of the stock in a transaction dated 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 sale, the insider owned 33,551 shares of the company’s stock, valued at $6,391,801.01. This represents a 53.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 67,933 shares of company stock worth $14,363,897 in the last 90 days. 1.26% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Keefe, Bruyette & Woods boosted their price target on shares of Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research note on Monday, December 29th. Wall Street Zen downgraded Capital One Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. BTIG Research cut their price target on Capital One Financial from $308.00 to $270.00 and set a “buy” rating for the company in a report on Friday, January 23rd. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $300.00 price objective on shares of Capital One Financial in a report on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $274.70.

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.