GPS Wealth Strategies Group LLC Sells 4,409 Shares of Capital One Financial Corporation $COF

GPS Wealth Strategies Group LLC lessened its stake in shares of Capital One Financial Corporation (NYSE:COF) by 76.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,351 shares of the financial services provider’s stock after selling 4,409 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Capital One Financial were worth $327,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in COF. Brighton Jones LLC boosted its stake in shares of Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after acquiring an additional 10,428 shares in the last quarter. Intech Investment Management LLC boosted its stake in shares of Capital One Financial by 44.3% during the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after acquiring an additional 2,753 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Capital One Financial by 118.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock worth $702,000 after acquiring an additional 1,788 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Capital One Financial during the 2nd quarter valued at approximately $218,000. Finally, Jump Financial LLC bought a new stake in Capital One Financial during the 2nd quarter valued at approximately $1,086,000. Institutional investors own 89.84% of the company’s stock.

Insider Activity

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of the sale, the general counsel directly owned 97,194 shares of the company’s stock, valued at $17,876,892.42. This trade represents a 3.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 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 value of $314,052.12. Following the sale, the insider directly owned 65,454 shares of the company’s stock, valued at $12,148,916.94. This represents a 2.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 49,904 shares of company stock worth $9,528,159. 0.78% of the stock is currently owned by insiders.

Analyst Ratings Changes

COF has been the subject of several recent analyst reports. Rothschild & Co Redburn decreased their target price on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Barclays increased their target price on Capital One Financial from $226.00 to $250.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a research note on Friday, March 27th. Wells Fargo & Company reduced their price objective on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Finally, Evercore reduced their price objective on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a research report on Monday, April 6th. Seventeen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average target price of $258.75.

Capital One Financial Price Performance

Shares of COF stock opened at $187.80 on Friday. The stock has a 50 day moving average of $188.36 and a two-hundred day moving average of $210.48. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. Capital One Financial Corporation has a 12 month low of $174.98 and a 12 month high of $259.64. The company has a market capitalization of $116.87 billion, a P/E ratio of 65.90, a P/E/G ratio of 0.68 and a beta of 1.05.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The company had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. During the same period in the previous year, the company posted $4.06 earnings per share. The company’s quarterly revenue was up 52.3% on a year-over-year basis. As a group, equities analysts expect that Capital One Financial Corporation will post 19.17 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 19th will be issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 19th. Capital One Financial’s dividend payout ratio (DPR) is currently 112.28%.

Capital One Financial Company 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.