MASTERINVEST Kapitalanlage GmbH Cuts Stock Holdings in Capital One Financial Corporation $COF

MASTERINVEST Kapitalanlage GmbH decreased its position in Capital One Financial Corporation (NYSE:COF) by 50.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 7,355 shares of the financial services provider’s stock after selling 7,552 shares during the quarter. MASTERINVEST Kapitalanlage GmbH’s holdings in Capital One Financial were worth $1,342,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in COF. Evolution Wealth Management Inc. grew its position in Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 90 shares in the last quarter. VSM Wealth Advisory LLC bought a new position in shares of Capital One Financial during the 4th quarter worth approximately $27,000. Cherry Tree Wealth Management LLC lifted its position in shares of Capital One Financial by 1,312.5% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after buying an additional 105 shares in the last quarter. Osterweis Capital Management Inc. purchased a new position in shares of Capital One Financial in the 4th quarter worth approximately $29,000. Finally, CrossGen Wealth LLC purchased a new position in shares of Capital One Financial in the 4th quarter worth approximately $30,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Trading Up 1.8%

Shares of COF stock opened at $209.02 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46. The firm has a market cap of $130.07 billion, a P/E ratio of 73.34, a PEG ratio of 0.74 and a beta of 1.02. The company has a 50 day moving average of $192.71 and a 200-day moving average of $202.21. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The firm had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $15.68 billion. During the same quarter in the previous year, the company posted $4.06 EPS. Capital One Financial’s revenue for the quarter was up 52.3% on a year-over-year basis. Sell-side analysts anticipate that Capital One Financial Corporation will post 19.54 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, May 19th. Capital One Financial’s dividend payout ratio is currently 112.28%.

Insiders Place Their Bets

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of the stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $208.00, for a total transaction of $728,000.00. Following the completion of the transaction, the general counsel owned 90,194 shares in the company, valued at approximately $18,760,352. This represents a 3.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the sale, the insider owned 61,579 shares in the company, valued at $11,858,883.82. This represents a 2.76% 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. Insiders have sold a total of 8,749 shares of company stock worth $1,708,577 in the last ninety days. Insiders own 0.78% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on COF. Barclays set a $242.00 price target on Capital One Financial in a research report on Tuesday, July 7th. Argus cut their price objective on Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. UBS Group upped their price objective on Capital One Financial from $270.00 to $275.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft decreased their target price on Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. Finally, HSBC upgraded Capital One Financial from a “hold” rating to a “buy” rating and lifted their target price for the stock from $226.00 to $229.00 in a research note on Sunday. Twenty research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $259.91.

About Capital One Financial

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.