Legacy Private Trust Co. Sells 5,375 Shares of Capital One Financial Co. (NYSE:COF)

Legacy Private Trust Co. decreased its holdings in Capital One Financial Co. (NYSE:COF) by 49.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,452 shares of the financial services provider’s stock after selling 5,375 shares during the period. Legacy Private Trust Co.’s holdings in Capital One Financial were worth $596,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Grey Fox Wealth Advisors LLC grew its stake in shares of Capital One Financial by 75.6% in the first quarter. Grey Fox Wealth Advisors LLC now owns 295 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 127 shares during the period. MV Capital Management Inc. grew its stake in shares of Capital One Financial by 122.2% in the first quarter. MV Capital Management Inc. now owns 300 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 165 shares during the period. America First Investment Advisors LLC bought a new stake in shares of Capital One Financial in the first quarter worth approximately $31,000. Column Capital Advisors LLC grew its holdings in shares of Capital One Financial by 73.5% in the first quarter. Column Capital Advisors LLC now owns 354 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 150 shares during the period. Finally, Neo Ivy Capital Management bought a new stake in shares of Capital One Financial in the second quarter worth $37,000. Institutional investors own 90.09% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on COF. StockNews.com began coverage on Capital One Financial in a report on Thursday, August 17th. They issued a “hold” rating for the company. Stephens boosted their target price on shares of Capital One Financial from $80.00 to $87.00 in a research report on Friday, July 21st. Morgan Stanley boosted their target price on shares of Capital One Financial from $86.00 to $92.00 and gave the company an “underweight” rating in a research report on Friday, July 21st. Citigroup boosted their target price on shares of Capital One Financial from $124.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, July 21st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $102.00 to $112.00 in a research report on Monday, June 26th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $109.09.

Insider Buying and Selling at Capital One Financial

In other news, insider Mark Daniel Mouadeb sold 903 shares of the stock in a transaction that occurred on Tuesday, July 18th. The stock was sold at an average price of $115.00, for a total transaction of $103,845.00. Following the completion of the transaction, the insider now directly owns 15,493 shares in the company, valued at approximately $1,781,695. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Richard D. Fairbank sold 3,891 shares of the firm’s stock in a transaction on Tuesday, July 25th. The stock was sold at an average price of $117.34, for a total value of $456,569.94. Following the completion of the sale, the chief executive officer now directly owns 3,848,406 shares in the company, valued at $451,571,960.04. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Mark Daniel Mouadeb sold 903 shares of the firm’s stock in a transaction on Tuesday, July 18th. The stock was sold at an average price of $115.00, for a total value of $103,845.00. Following the completion of the sale, the insider now owns 15,493 shares of the company’s stock, valued at $1,781,695. The disclosure for this sale can be found here. Insiders sold 34,286 shares of company stock valued at $3,902,710 in the last 90 days. Insiders own 1.27% of the company’s stock.

Capital One Financial Price Performance

COF stock opened at $104.46 on Friday. The company has a market capitalization of $39.85 billion, a PE ratio of 8.00, a price-to-earnings-growth ratio of 1.95 and a beta of 1.47. The company’s fifty day moving average price is $108.40 and its 200-day moving average price is $102.96. Capital One Financial Co. has a one year low of $83.93 and a one year high of $123.09. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.99 and a current ratio of 0.99.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, July 20th. The financial services provider reported $3.52 EPS for the quarter, beating the consensus estimate of $3.31 by $0.21. Capital One Financial had a net margin of 11.94% and a return on equity of 9.72%. The business had revenue of $9.01 billion during the quarter, compared to the consensus estimate of $9.13 billion. During the same quarter in the prior year, the firm earned $4.96 EPS. The business’s revenue was up 9.5% on a year-over-year basis. On average, equities analysts anticipate that Capital One Financial Co. will post 11.56 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 18th. Shareholders of record on Monday, August 7th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.30%. The ex-dividend date of this dividend was Friday, August 4th. Capital One Financial’s dividend payout ratio (DPR) is presently 18.38%.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides 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.