Achmea Investment Management BV Sells 28792 Shares of Capital One Financial Corp. (COF)

Achmea Investment Management B.V. lowered its stake in Capital One Financial Corp. (NYSE:COF) by 61.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,199 shares of the financial services provider’s stock after selling 28,792 shares during the quarter. Achmea Investment Management B.V.’s holdings in Capital One Financial were worth $1,742,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of COF. Lido Advisors LLC grew its stake in Capital One Financial by 21.7% during the 4th quarter. Lido Advisors LLC now owns 2,896 shares of the financial services provider’s stock valued at $288,000 after purchasing an additional 516 shares in the last quarter. American Assets Investment Management LLC grew its stake in Capital One Financial by 1.0% during the 1st quarter. American Assets Investment Management LLC now owns 58,670 shares of the financial services provider’s stock valued at $5,622,000 after purchasing an additional 570 shares in the last quarter. Sentinel Trust Co. LBA grew its stake in Capital One Financial by 1.2% during the 4th quarter. Sentinel Trust Co. LBA now owns 49,167 shares of the financial services provider’s stock valued at $4,896,000 after purchasing an additional 580 shares in the last quarter. Psagot Investment House Ltd. grew its stake in Capital One Financial by 98.3% during the 1st quarter. Psagot Investment House Ltd. now owns 1,190 shares of the financial services provider’s stock valued at $114,000 after purchasing an additional 590 shares in the last quarter. Finally, Dowling & Yahnke LLC grew its stake in Capital One Financial by 6.2% during the 1st quarter. Dowling & Yahnke LLC now owns 10,456 shares of the financial services provider’s stock valued at $1,002,000 after purchasing an additional 610 shares in the last quarter. Institutional investors and hedge funds own 88.82% of the company’s stock.

Shares of Capital One Financial opened at $96.01 on Thursday, according to MarketBeat.com. The company has a market capitalization of $46.82 billion, a P/E ratio of 12.32, a P/E/G ratio of 0.90 and a beta of 1.31. Capital One Financial Corp. has a 12-month low of $76.98 and a 12-month high of $106.50. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.02 and a current ratio of 1.02.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, April 24th. The financial services provider reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.34 by $0.31. The business had revenue of $6.90 million for the quarter, compared to the consensus estimate of $6.93 billion. Capital One Financial had a return on equity of 9.23% and a net margin of 8.38%. The business’s revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the business posted $1.75 EPS. research analysts forecast that Capital One Financial Corp. will post 10.07 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, May 24th. Investors of record on Monday, May 14th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.67%. The ex-dividend date was Friday, May 11th. Capital One Financial’s dividend payout ratio (DPR) is 20.54%.

A number of brokerages have weighed in on COF. Oppenheimer restated a “hold” rating on shares of Capital One Financial in a research note on Tuesday, April 24th. Robert W. Baird restated a “hold” rating on shares of Capital One Financial in a research note on Wednesday, April 25th. Morgan Stanley lowered their price objective on Capital One Financial from $111.00 to $104.00 and set an “equal weight” rating for the company in a research note on Monday, April 30th. BMO Capital Markets lowered their price objective on Capital One Financial from $140.00 to $133.00 and set an “outperform” rating for the company in a research note on Wednesday, April 25th. They noted that the move was a valuation call. Finally, ValuEngine lowered Capital One Financial from a “buy” rating to a “hold” rating in a research note on Thursday, April 26th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $108.52.

In other Capital One Financial news, insider Jory A. Berson sold 18,909 shares of Capital One Financial stock in a transaction on Thursday, June 7th. The stock was sold at an average price of $97.09, for a total transaction of $1,835,874.81. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Bradford H. Warner sold 3,000 shares of Capital One Financial stock in a transaction on Monday, April 2nd. The shares were sold at an average price of $95.05, for a total value of $285,150.00. The disclosure for this sale can be found here. In the last three months, insiders sold 297,072 shares of company stock worth $27,791,398. Company insiders own 1.40% of the company’s stock.

Capital One Financial Profile

Capital One Financial Corporation operates as the bank 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, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)



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