Farmers & Merchants Investments Inc. Sells 634 Shares of Capital One Financial Co. (NYSE:COF)

Farmers & Merchants Investments Inc. lessened its position in shares of Capital One Financial Co. (NYSE:COF) by 0.7% in the first quarter, HoldingsChannel.com reports. The fund owned 89,625 shares of the financial services provider’s stock after selling 634 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Capital One Financial were worth $13,344,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in COF. LPL Financial LLC increased its position in Capital One Financial by 4.9% during the 3rd quarter. LPL Financial LLC now owns 132,755 shares of the financial services provider’s stock worth $12,884,000 after purchasing an additional 6,191 shares in the last quarter. Bank of Nova Scotia increased its position in Capital One Financial by 0.8% during the 3rd quarter. Bank of Nova Scotia now owns 33,500 shares of the financial services provider’s stock worth $3,251,000 after purchasing an additional 260 shares in the last quarter. United Services Automobile Association acquired a new position in Capital One Financial during the 3rd quarter worth approximately $1,039,000. Quadrature Capital Ltd increased its position in Capital One Financial by 224.8% during the 3rd quarter. Quadrature Capital Ltd now owns 15,414 shares of the financial services provider’s stock worth $1,497,000 after purchasing an additional 10,669 shares in the last quarter. Finally, AQR Capital Management LLC increased its position in Capital One Financial by 48.3% during the 3rd quarter. AQR Capital Management LLC now owns 418,266 shares of the financial services provider’s stock worth $40,593,000 after purchasing an additional 136,224 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling

In other news, insider Celia Karam sold 16,913 shares of Capital One Financial stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the transaction, the insider now owns 47,081 shares in the company, valued at $6,726,933.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the completion of the sale, the insider now directly owns 10,246 shares in the company, valued at $1,475,833.84. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Celia Karam sold 16,913 shares of Capital One Financial stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the sale, the insider now owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of research analyst reports. Evercore ISI lowered their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research report on Tuesday, June 25th. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $159.00 price target on shares of Capital One Financial in a research report on Wednesday, March 27th. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and upped their price target for the company from $145.00 to $165.00 in a research report on Thursday, June 6th. Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target for the company in a research report on Thursday, April 4th. Finally, Wells Fargo & Company upped their price target on shares of Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Wednesday, April 10th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $141.20.

Capital One Financial Stock Down 0.2 %

Shares of Capital One Financial stock traded down $0.23 during trading hours on Tuesday, reaching $139.47. The company’s stock had a trading volume of 632,859 shares, compared to its average volume of 2,514,309. Capital One Financial Co. has a one year low of $88.23 and a one year high of $149.94. The company has a market capitalization of $53.03 billion, a P/E ratio of 10.94, a P/E/G ratio of 1.09 and a beta of 1.46. The stock’s fifty day simple moving average is $139.80 and its two-hundred day simple moving average is $137.19. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing the consensus estimate of $3.25 by ($0.04). The firm had revenue of $9.40 billion during the quarter, compared to analysts’ expectations of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.31 EPS. On average, research analysts forecast that Capital One Financial Co. will post 13.31 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were issued a dividend of $0.60 per share. The ex-dividend date was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a yield of 1.72%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Capital One Financial Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of 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.