Sumitomo Mitsui Trust Holdings Inc. Sells 7,516 Shares of Capital One Financial Co. (NYSE:COF)

Sumitomo Mitsui Trust Holdings Inc. cut its holdings in Capital One Financial Co. (NYSE:COF) by 0.8% during the first quarter, Holdings Channel.com reports. The fund owned 982,454 shares of the financial services provider’s stock after selling 7,516 shares during the period. Sumitomo Mitsui Trust Holdings Inc.’s holdings in Capital One Financial were worth $146,278,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Householder Group Estate & Retirement Specialist LLC boosted its stake in Capital One Financial by 1,658.3% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 199 shares during the last quarter. Rise Advisors LLC bought a new position in Capital One Financial in the first quarter valued at approximately $33,000. Bartlett & Co. LLC boosted its position in shares of Capital One Financial by 726.7% during the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares in the last quarter. Bartlett & CO. Wealth Management LLC boosted its position in shares of Capital One Financial by 726.7% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its position in shares of Capital One Financial by 109.4% during the fourth quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 139 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

COF has been the topic of several research reports. BTIG Research started coverage on shares of Capital One Financial in a research report on Friday, June 7th. They issued a “neutral” rating on the stock. Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target on the stock in a research note on Thursday, April 4th. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their price target for the company from $145.00 to $165.00 in a research note on Thursday, June 6th. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $159.00 price target on shares of Capital One Financial in a research note on Wednesday, March 27th. Finally, Evercore ISI lowered their price target on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research note on Tuesday, June 25th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $141.20.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 16,913 shares of the business’s 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 sale, the insider now owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Timothy P. Golden sold 8,656 shares of the company’s 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 transaction, the insider now directly owns 10,246 shares in the company, valued at approximately $1,475,833.84. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Celia Karam sold 16,913 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the transaction, 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. Insiders own 1.30% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF stock traded down $0.32 during midday trading on Wednesday, hitting $140.16. 276,294 shares of the company were exchanged, compared to its average volume of 2,507,609. The firm has a market capitalization of $53.29 billion, a P/E ratio of 10.99, a PEG ratio of 1.09 and a beta of 1.46. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. The firm’s 50 day moving average price is $139.51 and its two-hundred day moving average price is $137.34. Capital One Financial Co. has a 52 week low of $88.23 and a 52 week high of $149.94.

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 company had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.35 billion. Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The business’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.31 EPS. As a group, equities research analysts anticipate that Capital One Financial Co. will post 13.31 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date was Friday, May 10th. Capital One Financial’s dividend payout ratio is currently 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.