Ignite Planners LLC Has $367,000 Stock Position in Capital One Financial Co. (NYSE:COF)

Ignite Planners LLC decreased its stake in Capital One Financial Co. (NYSE:COF) by 20.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,376 shares of the financial services provider’s stock after selling 843 shares during the quarter. Ignite Planners LLC’s holdings in Capital One Financial were worth $367,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of COF. Level Four Advisory Services LLC acquired a new stake in Capital One Financial in the 4th quarter valued at approximately $200,000. GSA Capital Partners LLP boosted its position in shares of Capital One Financial by 217.0% during the fourth quarter. GSA Capital Partners LLP now owns 5,896 shares of the financial services provider’s stock worth $855,000 after buying an additional 4,036 shares during the period. Blair William & Co. IL raised its holdings in Capital One Financial by 11.5% during the fourth quarter. Blair William & Co. IL now owns 25,785 shares of the financial services provider’s stock worth $3,741,000 after acquiring an additional 2,661 shares in the last quarter. Quantitative Investment Management LLC bought a new stake in Capital One Financial during the fourth quarter worth about $842,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in Capital One Financial in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 88.44% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE COF traded down $2.38 during mid-day trading on Friday, hitting $93.09. 65,358 shares of the stock traded hands, compared to its average volume of 2,434,489. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Co. has a twelve month low of $95.35 and a twelve month high of $174.65. The company has a market cap of $35.73 billion, a PE ratio of 4.19, a price-to-earnings-growth ratio of 0.29 and a beta of 1.42. The firm has a 50 day simple moving average of $108.03 and a two-hundred day simple moving average of $117.81.

Capital One Financial (NYSE:COFGet Rating) last released its quarterly earnings data on Thursday, July 21st. The financial services provider reported $4.96 earnings per share for the quarter, missing the consensus estimate of $5.11 by ($0.15). Capital One Financial had a net margin of 29.23% and a return on equity of 17.07%. During the same period last year, the company posted $7.71 EPS. As a group, equities research analysts forecast that Capital One Financial Co. will post 20.09 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 19th. Investors of record on Monday, August 8th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.58%. The ex-dividend date was Friday, August 5th. Capital One Financial’s dividend payout ratio is currently 10.54%.

Analyst Ratings Changes

Several analysts have issued reports on COF shares. Morgan Stanley dropped their price objective on Capital One Financial from $126.00 to $121.00 and set an “equal weight” rating on the stock in a research note on Friday, July 22nd. Piper Sandler lowered their target price on Capital One Financial to $125.00 in a research note on Friday, July 22nd. TheStreet lowered Capital One Financial from a “b” rating to a “c+” rating in a research note on Wednesday, June 29th. Barclays lowered their target price on Capital One Financial from $207.00 to $170.00 and set an “overweight” rating on the stock in a research note on Friday, July 22nd. Finally, Oppenheimer lowered Capital One Financial from an “outperform” rating to a “market perform” rating in a research note on Tuesday, July 12th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the company. According to MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and an average target price of $156.93.

Insider Buying and Selling

In related news, insider Mark Daniel Mouadeb sold 600 shares of the firm’s stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $100.94, for a total transaction of $60,564.00. Following the completion of the transaction, the insider now directly owns 12,243 shares of the company’s stock, valued at approximately $1,235,808.42. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CEO Richard D. Fairbank sold 12,538 shares of the firm’s stock in a transaction dated Monday, July 25th. The stock was sold at an average price of $108.79, for a total value of $1,364,009.02. Following the completion of the sale, the chief executive officer now directly owns 3,758,863 shares in the company, valued at approximately $408,926,705.77. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Mark Daniel Mouadeb sold 600 shares of the firm’s stock in a transaction dated Thursday, September 15th. The shares were sold at an average price of $100.94, for a total value of $60,564.00. Following the completion of the sale, the insider now owns 12,243 shares of the company’s stock, valued at $1,235,808.42. The disclosure for this sale can be found here. Insiders sold a total of 78,928 shares of company stock valued at $8,506,721 in the last three months. Insiders own 1.27% of the company’s stock.

Capital One Financial Profile

(Get Rating)

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.

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

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