Trust Co. of Vermont Sells 320 Shares of Capital One Financial Co. (NYSE:COF)

Trust Co. of Vermont decreased its position in shares of Capital One Financial Co. (NYSE:COF) by 1.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,159 shares of the financial services provider’s stock after selling 320 shares during the quarter. Trust Co. of Vermont’s holdings in Capital One Financial were worth $2,514,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Cantor Fitzgerald Investment Advisors L.P. bought a new position in Capital One Financial during the 4th quarter worth approximately $2,299,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in shares of Capital One Financial by 21.4% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock valued at $4,093,000 after acquiring an additional 4,840 shares in the last quarter. Twin Tree Management LP increased its stake in shares of Capital One Financial by 5.6% in the 1st quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock valued at $10,200,000 after acquiring an additional 3,609 shares in the last quarter. Montag A & Associates Inc. increased its stake in shares of Capital One Financial by 42,536.0% in the 4th quarter. Montag A & Associates Inc. now owns 21,318 shares of the financial services provider’s stock valued at $2,795,000 after acquiring an additional 21,268 shares in the last quarter. Finally, First Trust Direct Indexing L.P. increased its stake in shares of Capital One Financial by 14.3% in the 4th quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock valued at $1,667,000 after acquiring an additional 1,588 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In related news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the sale, the insider now directly owns 47,081 shares in the company, valued at approximately $6,726,933.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the sale, the insider now directly owns 73,734 shares in the company, valued at $11,060,100. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Celia Karam sold 16,913 shares of the company’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 sale, the insider now owns 47,081 shares in the company, valued at $6,726,933.28. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Bank of America lifted their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. BTIG Research started coverage on shares of Capital One Financial in a research note on Friday, June 7th. They set a “neutral” rating for the company. Evercore ISI decreased their price target on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and boosted their price target for the company from $145.00 to $165.00 in a research note on Thursday, June 6th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, July 8th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $145.89.

Capital One Financial Stock Performance

Shares of NYSE:COF traded up $2.27 during midday trading on Tuesday, reaching $133.69. The company had a trading volume of 2,777,315 shares, compared to its average volume of 2,563,157. The company’s 50 day moving average price is $139.96 and its 200 day moving average price is $139.60. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. The stock has a market cap of $50.83 billion, a P/E ratio of 10.47, a P/E/G ratio of 1.13 and a beta of 1.45. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $153.35.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The company had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.57 billion. During the same period last year, the firm posted $3.52 earnings per share. Capital One Financial’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Capital One Financial Co. will post 13.17 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Monday, August 12th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date of this dividend is Monday, August 12th. Capital One Financial’s dividend payout ratio is currently 18.79%.

Capital One Financial Company 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.