Morningstar Investment Services LLC Sells 5,690 Shares of Capital One Financial Corp. (NYSE:COF)

Morningstar Investment Services LLC trimmed its holdings in shares of Capital One Financial Corp. (NYSE:COF) by 7.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,851 shares of the financial services provider’s stock after selling 5,690 shares during the period. Morningstar Investment Services LLC’s holdings in Capital One Financial were worth $4,544,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of COF. Pacifica Partners Inc. acquired a new stake in Capital One Financial in the 2nd quarter worth approximately $43,000. Ellevest Inc. raised its position in Capital One Financial by 94.8% during the 1st quarter. Ellevest Inc. now owns 711 shares of the financial services provider’s stock worth $36,000 after buying an additional 346 shares during the last quarter. Westside Investment Management Inc. purchased a new position in Capital One Financial during the 1st quarter worth approximately $40,000. Campbell Wealth Management purchased a new position in Capital One Financial during the 2nd quarter worth approximately $61,000. Finally, EPG Wealth Management LLC raised its position in Capital One Financial by 49.2% during the 1st quarter. EPG Wealth Management LLC now owns 1,104 shares of the financial services provider’s stock worth $56,000 after buying an additional 364 shares during the last quarter. Institutional investors own 89.08% of the company’s stock.

In other Capital One Financial news, insider Timothy P. Golden sold 3,334 shares of Capital One Financial stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $57.63, for a total transaction of $192,138.42. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.47% of the company’s stock.

NYSE COF traded down $1.04 on Friday, hitting $63.80. The company had a trading volume of 1,992,527 shares, compared to its average volume of 3,410,698. The company has a market capitalization of $29.05 billion, a PE ratio of -172.43 and a beta of 1.75. The company’s fifty day moving average price is $64.43 and its 200-day moving average price is $72.37. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.96 and a quick ratio of 0.96. Capital One Financial Corp. has a 12-month low of $38.00 and a 12-month high of $107.59.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported ($2.21) EPS for the quarter, missing the consensus estimate of ($1.25) by ($0.96). The company had revenue of $6.56 billion during the quarter, compared to analysts’ expectations of $6.88 billion. Capital One Financial had a return on equity of 1.67% and a net margin of 0.74%. During the same period in the previous year, the firm posted $3.24 EPS. On average, sell-side analysts anticipate that Capital One Financial Corp. will post -2.26 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Monday, August 10th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.63%. The ex-dividend date of this dividend is Friday, August 7th. Capital One Financial’s payout ratio is presently 13.23%.

A number of equities analysts have issued reports on the stock. Oppenheimer raised their price target on shares of Capital One Financial from $63.00 to $69.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Zacks Investment Research raised shares of Capital One Financial from a “sell” rating to a “hold” rating and set a $69.00 price target for the company in a research report on Wednesday, May 27th. Wolfe Research assumed coverage on shares of Capital One Financial in a research report on Friday. They set an “outperform” rating for the company. Barclays reissued a “buy” rating and set a $93.00 price target on shares of Capital One Financial in a research report on Thursday, April 9th. Finally, UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the company from $54.00 to $105.00 in a report on Monday, June 22nd. Five equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Capital One Financial currently has a consensus rating of “Buy” and a consensus target price of $85.47.

About Capital One Financial

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.

Read More: What is a management fee?

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

Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.