Capital One Financial Co. (NYSE:COF) Stock Holdings Decreased by Palmer Knight Co

Palmer Knight Co cut its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 16.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 49,272 shares of the financial services provider's stock after selling 9,786 shares during the period. Capital One Financial accounts for 3.9% of Palmer Knight Co's portfolio, making the stock its 8th biggest position. Palmer Knight Co's holdings in Capital One Financial were worth $8,786,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in COF. Asset Management One Co. Ltd. raised its position in shares of Capital One Financial by 5.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider's stock worth $21,976,000 after acquiring an additional 7,331 shares in the last quarter. Principal Financial Group Inc. grew its stake in Capital One Financial by 4.3% in the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider's stock worth $64,482,000 after purchasing an additional 17,825 shares during the period. CWA Asset Management Group LLC bought a new position in Capital One Financial in the third quarter worth $1,649,000. Catalina Capital Group LLC lifted its position in Capital One Financial by 8.1% during the third quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider's stock valued at $241,000 after buying an additional 121 shares during the period. Finally, Dai ichi Life Insurance Company Ltd boosted its holdings in shares of Capital One Financial by 36.8% during the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider's stock valued at $1,671,000 after buying an additional 3,000 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Insiders Place Their Bets

In related news, insider Michael Zamsky sold 10,541 shares of the company's stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares of the company's stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kara West sold 721 shares of the company's stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares of the company's stock, valued at $2,388,374.17. This represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,256 shares of company stock valued at $2,462,487. Insiders own 1.30% of the company's stock.

Capital One Financial Price Performance

Shares of Capital One Financial stock traded down $0.61 during trading hours on Friday, reaching $204.02. 2,750,880 shares of the company's stock were exchanged, compared to its average volume of 3,507,223. The business has a fifty day moving average of $186.82 and a two-hundred day moving average of $164.25. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $77.78 billion, a P/E ratio of 17.60, a price-to-earnings-growth ratio of 1.25 and a beta of 1.46. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $208.63.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts' consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Capital One Financial's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.81 EPS. As a group, research analysts predict that Capital One Financial Co. will post 15.4 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date was Thursday, November 14th. Capital One Financial's dividend payout ratio (DPR) is currently 20.71%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Barclays increased their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 22nd. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and raised their target price for the company from $168.00 to $235.00 in a research note on Monday, January 13th. JPMorgan Chase & Co. boosted their price target on Capital One Financial from $162.00 to $186.00 and gave the stock a "neutral" rating in a research report on Monday, December 9th. Robert W. Baird upped their price target on Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a research note on Friday, October 25th. Finally, Royal Bank of Canada lifted their price objective on Capital One Financial from $190.00 to $200.00 and gave the company a "sector perform" rating in a research note on Wednesday, January 22nd. Nine analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and an average price target of $196.31.

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.