OLD Point Trust & Financial Services N A Sells 2,000 Shares of Capital One Financial Co. (NYSE:COF)

OLD Point Trust & Financial Services N A reduced its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 85.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 344 shares of the financial services provider's stock after selling 2,000 shares during the quarter. OLD Point Trust & Financial Services N A's holdings in Capital One Financial were worth $61,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Principal Financial Group Inc. increased its position in shares of Capital One Financial by 4.3% during the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider's stock valued at $64,482,000 after purchasing an additional 17,825 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in Capital One Financial by 4.5% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider's stock worth $8,234,000 after acquiring an additional 2,006 shares during the period. Dai ichi Life Insurance Company Ltd raised its position in Capital One Financial by 36.8% in the third quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider's stock worth $1,671,000 after acquiring an additional 3,000 shares in the last quarter. Artemis Investment Management LLP acquired a new stake in Capital One Financial in the 4th quarter valued at about $46,915,000. Finally, Fisher Asset Management LLC boosted its position in shares of Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider's stock valued at $1,451,527,000 after purchasing an additional 72,097 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

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Capital One Financial Stock Up 3.7 %

Shares of COF traded up $6.47 during mid-day trading on Monday, hitting $181.29. 3,801,310 shares of the company's stock were exchanged, compared to its average volume of 2,732,457. 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 stock has a market cap of $69.13 billion, a price-to-earnings ratio of 15.64, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The firm has a fifty day moving average of $191.52 and a two-hundred day moving average of $176.81.

Capital One Financial (NYSE:COF - Get Free Report) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping analysts' consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the business earned $2.81 earnings per share. The firm's revenue for the quarter was up 7.2% compared to the same quarter last year. On average, sell-side analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is 20.71%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wells Fargo & Company raised their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an "overweight" rating in a report on Friday, January 3rd. Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 14th. Evercore ISI raised Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price for the company in a report on Wednesday, March 12th. UBS Group raised Capital One Financial from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Finally, Royal Bank of Canada upped their price objective on shares of 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. Five analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $206.53.

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.