Sanibel Captiva Trust Company Inc. cut its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 23.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,059 shares of the financial services provider's stock after selling 2,411 shares during the period. Sanibel Captiva Trust Company Inc.'s holdings in Capital One Financial were worth $1,437,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. State Street Corp lifted its stake in Capital One Financial by 0.5% in the 3rd quarter. State Street Corp now owns 16,506,861 shares of the financial services provider's stock worth $2,471,572,000 after purchasing an additional 74,784 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Capital One Financial by 2.8% in the third quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider's stock worth $1,649,488,000 after buying an additional 280,462 shares in the last quarter. Fisher Asset Management LLC boosted its stake in Capital One Financial by 0.7% during the third 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 buying an additional 72,097 shares during the period. Geode Capital Management LLC grew its position in Capital One Financial by 2.0% during the third quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider's stock worth $1,198,664,000 after buying an additional 159,616 shares in the last quarter. Finally, FMR LLC increased its stake in Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider's stock worth $994,350,000 after acquiring an additional 1,169,395 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.
Capital One Financial Trading Up 1.4 %
NYSE:COF traded up $2.72 during midday trading on Friday, reaching $191.16. 3,723,831 shares of the stock traded hands, compared to its average volume of 1,937,967. The stock has a market capitalization of $72.88 billion, a P/E ratio of 18.05, a PEG ratio of 1.12 and a beta of 1.46. Capital One Financial Co. has a 12 month low of $123.23 and a 12 month high of $198.30. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The company has a fifty day moving average of $183.82 and a 200 day moving average of $160.45.
Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping analysts' consensus estimates of $3.70 by $0.81. The company had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. Capital One Financial's revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the business posted $4.45 earnings per share. On average, research analysts predict that Capital One Financial Co. will post 13.41 EPS for the current year.
Capital One Financial Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.26%. Capital One Financial's dividend payout ratio is presently 22.66%.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a research report on Friday, January 3rd. Barclays upgraded shares of Capital One Financial from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $158.00 to $219.00 in a research report on Monday, January 6th. The Goldman Sachs Group increased their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. Evercore ISI upped their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an "in-line" rating in a research report on Wednesday, October 30th. Finally, HSBC raised Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 target price on the stock in a research note on Tuesday, January 14th. Ten research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of "Hold" and an average price target of $188.06.
View Our Latest Research Report on Capital One Financial
Insider Buying and Selling
In other Capital One Financial 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 transaction of $2,005,530.66. Following the transaction, the insider now owns 26,482 shares in the company, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kara West sold 721 shares of the firm's stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares of the company's stock, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,256 shares of company stock valued at $2,462,487 over the last quarter. 1.30% of the stock is owned by company insiders.
Capital One Financial Profile
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Free Report)
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.
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