Whitener Capital Management Inc. Sells 200 Shares of Capital One Financial Co. (NYSE:COF)

Whitener Capital Management Inc. cut its stake in shares of Capital One Financial Co. (NYSE:COF) by 3.1% during the 4th quarter, HoldingsChannel reports. The firm owned 6,179 shares of the financial services provider’s stock after selling 200 shares during the period. Whitener Capital Management Inc.’s holdings in Capital One Financial were worth $1,102,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Merit Financial Group LLC grew its holdings in shares of Capital One Financial by 39.2% during the 4th quarter. Merit Financial Group LLC now owns 3,935 shares of the financial services provider’s stock valued at $702,000 after purchasing an additional 1,109 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in Capital One Financial during the 4th quarter worth approximately $232,000. Avanza Fonder AB acquired a new stake in Capital One Financial during the 4th quarter worth approximately $5,340,000. Procyon Advisors LLC boosted its position in Capital One Financial by 8.9% during the 4th quarter. Procyon Advisors LLC now owns 21,112 shares of the financial services provider’s stock worth $3,765,000 after buying an additional 1,729 shares during the period. Finally, Hennessy Advisors Inc. boosted its position in Capital One Financial by 45.5% during the 4th quarter. Hennessy Advisors Inc. now owns 8,000 shares of the financial services provider’s stock worth $1,427,000 after buying an additional 2,500 shares during the period. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Performance

COF opened at $191.16 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The company’s fifty day moving average price is $183.71 and its two-hundred day moving average price is $159.96. The company has a market cap of $72.88 billion, a price-to-earnings ratio of 18.05, a PEG ratio of 1.12 and a beta of 1.46. Capital One Financial Co. has a 1-year low of $123.23 and a 1-year high of $198.30.

Capital One Financial (NYSE:COF) 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. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the prior year, the business posted $4.45 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. On average, analysts expect that Capital One Financial Co. will post 13.41 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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 $0.60 dividend. The ex-dividend date 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 Analyst Weigh In

Several equities research analysts recently commented on COF shares. Evercore ISI lifted 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. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a research report on Tuesday. Wells Fargo & Company lifted their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Ten research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Capital One Financial currently has an average rating of “Hold” and an average target price of $188.06.

Insider Buying and Selling

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the sale, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,256 shares of company stock worth $2,462,487 in the last quarter. Insiders own 1.30% of the company’s stock.

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.