Mitchell Mcleod Pugh & Williams Inc. grew its position in Capital One Financial Co. (NYSE:COF) by 16.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,865 shares of the financial services provider’s stock after buying an additional 270 shares during the quarter. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Capital One Financial were worth $333,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. UMB Bank n.a. boosted its position in shares of Capital One Financial by 4.3% in the fourth quarter. UMB Bank n.a. now owns 3,721 shares of the financial services provider’s stock worth $664,000 after buying an additional 154 shares during the period. Strong Tower Advisory Services increased its holdings in shares of Capital One Financial by 0.3% in the 4th quarter. Strong Tower Advisory Services now owns 36,858 shares of the financial services provider’s stock valued at $6,573,000 after purchasing an additional 109 shares during the period. Diversify Wealth Management LLC purchased a new stake in shares of Capital One Financial in the fourth quarter worth approximately $218,000. LVW Advisors LLC acquired a new stake in shares of Capital One Financial during the fourth quarter worth approximately $247,000. Finally, City Holding Co. lifted its position in Capital One Financial by 1.3% in the 4th quarter. City Holding Co. now owns 5,010 shares of the financial services provider’s stock worth $893,000 after buying an additional 65 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Capital One Financial
In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s 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 transaction, the insider now directly owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 sale, the insider now directly 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. Over the last 90 days, insiders sold 13,256 shares of company stock valued at $2,462,487. 1.30% of the stock is currently owned by corporate insiders.
Capital One Financial Trading Up 1.4 %
Capital One Financial (NYSE:COF – Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. During the same period in the prior year, the firm earned $4.45 earnings per share. Capital One Financial’s revenue for the quarter was up 6.8% compared to the same quarter last year. As a group, research analysts anticipate that Capital One Financial Co. will post 13.41 EPS for the current fiscal year.
Capital One Financial Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were paid a dividend of $0.60 per share. 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 (DPR) is currently 22.66%.
Analyst Ratings Changes
A number of research firms recently issued reports on COF. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a research report on Tuesday, January 14th. Robert W. Baird increased their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Royal Bank of Canada increased their price target on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Finally, Barclays raised shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $158.00 to $219.00 in a research note on Monday, January 6th. Ten investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $188.06.
View Our Latest Stock Report on Capital One Financial
About Capital One Financial
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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