Dakota Wealth Management Sells 691 Shares of Capital One Financial Co. (NYSE:COF)

Dakota Wealth Management decreased its stake in shares of Capital One Financial Co. (NYSE:COF) by 1.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,517 shares of the financial services provider’s stock after selling 691 shares during the quarter. Dakota Wealth Management’s holdings in Capital One Financial were worth $8,652,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. bought a new stake in Capital One Financial during the 4th quarter valued at about $32,000. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial in the 3rd quarter valued at about $36,000. Creative Financial Designs Inc. ADV raised its holdings in shares of Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares in the last quarter. Eastern Bank bought a new stake in shares of Capital One Financial in the 3rd quarter valued at about $44,000. Finally, Prospera Private Wealth LLC bought a new stake in shares of Capital One Financial in the 3rd quarter valued at about $47,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

COF opened at $193.42 on Wednesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a fifty day moving average price of $183.84 and a 200 day moving average price of $160.98. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $198.30. The stock has a market cap of $73.74 billion, a P/E ratio of 18.26, a P/E/G ratio of 1.23 and a beta of 1.46.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10,220,675.12 billion. During the same period in the previous year, the business posted $2.81 EPS. The business’s revenue was up 7.2% compared to the same quarter last year. Equities research analysts anticipate that Capital One Financial Co. will post 13.53 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio is presently 22.66%.

Insiders Place Their Bets

In other news, insider Kara West sold 721 shares of the stock in a transaction dated 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 sale, the insider now directly owns 12,929 shares in the company, valued at $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,256 shares of company stock worth $2,462,487. Company insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. Evercore ISI lifted their price objective 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. Truist Financial assumed coverage on shares of Capital One Financial in a research report on Tuesday, January 7th. They issued a “buy” rating and a $229.00 price objective on the stock. Finally, Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Ten investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $188.06.

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.