Capital One Financial Co. (NYSE:COF) Shares Sold by CKW Financial Group

CKW Financial Group lowered its stake in Capital One Financial Co. (NYSE:COF) by 30.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 950 shares of the financial services provider’s stock after selling 425 shares during the period. CKW Financial Group’s holdings in Capital One Financial were worth $169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in COF. Pacer Advisors Inc. grew its stake in shares of Capital One Financial by 51.1% during the fourth quarter. Pacer Advisors Inc. now owns 43,107 shares of the financial services provider’s stock worth $7,687,000 after purchasing an additional 14,570 shares in the last quarter. Cornerstone Wealth Group LLC purchased a new position in shares of Capital One Financial in the 4th quarter valued at about $216,000. KBC Group NV raised its position in shares of Capital One Financial by 282.2% during the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock worth $111,177,000 after acquiring an additional 460,339 shares in the last quarter. Blue Trust Inc. lifted its stake in Capital One Financial by 37.1% during the fourth quarter. Blue Trust Inc. now owns 4,495 shares of the financial services provider’s stock worth $802,000 after purchasing an additional 1,217 shares during the last quarter. Finally, Stablepoint Partners LLC increased its stake in Capital One Financial by 0.6% in the fourth quarter. Stablepoint Partners LLC now owns 39,416 shares of the financial services provider’s stock valued at $7,029,000 after purchasing an additional 238 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 0.3 %

Capital One Financial stock opened at $203.32 on Monday. The stock’s 50 day moving average price is $185.08 and its 200 day moving average price is $162.79. The company has a market cap of $77.51 billion, a PE ratio of 17.54, a price-to-earnings-growth ratio of 1.29 and a beta of 1.46. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 1.00. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $207.24.

Capital One Financial (NYSE:COF) last posted its quarterly 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 net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10,220,675.12 billion. During the same period in the prior year, the company posted $2.81 EPS. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, sell-side analysts predict that Capital One Financial Co. will post 15.22 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared 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. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Royal Bank of Canada upped their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. Robert W. Baird raised 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. The Goldman Sachs Group boosted their target price on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Barclays raised their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Finally, Wells Fargo & Company boosted their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $190.47.

Insider Buying and Selling

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the sale, the insider now directly owns 19,776 shares in the company, valued at $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the firm’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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,256 shares of company stock worth $2,462,487 in the last quarter. Company insiders own 1.30% of the company’s stock.

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.