Stock Yards Bank & Trust Co. Sells 470 Shares of Capital One Financial Co. (NYSE:COF)

Stock Yards Bank & Trust Co. reduced its stake in Capital One Financial Co. (NYSE:COF) by 22.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,660 shares of the financial services provider’s stock after selling 470 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Capital One Financial were worth $296,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. CENTRAL TRUST Co boosted its holdings in shares of Capital One Financial by 15.9% in the fourth quarter. CENTRAL TRUST Co now owns 3,812 shares of the financial services provider’s stock worth $680,000 after acquiring an additional 522 shares during the period. Western Pacific Wealth Management LP boosted its stake in Capital One Financial by 28.8% during the fourth quarter. Western Pacific Wealth Management LP now owns 3,420 shares of the financial services provider’s stock valued at $610,000 after buying an additional 765 shares during the period. Greenleaf Trust boosted its stake in Capital One Financial by 1.9% during the fourth quarter. Greenleaf Trust now owns 10,688 shares of the financial services provider’s stock valued at $1,906,000 after buying an additional 203 shares during the period. Golden State Equity Partners boosted its stake in Capital One Financial by 110.0% during the fourth quarter. Golden State Equity Partners now owns 2,772 shares of the financial services provider’s stock valued at $494,000 after buying an additional 1,452 shares during the period. Finally, Spire Wealth Management boosted its stake in Capital One Financial by 14.7% during the fourth quarter. Spire Wealth Management now owns 5,609 shares of the financial services provider’s stock valued at $1,000,000 after buying an additional 717 shares during the period. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Down 0.4 %

COF opened at $200.15 on Wednesday. The company has a market cap of $76.30 billion, a P/E ratio of 17.27, a P/E/G ratio of 1.24 and a beta of 1.47. The business’s 50-day moving average price is $187.34 and its 200-day moving average price is $165.25. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $208.63.

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, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $2.81 earnings per share. On average, equities analysts expect that Capital One Financial Co. will post 15.44 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on COF shares. Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $203.00 to $200.00 in a research note on Monday, December 9th. Keefe, Bruyette & Woods lifted their price objective on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Truist Financial lifted their price objective on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Argus raised Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada raised their price target on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $196.31.

Insider Buying and Selling

In other Capital One Financial news, insider Kara West sold 721 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the sale, the insider now directly 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the sale, the insider now directly owns 26,482 shares in the company, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

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.