Capital One Financial Co. (NYSE:COF) Shares Sold by Westbourne Investment Advisors Inc.

Westbourne Investment Advisors Inc. lessened its holdings in Capital One Financial Co. (NYSE:COF) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,455 shares of the financial services provider’s stock after selling 130 shares during the quarter. Westbourne Investment Advisors Inc.’s holdings in Capital One Financial were worth $1,151,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Decker Retirement Planning Inc. purchased a new stake in Capital One Financial during the 4th quarter worth approximately $32,000. Catalyst Capital Advisors LLC purchased a new position in Capital One Financial in the 3rd quarter worth $36,000. Creative Financial Designs Inc. ADV lifted its position in Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 166 shares during the period. Eastern Bank purchased a new stake in Capital One Financial during the 3rd quarter valued at about $44,000. Finally, Prospera Private Wealth LLC purchased a new position in shares of Capital One Financial in the third quarter worth about $47,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

NYSE:COF opened at $203.13 on Friday. The firm has a market cap of $77.44 billion, a P/E ratio of 17.53, a price-to-earnings-growth ratio of 1.24 and a beta of 1.47. The stock has a 50 day moving average of $188.08 and a two-hundred day moving average of $166.17. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $208.63. 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 (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the previous year, the business earned $2.81 earnings per share. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, analysts expect that Capital One Financial Co. will post 15.44 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.18%. Capital One Financial’s payout ratio is presently 20.71%.

Analyst Ratings Changes

Several equities analysts recently weighed in on COF shares. Evercore ISI increased their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. The Goldman Sachs Group raised their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Bank of America downgraded Capital One Financial from a “buy” rating to a “neutral” rating and cut their price target for the stock from $203.00 to $200.00 in a research report on Monday, December 9th. Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Finally, Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Nine equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $196.31.

Insider Activity at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the business’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 in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.30% of the stock is owned by corporate insiders.

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.