Dumont & Blake Investment Advisors LLC Sells 49 Shares of Capital One Financial Co. (NYSE:COF)

Dumont & Blake Investment Advisors LLC reduced its position in Capital One Financial Co. (NYSE:COF) by 0.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 11,426 shares of the financial services provider’s stock after selling 49 shares during the period. Dumont & Blake Investment Advisors LLC’s holdings in Capital One Financial were worth $2,037,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Asset Management One Co. Ltd. boosted its holdings in Capital One Financial by 5.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after buying an additional 7,331 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Capital One Financial by 4.3% in the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after acquiring an additional 17,825 shares during the period. CWA Asset Management Group LLC purchased a new stake in shares of Capital One Financial during the third quarter worth about $1,649,000. Catalina Capital Group LLC raised its stake in Capital One Financial by 8.1% during the 3rd quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock valued at $241,000 after purchasing an additional 121 shares during the period. Finally, Dai ichi Life Insurance Company Ltd lifted its holdings in Capital One Financial by 36.8% in the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock worth $1,671,000 after purchasing an additional 3,000 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on COF shares. Barclays increased their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Bank of America cut shares of Capital One Financial from a “buy” rating to a “neutral” rating and cut their target price for the company from $203.00 to $200.00 in a research note on Monday, December 9th. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Evercore ISI raised their price objective on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Finally, HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a research report on Tuesday, January 14th. Nine investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $196.31.

Capital One Financial Stock Up 0.4 %

Shares of NYSE:COF opened at $204.69 on Friday. The company has a current ratio of 0.98, a quick ratio of 1.00 and a debt-to-equity ratio of 0.74. The firm has a 50 day simple moving average of $186.38 and a 200-day simple moving average of $163.97. The company has a market capitalization of $78.03 billion, a PE ratio of 17.66, a P/E/G ratio of 1.29 and a beta of 1.46. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $208.63.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the prior year, the firm earned $2.81 earnings per share. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, equities 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 given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Insiders Place Their Bets

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 value of $2,005,530.66. Following the completion of 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the sale, the insider now directly owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 13,256 shares of company stock worth $2,462,487. 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.