Capital One Financial Co. (NYSE:COF) Shares Acquired by Vest Financial LLC

Vest Financial LLC boosted its stake in Capital One Financial Co. (NYSE:COF) by 2.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 181,439 shares of the financial services provider’s stock after purchasing an additional 4,635 shares during the quarter. Vest Financial LLC’s holdings in Capital One Financial were worth $32,354,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Money Concepts Capital Corp increased its stake in shares of Capital One Financial by 4.1% during the fourth quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock worth $279,000 after purchasing an additional 61 shares in the last quarter. Grove Bank & Trust boosted its holdings in Capital One Financial by 7.0% in the 4th quarter. Grove Bank & Trust now owns 973 shares of the financial services provider’s stock worth $174,000 after buying an additional 64 shares during the last quarter. Cerro Pacific Wealth Advisors LLC increased its stake in Capital One Financial by 1.1% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 5,861 shares of the financial services provider’s stock worth $1,045,000 after buying an additional 64 shares in the last quarter. Prossimo Advisors LLC raised its holdings in shares of Capital One Financial by 2.4% during the third quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock valued at $410,000 after acquiring an additional 65 shares during the last quarter. Finally, City Holding Co. lifted its position in shares of Capital One Financial by 1.3% in the fourth quarter. City Holding Co. now owns 5,010 shares of the financial services provider’s stock valued at $893,000 after acquiring an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

COF has been the subject of several recent research reports. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and increased their price objective for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Royal Bank of Canada boosted their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a report on Tuesday, January 14th. JPMorgan Chase & Co. boosted their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Finally, Barclays upped their price target on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $196.31.

Insider Activity

In related news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction dated 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 owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.30% of the company’s stock.

Capital One Financial Stock Down 1.7 %

Shares of COF opened at $203.13 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. 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 company’s 50-day moving average price is $188.08 and its 200 day moving average price is $166.17. 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 released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.81 EPS. On average, sell-side analysts forecast that Capital One Financial Co. will post 15.44 earnings per share for the current year.

Capital One Financial Dividend Announcement

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

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.