Capital One Financial Co. (NYSE:COF) Stock Holdings Increased by Graypoint LLC

Graypoint LLC lifted its stake in Capital One Financial Co. (NYSE:COF) by 7.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 6,124 shares of the financial services provider’s stock after acquiring an additional 434 shares during the quarter. Graypoint LLC’s holdings in Capital One Financial were worth $1,092,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in COF. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial in the second quarter worth approximately $28,000. Catalyst Capital Advisors LLC bought a new position in Capital One Financial during the third quarter valued at approximately $36,000. Creative Financial Designs Inc. ADV raised its position in Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 166 shares in the last quarter. Eastern Bank bought a new position in Capital One Financial during the third quarter valued at approximately $44,000. Finally, Prospera Private Wealth LLC bought a new position in Capital One Financial during the third quarter valued at approximately $47,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

COF has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. Evercore ISI raised their price objective on shares of 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. Wells Fargo & Company raised their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Bank of America downgraded Capital One Financial from a “buy” rating to a “neutral” rating and lowered their price target for the company from $203.00 to $200.00 in a report on Monday, December 9th. Finally, Robert W. Baird increased their price target on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $182.88.

Insider Buying and Selling

In related news, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the transaction, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the transaction, the insider now directly owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock valued at $4,982,647 over the last ninety days. 1.30% of the stock is owned by company insiders.

Capital One Financial Trading Down 2.8 %

Shares of Capital One Financial stock opened at $175.08 on Friday. The company’s fifty day simple moving average is $182.88 and its 200-day simple moving average is $158.57. The company has a market cap of $66.75 billion, a price-to-earnings ratio of 16.53, a PEG ratio of 1.36 and a beta of 1.46. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 1 year low of $123.23 and a 1 year high of $198.30.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping the consensus estimate of $3.70 by $0.81. The firm had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. Capital One Financial’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period last year, the business earned $4.45 earnings per share. As a group, sell-side analysts expect that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.37%. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

Capital One Financial 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.