Capital One Financial Co. (NYSE:COF) Position Lessened by Lmcg Investments LLC

Lmcg Investments LLC decreased its position in shares of Capital One Financial Co. (NYSE:COF) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 95,313 shares of the financial services provider’s stock after selling 1,146 shares during the period. Capital One Financial accounts for approximately 1.0% of Lmcg Investments LLC’s portfolio, making the stock its 24th biggest position. Lmcg Investments LLC’s holdings in Capital One Financial were worth $16,996,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Decker Retirement Planning Inc. acquired a new position in Capital One Financial in the 4th quarter valued at $32,000. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial in the 3rd quarter worth approximately $36,000. Creative Financial Designs Inc. ADV grew its holdings in shares of 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 purchasing an additional 166 shares in the last quarter. Eastern Bank bought a new stake in Capital One Financial in the 3rd quarter valued at $44,000. Finally, Prospera Private Wealth LLC bought a new stake in Capital One Financial in the third quarter valued at 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 $191.16 on Tuesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market cap of $72.88 billion, a price-to-earnings ratio of 18.05, a PEG ratio of 1.23 and a beta of 1.46. The business has a 50 day simple moving average of $183.82 and a 200 day simple moving average of $160.61. Capital One Financial Co. has a 52-week low of $123.23 and a 52-week high of $198.30.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. The company’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.45 EPS. Analysts anticipate that Capital One Financial Co. will post 13.53 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.26%. Capital One Financial’s dividend payout ratio is currently 22.66%.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Truist Financial initiated coverage on Capital One Financial in a research note on Tuesday, January 7th. They set a “buy” rating and a $229.00 price objective for the company. Robert W. Baird upped their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Wells Fargo & Company boosted their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Finally, Royal Bank of Canada increased their price target on shares of Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. Ten equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, Capital One Financial currently has a consensus rating of “Hold” and an average target price of $188.06.

Insider Activity

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction on Tuesday, November 5th. The shares were 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction 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 sale, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,256 shares of company stock worth $2,462,487 over the last ninety days. Insiders own 1.30% of the company’s stock.

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.