Capital One Financial Co. (NYSE:COF) Shares Sold by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC decreased its stake in shares of Capital One Financial Co. (NYSE:COF) by 57.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,775 shares of the financial services provider’s stock after selling 5,088 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Capital One Financial were worth $673,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Global Trust Asset Management LLC boosted its position in shares of Capital One Financial by 11.1% during the 4th quarter. Global Trust Asset Management LLC now owns 3,436 shares of the financial services provider’s stock valued at $613,000 after acquiring an additional 343 shares during the last quarter. Nisa Investment Advisors LLC raised its position in Capital One Financial by 0.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 154,453 shares of the financial services provider’s stock valued at $27,542,000 after purchasing an additional 822 shares during the period. Genesis Private Wealth LLC acquired a new position in Capital One Financial in the fourth quarter valued at about $200,000. Simon Quick Advisors LLC lifted its holdings in shares of Capital One Financial by 14.3% in the 4th quarter. Simon Quick Advisors LLC now owns 2,205 shares of the financial services provider’s stock worth $393,000 after acquiring an additional 276 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH acquired a new position in Capital One Financial during the fourth quarter worth $221,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on COF. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods upped their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Truist Financial assumed coverage on shares of Capital One Financial in a research note on Tuesday, January 7th. They issued a “buy” rating and a $229.00 price target for the company. Finally, Evercore ISI increased 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. Ten analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $190.47.

Capital One Financial Stock Performance

Shares of COF opened at $204.14 on Friday. The firm has a market cap of $77.82 billion, a PE ratio of 17.61, a price-to-earnings-growth ratio of 1.24 and a beta of 1.46. The company’s 50 day simple moving average is $184.29 and its 200-day simple moving average is $161.66. 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 12-month low of $128.23 and a 12-month high of $207.24.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10,220,675.12 billion. Capital One Financial had a return on equity of 9.50% and a net margin of 9.46%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $2.81 EPS. As a group, equities analysts predict that Capital One Financial Co. will post 15.22 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio is presently 20.71%.

Insider Buying and Selling

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the sale, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kara West sold 721 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the transaction, the insider now directly owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This trade represents a 5.28 % 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 valued at $2,462,487 over the last quarter. Company insiders own 1.30% of the company’s stock.

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.