Capital One Financial Co. (NYSE:COF) Shares Sold by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC trimmed its stake in shares of Capital One Financial Co. (NYSE:COF) by 34.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,063 shares of the financial services provider’s stock after selling 1,093 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Capital One Financial were worth $368,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of COF. Grove Bank & Trust grew its stake in shares of Capital One Financial by 7.0% during the 4th quarter. Grove Bank & Trust now owns 973 shares of the financial services provider’s stock worth $174,000 after acquiring an additional 64 shares during the period. Cerro Pacific Wealth Advisors LLC lifted its position in Capital One Financial by 1.1% during the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 5,861 shares of the financial services provider’s stock valued at $1,045,000 after purchasing an additional 64 shares during the last quarter. Prossimo Advisors LLC raised its position in 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 purchasing an additional 65 shares in the last quarter. City Holding Co. lifted its position in Capital One Financial by 1.3% in the 4th quarter. City Holding Co. now owns 5,010 shares of the financial services provider’s stock worth $893,000 after buying an additional 65 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its position in Capital One Financial by 3.9% during the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock valued at $266,000 after acquiring an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the transaction, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the company’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 owns 26,482 shares in the company, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,256 shares of company stock worth $2,462,487 over the last quarter. Insiders own 1.30% of the company’s stock.

Capital One Financial Trading Up 0.5 %

COF opened at $204.19 on Thursday. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $207.24. The stock has a fifty day moving average price of $185.91 and a 200-day moving average price of $163.69. The firm has a market cap of $77.84 billion, a price-to-earnings ratio of 17.62, a PEG ratio of 1.29 and a beta of 1.46. The company has a current ratio of 0.98, a quick ratio of 1.00 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the prior year, the business posted $2.81 EPS. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Capital One Financial Co. will post 15.22 earnings per share for the current fiscal 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 of this dividend was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.18%. Capital One Financial’s dividend payout ratio is currently 20.71%.

Analysts Set New Price Targets

COF has been the subject of a number of research reports. Wells Fargo & Company upped 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 note on Friday, January 3rd. Bank of America downgraded Capital One Financial from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $203.00 to $200.00 in a report on Monday, December 9th. Evercore ISI raised their price target on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Finally, The Goldman Sachs Group lifted their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Nine equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.31.

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.