Capital One Financial Co. (NYSE:COF) Shares Sold by Hilltop National Bank

Hilltop National Bank reduced its stake in Capital One Financial Co. (NYSE:COF) by 1.4% during the 4th quarter, Holdings Channel reports. The fund owned 5,167 shares of the financial services provider’s stock after selling 72 shares during the period. Hilltop National Bank’s holdings in Capital One Financial were worth $921,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in COF. Private Advisor Group LLC boosted its holdings in shares of Capital One Financial by 10.0% during the second quarter. Private Advisor Group LLC now owns 7,793 shares of the financial services provider’s stock worth $1,079,000 after purchasing an additional 709 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in Capital One Financial in the 2nd quarter worth about $42,000. Prudential PLC grew its holdings in Capital One Financial by 40.8% in the second quarter. Prudential PLC now owns 6,807 shares of the financial services provider’s stock valued at $942,000 after purchasing an additional 1,974 shares during the period. Coldstream Capital Management Inc. increased its holdings in shares of Capital One Financial by 1.3% during the 2nd quarter. Coldstream Capital Management Inc. now owns 6,263 shares of the financial services provider’s stock worth $867,000 after buying an additional 80 shares during the last quarter. Finally, Qsemble Capital Management LP purchased a new position in shares of Capital One Financial in the 2nd quarter worth about $557,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Kara West sold 721 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the sale, the insider now owns 44,711 shares of the company’s stock, valued at $7,153,760. The trade was a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,007 shares of company stock valued at $4,982,647 in the last quarter. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Stock Performance

Shares of Capital One Financial stock traded down $3.12 on Friday, reaching $177.02. 1,066,559 shares of the company were exchanged, compared to its average volume of 1,970,192. The firm has a market cap of $67.49 billion, a price-to-earnings ratio of 16.72, a P/E/G ratio of 1.36 and a beta of 1.46. The company’s 50-day moving average is $182.66 and its two-hundred day moving average is $158.31. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. 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 released its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. The business had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last year, the company earned $4.45 EPS. As a group, research analysts expect that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors 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 1.36%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is 22.66%.

Analyst Ratings Changes

COF has been the subject of several recent research reports. Royal Bank of Canada increased their price target on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. JPMorgan Chase & Co. increased their price target on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Citigroup assumed coverage on Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 target price on the stock. Barclays raised shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $158.00 to $219.00 in a research report on Monday. Finally, Bank of America cut shares of Capital One Financial from a “buy” rating to a “neutral” rating and cut their price target for the company from $203.00 to $200.00 in a report on Monday, December 9th. Ten analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Capital One Financial presently has an average rating of “Hold” and a consensus target price of $181.12.

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.