Capital One Financial Co. (NYSE:COF) Shares Sold by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. lowered its position in Capital One Financial Co. (NYSE:COF) by 3.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,977 shares of the financial services provider’s stock after selling 142 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in Capital One Financial were worth $709,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in COF. Catalyst Capital Advisors LLC acquired a new stake in shares of Capital One Financial in the third quarter worth $36,000. Creative Financial Designs Inc. ADV raised its position in Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares during the period. Eastern Bank purchased a new position in Capital One Financial in the third quarter valued at about $44,000. Prospera Private Wealth LLC acquired a new position in shares of Capital One Financial during the third quarter worth about $47,000. Finally, Concord Wealth Partners boosted its position in shares of Capital One Financial by 115.3% in the third quarter. Concord Wealth Partners now owns 323 shares of the financial services provider’s stock worth $48,000 after buying an additional 173 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on COF. Wells Fargo & Company boosted their price target on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. The Goldman Sachs Group boosted 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 report on Tuesday, November 19th. Royal Bank of Canada raised 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 report on Friday, October 25th. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a report on Tuesday. Finally, Evercore ISI raised their target price on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $188.06.

Capital One Financial Price Performance

Shares of COF opened at $190.79 on Thursday. Capital One Financial Co. has a 52 week low of $123.23 and a 52 week high of $198.30. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The firm has a market cap of $72.79 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 1.34 and a beta of 1.45. The stock has a 50 day moving average of $183.63 and a 200-day moving average of $159.54.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 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 the consensus estimate of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.45 earnings per share. As a group, analysts forecast that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors 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 yield of 1.26%. Capital One Financial’s dividend payout ratio (DPR) is 22.66%.

Insiders Place Their Bets

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the 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 sale, the insider now directly owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their position. 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. 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.