Harbour Trust & Investment Management Co Sells 200 Shares of Capital One Financial Co. (NYSE:COF)

Harbour Trust & Investment Management Co lessened its holdings in shares of Capital One Financial Co. (NYSE:COF) by 11.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,500 shares of the financial services provider’s stock after selling 200 shares during the period. Harbour Trust & Investment Management Co’s holdings in Capital One Financial were worth $267,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of COF. Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial in the fourth quarter worth about $32,000. Catalyst Capital Advisors LLC bought a new stake in Capital One Financial during the third quarter worth about $36,000. Creative Financial Designs Inc. ADV raised its position in shares of Capital One Financial by 135.0% in 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 during the last quarter. Eastern Bank bought a new stake in shares of Capital One Financial during the third quarter valued at approximately $44,000. Finally, Prospera Private Wealth LLC bought a new stake in Capital One Financial in the 3rd quarter worth about $47,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Trading Down 1.7 %

Shares of COF opened at $203.13 on Monday. The company has a market capitalization of $77.44 billion, a P/E ratio of 17.53, a P/E/G ratio of 1.26 and a beta of 1.47. The stock has a 50-day moving average price of $188.30 and a 200 day moving average price of $166.72. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a one year low of $128.23 and a one year high of $208.63.

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, topping analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the business earned $2.81 EPS. Sell-side analysts forecast that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. Capital One Financial’s dividend payout ratio is currently 20.71%.

Insider Activity

In other news, insider Michael Zamsky sold 10,541 shares of the 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 directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.30% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Keefe, Bruyette & Woods raised their price objective on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. JPMorgan Chase & Co. raised their price target on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. The Goldman Sachs Group raised their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. Finally, Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Nine equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $196.31.

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.