GLOBALT Investments LLC GA Sells 65 Shares of Capital One Financial Co. (NYSE:COF)

GLOBALT Investments LLC GA cut its holdings in shares of Capital One Financial Co. (NYSE:COF) by 1.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,999 shares of the financial services provider’s stock after selling 65 shares during the quarter. GLOBALT Investments LLC GA’s holdings in Capital One Financial were worth $1,070,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of COF. Norden Group LLC grew its position in shares of Capital One Financial by 2.6% during the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock valued at $358,000 after purchasing an additional 51 shares in the last quarter. Catalyst Financial Partners LLC grew its position in shares of Capital One Financial by 3.9% during the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock valued at $255,000 after purchasing an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC grew its position in shares of Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after purchasing an additional 56 shares in the last quarter. TFB Advisors LLC grew its position in shares of Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 59 shares in the last quarter. Finally, Money Concepts Capital Corp grew its position in shares of Capital One Financial by 4.1% during the fourth quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock valued at $279,000 after purchasing an additional 61 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $165.06 on Tuesday. The company has a market capitalization of $62.94 billion, a price-to-earnings ratio of 14.24, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a 50 day moving average of $192.01 and a 200 day moving average of $175.78.

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. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the previous year, the firm posted $2.81 earnings per share. Capital One Financial’s revenue for the quarter was up 7.2% compared to the same quarter last year. On average, sell-side analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.45%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on COF shares. Wells Fargo & Company raised their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. JPMorgan Chase & Co. lifted their price target on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. The Goldman Sachs Group boosted their target price on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Finally, Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 11th. Five analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $206.67.

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.