Capital One Financial Co. (NYSE:COF) Shares Sold by Stokes Family Office LLC

Stokes Family Office LLC lessened its stake in Capital One Financial Co. (NYSE:COF) by 14.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,994 shares of the financial services provider’s stock after selling 325 shares during the quarter. Stokes Family Office LLC’s holdings in Capital One Financial were worth $356,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Bfsg LLC acquired a new position in shares of Capital One Financial in the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Capital One Financial in the 4th quarter valued at about $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial in the 4th quarter valued at about $29,000. Decker Retirement Planning Inc. acquired a new position in shares of Capital One Financial in the 4th quarter valued at about $32,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Capital One Financial in the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Up 2.3 %

Shares of NYSE COF opened at $172.72 on Thursday. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a fifty day simple moving average of $191.61 and a 200-day simple moving average of $175.91. The stock has a market capitalization of $65.86 billion, a PE ratio of 14.90, a PEG ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the previous year, the firm posted $2.81 earnings per share. The company’s revenue was up 7.2% on a year-over-year basis. On average, equities analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.39%. Capital One Financial’s payout ratio is presently 20.71%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on COF. Keefe, Bruyette & Woods upped their price target on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $190.00 to $200.00 in a report on Tuesday, March 11th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and upped their price target for the stock from $168.00 to $235.00 in a report on Monday, January 13th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price for the company in a report on Tuesday, January 14th. Finally, Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and increased their target price for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. Five research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus target price of $206.67.

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.