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

Amalgamated Bank lowered its position in shares of Capital One Financial Co. (NYSE:COF) by 1.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 73,488 shares of the financial services provider’s stock after selling 1,377 shares during the quarter. Amalgamated Bank’s holdings in Capital One Financial were worth $13,104,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Bfsg LLC acquired a new position in Capital One Financial during the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC purchased a new position in shares of Capital One Financial in the 4th quarter valued at $29,000. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial during the fourth quarter valued at about $32,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial during the third quarter worth about $36,000. Finally, Creative Financial Designs Inc. ADV lifted its stake in shares of 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 worth $43,000 after acquiring an additional 166 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Down 3.0 %

NYSE:COF opened at $193.94 on Wednesday. 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 50 day moving average of $192.01 and a 200-day moving average of $171.88. The firm has a market capitalization of $73.96 billion, a PE ratio of 16.73, 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.

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. Analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.24%. Capital One Financial’s dividend payout ratio is presently 20.71%.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of recent analyst reports. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and upped their price target for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. Truist Financial raised their price objective on shares of Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Seven analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average price target of $202.27.

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.