Capital One Financial Co. (NYSE:COF) Position Cut by Moody National Bank Trust Division

Moody National Bank Trust Division trimmed its stake in Capital One Financial Co. (NYSE:COF) by 1.9% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 14,323 shares of the financial services provider’s stock after selling 275 shares during the quarter. Moody National Bank Trust Division’s holdings in Capital One Financial were worth $1,880,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Covestor Ltd bought a new stake in Capital One Financial in the fourth quarter valued at $33,000. Equitec Proprietary Markets LLC bought a new stake in Capital One Financial in the fourth quarter valued at $35,000. Exane Derivatives bought a new stake in Capital One Financial in the fourth quarter valued at $36,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in Capital One Financial in the fourth quarter valued at $38,000. Finally, Fieldpoint Private Securities LLC lifted its stake in Capital One Financial by 43.2% in the fourth quarter. Fieldpoint Private Securities LLC now owns 265 shares of the financial services provider’s stock valued at $38,000 after buying an additional 80 shares during the last quarter. Institutional investors own 89.31% of the company’s stock.

NYSE:COF opened at $105.63 on Thursday. The business’s 50-day moving average price is $122.48 and its 200 day moving average price is $136.92. The firm has a market cap of $41.52 billion, a P/E ratio of 4.15, a PEG ratio of 0.31 and a beta of 1.44. Capital One Financial Co. has a 52-week low of $98.54 and a 52-week high of $177.95. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.79.

Capital One Financial (NYSE:COFGet Rating) last issued its quarterly earnings results on Tuesday, April 26th. The financial services provider reported $5.62 earnings per share for the quarter, topping analysts’ consensus estimates of $5.39 by $0.23. The firm had revenue of $8.17 billion for the quarter, compared to analysts’ expectations of $8.02 billion. Capital One Financial had a return on equity of 18.66% and a net margin of 34.71%. Capital One Financial’s revenue was up 14.9% on a year-over-year basis. During the same quarter last year, the business posted $7.03 EPS. Sell-side analysts expect that Capital One Financial Co. will post 20.14 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, May 27th. Investors of record on Monday, May 16th were paid a $0.60 dividend. The ex-dividend date was Friday, May 13th. This represents a $2.40 dividend on an annualized basis and a yield of 2.27%. Capital One Financial’s dividend payout ratio is currently 9.44%.

In related news, insider Sheldon Hall sold 14,504 shares of Capital One Financial stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $125.00, for a total value of $1,813,000.00. Following the transaction, the insider now owns 68,337 shares of the company’s stock, valued at approximately $8,542,125. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.27% of the company’s stock.

A number of equities research analysts recently weighed in on COF shares. BMO Capital Markets cut their price objective on shares of Capital One Financial from $200.00 to $188.00 and set a “buy” rating on the stock in a research note on Wednesday, April 27th. StockNews.com started coverage on shares of Capital One Financial in a research note on Thursday, March 31st. They set a “hold” rating on the stock. Wolfe Research cut shares of Capital One Financial from a “peer perform” rating to an “underperform” rating and set a $86.00 price objective on the stock. in a research note on Thursday, May 12th. Piper Sandler cut shares of Capital One Financial from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $164.00 to $143.00 in a research note on Wednesday, April 27th. Finally, Bank of America cut their price objective on shares of Capital One Financial from $185.00 to $167.00 in a research note on Thursday, March 17th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $169.23.

Capital One Financial Company Profile (Get Rating)

Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides 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.

Further Reading

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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