Blue Trust Inc. Acquires 1,217 Shares of Capital One Financial Co. (NYSE:COF)

Blue Trust Inc. raised its holdings in Capital One Financial Co. (NYSE:COF) by 37.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,495 shares of the financial services provider’s stock after purchasing an additional 1,217 shares during the period. Blue Trust Inc.’s holdings in Capital One Financial were worth $802,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Decker Retirement Planning Inc. bought a new position in shares of Capital One Financial in the 4th quarter worth $32,000. Catalyst Capital Advisors LLC bought a new position in Capital One Financial during the third quarter worth about $36,000. Creative Financial Designs Inc. ADV grew its position in shares of Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after buying an additional 166 shares during the period. Eastern Bank bought a new stake in shares of Capital One Financial in the 3rd quarter valued at about $44,000. Finally, Prospera Private Wealth LLC acquired a new stake in shares of Capital One Financial in the 3rd quarter valued at approximately $47,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Price Performance

NYSE:COF opened at $204.19 on Thursday. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $207.24. The company has a market cap of $77.84 billion, a P/E ratio of 17.62, a P/E/G ratio of 1.29 and a beta of 1.46. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.00 and a current ratio of 0.98. The stock’s 50-day simple moving average is $185.91 and its 200 day simple moving average is $163.69.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping 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 company had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the prior year, the business posted $2.81 EPS. The business’s revenue was up 7.2% compared to the same quarter last year. As a group, sell-side analysts forecast that Capital One Financial Co. will post 15.22 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were issued a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.18%. Capital One Financial’s payout ratio is 20.71%.

Analyst Upgrades and Downgrades

Several brokerages have commented on COF. The Goldman Sachs Group upped 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. Barclays upped their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Robert W. Baird lifted their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a report on Tuesday, January 14th. Finally, Evercore ISI lifted their price objective on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Nine equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $196.31.

Insider Activity at Capital One Financial

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the transaction, the insider now directly owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kara West sold 721 shares of the stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the transaction, the insider now directly owns 12,929 shares in the company, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,256 shares of company stock worth $2,462,487. Insiders own 1.30% of the company’s stock.

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.