Capital One Financial Co. (NYSE:COF) Shares Sold by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. decreased its holdings in shares of Capital One Financial Co. (NYSE:COF) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,045 shares of the financial services provider’s stock after selling 457 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Capital One Financial were worth $15,879,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the company. Decker Retirement Planning Inc. bought a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $32,000. Catalyst Capital Advisors LLC bought a new position in shares of Capital One Financial in the third quarter valued at $36,000. Creative Financial Designs Inc. ADV raised its holdings in 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 purchased a new stake in shares of Capital One Financial in the third quarter valued at $44,000. Finally, Prospera Private Wealth LLC purchased a new position in Capital One Financial during the 3rd quarter valued at about $47,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insiders Place Their Bets

In related news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now owns 26,482 shares in the company, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. JPMorgan Chase & Co. increased their price target on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Evercore ISI increased their price objective on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Royal Bank of Canada raised their price objective on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Finally, Bank of America lowered shares of Capital One Financial from a “buy” rating to a “neutral” rating and decreased their price target for the company from $203.00 to $200.00 in a report on Monday, December 9th. Nine analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $196.31.

Capital One Financial Stock Performance

NYSE:COF opened at $203.13 on Friday. The firm has a market cap of $77.44 billion, a PE ratio of 17.53, a price-to-earnings-growth ratio of 1.24 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The business has a 50 day moving average price of $188.30 and a 200-day moving average price of $166.58. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $208.63.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share 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 firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the prior year, the business earned $2.81 EPS. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities research analysts predict that Capital One Financial Co. will post 15.44 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. Capital One Financial’s dividend payout ratio is currently 20.71%.

About Capital One Financial

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.