Capital One Financial Co. (NYSE:COF) Shares Sold by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC reduced its position in Capital One Financial Co. (NYSE:COF) by 9.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,533 shares of the financial services provider’s stock after selling 261 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Capital One Financial were worth $332,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Bartlett & Co. LLC raised its stake in shares of Capital One Financial by 726.7% during the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares during the last quarter. Sound Income Strategies LLC increased its holdings in shares of Capital One Financial by 109.4% in the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 139 shares in the last quarter. West Tower Group LLC purchased a new position in shares of Capital One Financial in the 2nd quarter valued at about $31,000. Neo Ivy Capital Management acquired a new stake in shares of Capital One Financial in the second quarter valued at about $37,000. Finally, Resurgent Financial Advisors LLC purchased a new stake in Capital One Financial during the fourth quarter worth about $34,000. 90.09% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Up 0.4 %

Shares of NYSE COF opened at $136.85 on Wednesday. Capital One Financial Co. has a 52-week low of $83.93 and a 52-week high of $141.17. The firm has a fifty day moving average of $134.66 and a 200-day moving average of $117.53. The stock has a market capitalization of $52.03 billion, a PE ratio of 11.45, a P/E/G ratio of 1.17 and a beta of 1.47. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.85.

Capital One Financial (NYSE:COFGet Free Report) last announced its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.50 by ($0.26). Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. The company had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.45 billion. On average, analysts anticipate that Capital One Financial Co. will post 13.86 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were given a dividend of $0.60 per share. The ex-dividend date was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a yield of 1.75%. Capital One Financial’s dividend payout ratio (DPR) is 20.08%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on COF shares. Citigroup boosted their price target on Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, February 23rd. UBS Group upped their target price on Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, February 29th. The Goldman Sachs Group raised their price target on Capital One Financial from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, December 18th. Royal Bank of Canada boosted their price objective on shares of Capital One Financial from $142.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 21st. Finally, JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $131.00 to $134.00 and gave the company a “neutral” rating in a report on Friday, January 26th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and an average price target of $129.42.

Read Our Latest Stock Report on COF

Capital One Financial Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Co. (NYSE:COFFree Report).

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

Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.