Integrated Investment Consultants LLC Cuts Holdings in Capital One Financial Co. (NYSE:COF)

Integrated Investment Consultants LLC trimmed its position in Capital One Financial Co. (NYSE:COF) by 11.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 4,507 shares of the financial services provider’s stock after selling 565 shares during the period. Integrated Investment Consultants LLC’s holdings in Capital One Financial were worth $804,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in COF. Decker Retirement Planning Inc. bought a new position in shares of Capital One Financial in the fourth quarter valued at approximately $32,000. Catalyst Capital Advisors LLC purchased a new position in Capital One Financial in the third quarter worth $36,000. Creative Financial Designs Inc. ADV grew its stake in Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares during the period. Eastern Bank bought a new position in Capital One Financial in the 3rd quarter valued at $44,000. Finally, Prospera Private Wealth LLC purchased a new stake in shares of Capital One Financial during the 3rd quarter valued at $47,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Barclays raised shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $158.00 to $219.00 in a report on Monday, January 6th. Evercore ISI boosted their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Citigroup assumed coverage on shares of Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 price target for the company. JPMorgan Chase & Co. upped their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Finally, Royal Bank of Canada raised their target price on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research report on Friday, October 25th. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $188.06.

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 value of $2,005,530.66. Following the transaction, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the sale, the insider now directly owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,256 shares of company stock worth $2,462,487 in the last ninety days. 1.30% of the stock is currently owned by insiders.

Capital One Financial Trading Up 1.4 %

Shares of Capital One Financial stock opened at $191.16 on Friday. The company’s 50-day moving average price is $183.71 and its 200-day moving average price is $159.96. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 12-month low of $123.23 and a 12-month high of $198.30. The company has a market cap of $72.88 billion, a price-to-earnings ratio of 18.05, a PEG ratio of 1.12 and a beta of 1.46.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.70 by $0.81. The business had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company posted $4.45 EPS. On average, equities analysts expect that Capital One Financial Co. will post 13.41 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.26%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s payout ratio is 22.66%.

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.