Sentry Investment Management LLC Sells 253 Shares of Capital One Financial Co. (NYSE:COF)

Sentry Investment Management LLC lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 14.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,551 shares of the financial services provider’s stock after selling 253 shares during the period. Sentry Investment Management LLC’s holdings in Capital One Financial were worth $277,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in COF. Private Advisor Group LLC raised its position in Capital One Financial by 10.4% during the third quarter. Private Advisor Group LLC now owns 8,601 shares of the financial services provider’s stock worth $1,288,000 after acquiring an additional 808 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Capital One Financial by 2.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,042 shares of the financial services provider’s stock valued at $6,197,000 after acquiring an additional 933 shares during the period. Arkadios Wealth Advisors increased its stake in shares of Capital One Financial by 3.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after purchasing an additional 66 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Capital One Financial by 7.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 23,004 shares of the financial services provider’s stock valued at $3,444,000 after purchasing an additional 1,564 shares during the period. Finally, Concord Wealth Partners lifted its stake in Capital One Financial by 115.3% in the 3rd quarter. Concord Wealth Partners now owns 323 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 173 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

COF opened at $193.94 on Wednesday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The firm has a market cap of $73.96 billion, a P/E ratio of 16.73, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The business’s fifty day moving average is $192.01 and its 200-day moving average is $171.88.

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 net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the prior year, the company posted $2.81 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Sell-side analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s payout ratio is presently 20.71%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Truist Financial boosted their price target on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Wells Fargo & Company boosted their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Keefe, Bruyette & Woods raised their price target on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. The Goldman Sachs Group upped their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Finally, Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Seven equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus target price of $202.27.

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.