Peoples Bank KS Reduces Stock Holdings in Capital One Financial Co. (NYSE:COF)

Peoples Bank KS lessened its holdings in shares of Capital One Financial Co. (NYSE:COF) by 8.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,145 shares of the financial services provider’s stock after selling 100 shares during the period. Peoples Bank KS’s holdings in Capital One Financial were worth $204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. One Wealth Capital Management LLC purchased a new position in shares of Capital One Financial during the 4th quarter valued at about $292,000. Oliver Luxxe Assets LLC raised its position in Capital One Financial by 0.6% during the fourth quarter. Oliver Luxxe Assets LLC now owns 41,868 shares of the financial services provider’s stock valued at $7,466,000 after acquiring an additional 250 shares in the last quarter. Nordea Investment Management AB lifted its holdings in Capital One Financial by 6.6% in the fourth quarter. Nordea Investment Management AB now owns 30,441 shares of the financial services provider’s stock valued at $5,436,000 after acquiring an additional 1,877 shares during the period. Versant Capital Management Inc boosted its position in Capital One Financial by 48.1% in the 4th quarter. Versant Capital Management Inc now owns 640 shares of the financial services provider’s stock worth $114,000 after purchasing an additional 208 shares in the last quarter. Finally, Old Port Advisors acquired a new stake in shares of Capital One Financial during the 4th quarter worth approximately $220,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Capital One Financial

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s 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 sale, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael Zamsky sold 10,541 shares of the stock in a transaction dated 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 transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 29,007 shares of company stock worth $4,982,647. Insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on COF shares. Royal Bank of Canada lifted their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. Robert W. Baird upped their price target on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Barclays raised Capital One Financial from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $158.00 to $219.00 in a report on Monday. Citigroup started coverage on Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 target price on the stock. Finally, Truist Financial began coverage on shares of Capital One Financial in a report on Tuesday. They issued a “buy” rating and a $229.00 price target for the company. Ten analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Capital One Financial presently has a consensus rating of “Hold” and a consensus target price of $181.12.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $181.64 on Wednesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The business’s 50 day moving average price is $182.05 and its 200 day moving average price is $158.00. The company has a market cap of $69.30 billion, a price-to-earnings ratio of 17.15, a PEG ratio of 1.36 and a beta of 1.46. Capital One Financial Co. has a one year low of $123.23 and a one year high of $198.30.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, beating the consensus estimate of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter in the previous year, the company posted $4.45 EPS. The company’s revenue was up 6.8% compared to the same quarter last year. On average, research analysts predict that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s payout ratio is presently 22.66%.

Capital One Financial 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.