City Holding Co. Purchases 65 Shares of Capital One Financial Co. (NYSE:COF)

City Holding Co. raised its position in shares of Capital One Financial Co. (NYSE:COF) by 1.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,010 shares of the financial services provider’s stock after purchasing an additional 65 shares during the quarter. City Holding Co.’s holdings in Capital One Financial were worth $893,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Asset Management One Co. Ltd. increased its position in shares of Capital One Financial by 5.3% during the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock valued at $21,976,000 after acquiring an additional 7,331 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Capital One Financial by 4.3% in the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after purchasing an additional 17,825 shares in the last quarter. CWA Asset Management Group LLC purchased a new position in shares of Capital One Financial in the third quarter worth $1,649,000. Dai ichi Life Insurance Company Ltd lifted its holdings in shares of Capital One Financial by 36.8% during the third quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock valued at $1,671,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in shares of Capital One Financial by 0.7% during the third quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after buying an additional 72,097 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Capital One Financial

In related news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,256 shares of company stock valued at $2,462,487. 1.30% of the stock is currently owned by corporate insiders.

Capital One Financial Trading Up 1.4 %

Shares of Capital One Financial stock opened at $191.16 on Tuesday. Capital One Financial Co. has a fifty-two week low of $123.23 and a fifty-two week high of $198.30. 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 company has a market capitalization of $72.88 billion, a P/E ratio of 18.05, a P/E/G ratio of 1.12 and a beta of 1.46. The company has a fifty day moving average of $183.82 and a 200 day moving average of $160.61.

Capital One Financial (NYSE:COF) last released 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. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter last year, the business posted $4.45 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. On average, sell-side analysts anticipate that Capital One Financial Co. will post 13.41 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed 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 1.26%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s payout ratio is currently 22.66%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on COF shares. JPMorgan Chase & Co. boosted their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Bank of America cut shares of Capital One Financial from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $203.00 to $200.00 in a report on Monday, December 9th. Robert W. Baird raised their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Truist Financial started coverage on shares of Capital One Financial in a research note on Tuesday, January 7th. They set a “buy” rating and a $229.00 target price for the company. Finally, Barclays upgraded Capital One Financial from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $158.00 to $219.00 in a research note on Monday, January 6th. Ten analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $188.06.

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.