Diversified Trust Co Has $2.68 Million Holdings in Capital One Financial Co. (NYSE:COF)

Diversified Trust Co decreased its position in shares of Capital One Financial Co. (NYSE:COF) by 14.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,052 shares of the financial services provider’s stock after selling 2,606 shares during the quarter. Diversified Trust Co’s holdings in Capital One Financial were worth $2,684,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of COF. State Street Corp grew its holdings in shares of Capital One Financial by 0.5% during the third quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock worth $2,471,572,000 after purchasing an additional 74,784 shares during the last quarter. Franklin Resources Inc. boosted its position in Capital One Financial by 2.8% during the 3rd quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock worth $1,649,488,000 after buying an additional 280,462 shares during the period. Fisher Asset Management LLC grew its holdings in Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock worth $1,451,527,000 after acquiring an additional 72,097 shares during the last quarter. Geode Capital Management LLC increased its position in Capital One Financial by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider’s stock valued at $1,198,664,000 after acquiring an additional 159,616 shares during the period. Finally, FMR LLC raised its stake in shares of Capital One Financial by 21.4% during the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after acquiring an additional 1,169,395 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Evercore ISI increased their price objective on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Citigroup began coverage on Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price target for the company. Truist Financial assumed coverage on Capital One Financial in a report on Tuesday. They issued a “buy” rating and a $229.00 target price on the stock. Wells Fargo & Company increased their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Ten analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $181.12.

Capital One Financial Price Performance

COF stock opened at $181.64 on Wednesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The company’s 50-day moving average is $182.05 and its 200-day moving average is $158.00. The stock has a market capitalization of $69.30 billion, a PE ratio of 17.15, a price-to-earnings-growth ratio of 1.36 and a beta of 1.46. Capital One Financial Co. has a 1 year low of $123.23 and a 1 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 (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 analyst estimates of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.45 earnings per share. Equities research analysts expect that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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

Insider Buying and Selling at Capital One Financial

In other news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now directly owns 44,711 shares in the company, valued at $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the company’s 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 completion of the sale, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is owned by corporate insiders.

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.