Crossmark Global Holdings Inc. Sells 19,052 Shares of Capital One Financial Co. (NYSE:COF)

Crossmark Global Holdings Inc. lessened its position in shares of Capital One Financial Co. (NYSE:COF) by 36.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,587 shares of the financial services provider’s stock after selling 19,052 shares during the period. Crossmark Global Holdings Inc.’s holdings in Capital One Financial were worth $5,989,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Chesapeake Wealth Management acquired a new stake in Capital One Financial in the 4th quarter valued at approximately $222,000. Ballentine Partners LLC raised its holdings in shares of Capital One Financial by 4.6% in the fourth quarter. Ballentine Partners LLC now owns 4,116 shares of the financial services provider’s stock valued at $734,000 after purchasing an additional 181 shares during the last quarter. Mitchell Mcleod Pugh & Williams Inc. lifted its position in shares of Capital One Financial by 16.9% in the fourth quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 1,865 shares of the financial services provider’s stock worth $333,000 after purchasing an additional 270 shares in the last quarter. UMB Bank n.a. boosted its holdings in Capital One Financial by 4.3% during the fourth quarter. UMB Bank n.a. now owns 3,721 shares of the financial services provider’s stock worth $664,000 after purchasing an additional 154 shares during the last quarter. Finally, Strong Tower Advisory Services grew its position in Capital One Financial by 0.3% in the fourth quarter. Strong Tower Advisory Services now owns 36,858 shares of the financial services provider’s stock valued at $6,573,000 after purchasing an additional 109 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Truist Financial initiated coverage on shares of Capital One Financial in a research note on Tuesday, January 7th. They set a “buy” rating and a $229.00 price objective for the company. Barclays upgraded Capital One Financial from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $158.00 to $219.00 in a research note on Monday, January 6th. Robert W. Baird increased their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a report on Tuesday, January 14th. Finally, The Goldman Sachs Group increased their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Ten analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and a consensus price target of $188.06.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $193.42 on Wednesday. Capital One Financial Co. has a one year low of $128.23 and a one year high of $198.30. 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 firm has a market cap of $73.74 billion, a price-to-earnings ratio of 18.26, a P/E/G ratio of 1.23 and a beta of 1.46. The stock’s fifty day moving average price is $183.84 and its two-hundred day moving average price is $160.98.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10,220,675.12 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. Capital One Financial’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period last year, the firm earned $2.81 earnings per share. On average, equities analysts forecast that Capital One Financial Co. will post 13.53 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were given a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.24%. Capital One Financial’s payout ratio is 22.66%.

Insider Buying and Selling

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now directly owns 26,482 shares in the company, valued at $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 SEC, which is available at the SEC website. Also, insider Kara West sold 721 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares of the company’s stock, valued at $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,256 shares of company stock valued at $2,462,487 over the last 90 days. 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.