Sumitomo Mitsui Trust Group Inc. Sells 4,442 Shares of Capital One Financial Co. (NYSE:COF)

Sumitomo Mitsui Trust Group Inc. decreased its stake in shares of Capital One Financial Co. (NYSE:COF) by 0.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 866,605 shares of the financial services provider’s stock after selling 4,442 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 0.23% of Capital One Financial worth $154,533,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Strategic Financial Concepts LLC bought a new position in Capital One Financial during the fourth quarter valued at about $6,328,000. Bleakley Financial Group LLC increased its position in shares of Capital One Financial by 4.9% during the fourth quarter. Bleakley Financial Group LLC now owns 7,789 shares of the financial services provider’s stock valued at $1,389,000 after purchasing an additional 367 shares during the period. Brandywine Oak Private Wealth LLC acquired a new position in shares of Capital One Financial in the fourth quarter valued at $209,000. Money Concepts Capital Corp lifted its position in Capital One Financial by 4.1% in the fourth quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock worth $279,000 after purchasing an additional 61 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in Capital One Financial by 20.1% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 50,508 shares of the financial services provider’s stock worth $9,021,000 after buying an additional 8,466 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on COF shares. Royal Bank of Canada raised their price objective on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 22nd. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Barclays upped their price objective on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. Argus upgraded Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Finally, Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and lowered their price target for the company from $203.00 to $200.00 in a research report on Monday, December 9th. Nine research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $196.31.

Insider Transactions at Capital One Financial

In related news, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction that occurred on 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 transaction, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Trading Down 1.7 %

Shares of COF opened at $203.13 on Friday. The stock’s fifty day simple moving average is $188.08 and its 200-day simple moving average is $166.17. The firm has a market capitalization of $77.44 billion, a PE ratio of 17.53, a price-to-earnings-growth ratio of 1.24 and a beta of 1.47. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $208.63. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the firm earned $2.81 EPS. As a group, research analysts predict that Capital One Financial Co. will post 15.44 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.18%. Capital One Financial’s dividend payout ratio (DPR) is currently 20.71%.

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.