Capital One Financial Co. (NYSE:COF) Shares Sold by Thomasville National Bank

Thomasville National Bank reduced its holdings in Capital One Financial Co. (NYSE:COF) by 3.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,743 shares of the financial services provider’s stock after selling 641 shares during the quarter. Thomasville National Bank’s holdings in Capital One Financial were worth $3,719,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Bfsg LLC acquired a new stake in Capital One Financial in the 4th quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Capital One Financial during the 4th quarter valued at $27,000. TruNorth Capital Management LLC bought a new position in Capital One Financial during the 4th quarter valued at $29,000. SBI Securities Co. Ltd. bought a new position in Capital One Financial during the 4th quarter valued at $32,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in Capital One Financial during the 4th quarter valued at $41,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $197.48 on Friday. The stock has a market cap of $75.66 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. The business has a fifty day simple moving average of $183.69 and a 200-day simple moving average of $185.40. 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 Co. has a 12 month low of $128.23 and a 12 month high of $210.67.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping the consensus estimate of $3.75 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10 billion during the quarter, compared to analysts’ expectations of $10.07 billion. On average, sell-side analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $2.40 annualized dividend and a dividend yield of 1.22%. Capital One Financial’s dividend payout ratio is 20.15%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and increased their price target for the company from $190.00 to $200.00 in a research note on Tuesday, March 11th. Bank of America increased their price target on Capital One Financial from $223.00 to $233.00 and gave the company a “buy” rating in a research note on Wednesday, May 21st. JPMorgan Chase & Co. decreased their price target on Capital One Financial from $198.00 to $170.00 and set a “neutral” rating for the company in a research note on Tuesday, April 8th. Wells Fargo & Company raised their price objective on Capital One Financial from $210.00 to $225.00 and gave the stock an “overweight” rating in a research note on Thursday, April 24th. Finally, Royal Bank of Canada set a $190.00 price objective on Capital One Financial and gave the stock a “sector perform” rating in a research note on Monday, April 14th. Four equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus price target of $210.64.

Insider Buying and Selling

In related news, Director Ann F. Hackett sold 1,658 shares of the stock in a transaction on Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the completion of the sale, the director now directly owns 56,244 shares in the company, valued at approximately $11,175,682.80. This trade represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Zamsky sold 9,560 shares of the firm’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $199.40, for a total value of $1,906,264.00. Following the transaction, the insider now owns 20,089 shares in the company, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by corporate insiders.

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.