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

Crossmark Global Holdings Inc. reduced its position in Capital One Financial Co. (NYSE:COF) by 36.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,587 shares of the financial services provider’s stock after selling 19,052 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Capital One Financial were worth $5,989,000 at the end of the most recent quarter.

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

Insider Activity

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value 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. The trade was a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kara West sold 721 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now owns 12,929 shares of the company’s stock, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,256 shares of company stock valued at $2,462,487 in the last ninety days. 1.30% of the stock is owned by insiders.

Capital One Financial Stock Up 1.3 %

Shares of NYSE:COF opened at $193.42 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 stock 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 company has a 50 day moving average of $183.84 and a 200-day moving average of $160.98. Capital One Financial Co. has a one year low of $128.23 and a one year high of $198.30.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10,220,675.12 billion. During the same quarter in the previous year, the company posted $2.81 EPS. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. On average, sell-side analysts forecast that Capital One Financial Co. will post 13.53 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

Wall Street Analysts Forecast Growth

COF has been the subject of several analyst reports. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a report on Tuesday, January 14th. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Bank of America downgraded shares of Capital One Financial from a “buy” rating to a “neutral” rating and cut their price target for the company from $203.00 to $200.00 in a report on Monday, December 9th. Finally, Barclays raised shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $158.00 to $219.00 in a report on Monday, January 6th. Ten research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, Capital One Financial has a consensus rating of “Hold” and an average price target 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.