Capital One Financial Co. (NYSE:COF) Shares Sold by First Hawaiian Bank

First Hawaiian Bank cut its holdings in Capital One Financial Co. (NYSE:COF) by 10.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 22,072 shares of the financial services provider’s stock after selling 2,460 shares during the period. First Hawaiian Bank’s holdings in Capital One Financial were worth $3,936,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial in the second quarter valued at $28,000. Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial in the 3rd quarter worth about $36,000. Creative Financial Designs Inc. ADV grew its holdings in Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after buying an additional 166 shares during the period. Eastern Bank acquired a new position in shares of Capital One Financial during the 3rd quarter valued at about $44,000. Finally, Prospera Private Wealth LLC purchased a new position in shares of Capital One Financial during the 3rd quarter worth about $47,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on COF shares. Evercore ISI upped their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Robert W. Baird increased their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Wells Fargo & Company boosted their price target on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Keefe, Bruyette & Woods raised their price objective on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Finally, JPMorgan Chase & Co. boosted their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Ten analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $181.12.

Capital One Financial Stock Down 1.1 %

NYSE COF traded down $2.05 during mid-day trading on Wednesday, reaching $179.84. 2,355,399 shares of the company’s stock traded hands, compared to its average volume of 2,164,192. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 1-year low of $123.23 and a 1-year high of $198.30. The company has a fifty day simple moving average of $182.05 and a 200-day simple moving average of $158.00. The company has a market cap of $68.56 billion, a price-to-earnings ratio of 16.98, a P/E/G ratio of 1.36 and a beta of 1.46.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the previous year, the firm earned $4.45 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year. As a group, equities research analysts expect that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.33%. 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 business’s stock in a transaction 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 completion of the sale, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Kara West sold 721 shares of the firm’s stock in a transaction dated Thursday, November 7th. The stock was 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 in the company, valued at approximately $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. Over the last three months, insiders sold 29,007 shares of company stock worth $4,982,647. Corporate insiders own 1.30% of the company’s stock.

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.