Tobam Has $220,000 Stock Position in Capital One Financial Co. (NYSE:COF)

Tobam lessened its stake in shares of Capital One Financial Co. (NYSE:COF) by 14.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,236 shares of the financial services provider’s stock after selling 213 shares during the period. Tobam’s holdings in Capital One Financial were worth $220,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial during the fourth quarter valued at approximately $32,000. Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial during the 3rd quarter valued at $36,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares in the last quarter. Eastern Bank acquired a new stake in shares of Capital One Financial in the third quarter worth $44,000. Finally, Prospera Private Wealth LLC purchased a new position in shares of Capital One Financial during the third quarter valued at $47,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

NYSE:COF opened at $203.13 on Friday. The firm has a market capitalization of $77.44 billion, a PE ratio of 17.53, a PEG ratio of 1.24 and a beta of 1.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $208.63. The firm’s fifty day simple moving average is $188.08 and its 200 day simple moving average is $166.17.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.81 EPS. On average, sell-side analysts anticipate that Capital One Financial Co. will post 15.44 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed 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 annualized dividend and a dividend yield of 1.18%. Capital One Financial’s payout ratio is 20.71%.

Insider Buying and Selling

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value 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 trade represents a 28.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.30% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on COF shares. Evercore ISI increased their price objective on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Keefe, Bruyette & Woods lifted their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. Finally, The Goldman Sachs Group upped their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Nine equities 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 stock. According to MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and an average target price of $196.31.

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.