Global Trust Asset Management LLC Has $613,000 Stock Position in Capital One Financial Co. (NYSE:COF)

Global Trust Asset Management LLC lifted its holdings in Capital One Financial Co. (NYSE:COF) by 11.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,436 shares of the financial services provider’s stock after purchasing an additional 343 shares during the period. Global Trust Asset Management LLC’s holdings in Capital One Financial were worth $613,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of COF. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial in the fourth quarter worth about $32,000. Catalyst Capital Advisors LLC bought a new position in shares of Capital One Financial in the 3rd quarter valued at approximately $36,000. Creative Financial Designs Inc. ADV lifted 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 worth $43,000 after purchasing an additional 166 shares during the last quarter. Eastern Bank bought a new stake in Capital One Financial during the third quarter worth approximately $44,000. Finally, Prospera Private Wealth LLC bought a new stake in Capital One Financial during the third quarter worth approximately $47,000. 89.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

COF has been the subject of a number of analyst reports. Robert W. Baird boosted their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. Truist Financial started coverage on shares of Capital One Financial in a report on Tuesday, January 7th. They set a “buy” rating and a $229.00 price target for the company. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a research note on Tuesday, January 14th. Finally, Bank of America downgraded Capital One Financial from a “buy” rating to a “neutral” rating and decreased their target price for the company from $203.00 to $200.00 in a research note on Monday, December 9th. Ten analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $188.12.

Capital One Financial Price Performance

NYSE:COF opened at $193.42 on Wednesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The company has a 50-day moving average of $183.98 and a 200-day moving average of $161.38. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $198.30. The company has a market capitalization of $73.74 billion, a price-to-earnings ratio of 18.26, a PEG ratio of 1.23 and a beta of 1.46.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10,220,675.12 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.81 earnings per share. As a group, equities research analysts anticipate that Capital One Financial Co. will post 13.53 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.24%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio is 22.66%.

Insider Buying and Selling at Capital One Financial

In other news, insider Kara West sold 721 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the sale, the insider now owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This trade represents a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,256 shares of company stock worth $2,462,487 over the last three months. Company 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.