Sunpointe LLC Has $801,000 Stock Position in Capital One Financial Corporation $COF

Sunpointe LLC lessened its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 57.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,767 shares of the financial services provider’s stock after selling 5,100 shares during the period. Sunpointe LLC’s holdings in Capital One Financial were worth $801,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of COF. Mather Group LLC. lifted its holdings in Capital One Financial by 1.0% during the 3rd quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock worth $965,000 after buying an additional 47 shares during the period. Optas LLC raised its position in shares of Capital One Financial by 1.4% during the third quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock worth $741,000 after acquiring an additional 49 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in shares of Capital One Financial by 1.1% in the third quarter. Nations Financial Group Inc. IA ADV now owns 4,450 shares of the financial services provider’s stock worth $946,000 after acquiring an additional 49 shares during the period. Bridges Investment Management Inc. boosted its holdings in Capital One Financial by 0.4% in the third quarter. Bridges Investment Management Inc. now owns 11,251 shares of the financial services provider’s stock valued at $2,392,000 after acquiring an additional 49 shares during the last quarter. Finally, Culbertson A N & Co. Inc. boosted its holdings in Capital One Financial by 0.4% in the second quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock valued at $2,418,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $193.96 on Friday. The business has a 50-day simple moving average of $223.12 and a 200 day simple moving average of $222.30. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $259.64. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a market capitalization of $120.63 billion, a price-to-earnings ratio of 65.53, a PEG ratio of 0.59 and a beta of 1.14.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.Capital One Financial’s quarterly revenue was up 53.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.67 earnings per share. On average, research analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th were paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Thursday, February 19th. Capital One Financial’s payout ratio is 108.11%.

Analysts Set New Price Targets

Several research analysts have issued reports on COF shares. Zacks Research lowered shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a research report on Friday, January 23rd. The Goldman Sachs Group reissued a “buy” rating and issued a $300.00 price objective on shares of Capital One Financial in a research report on Tuesday, January 6th. Keefe, Bruyette & Woods upped their target price on Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. Finally, Morgan Stanley lifted their target price on Capital One Financial from $280.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $274.70.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 2,108 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $218.25, for a total transaction of $460,071.00. Following the transaction, the insider owned 59,269 shares in the company, valued at approximately $12,935,459.25. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Lia Dean sold 3,284 shares of Capital One Financial stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total transaction of $734,565.12. Following the transaction, the insider owned 70,162 shares of the company’s stock, valued at $15,693,836.16. This represents a 4.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 67,933 shares of company stock worth $14,363,897 in the last ninety days. 1.26% of the stock is currently owned by corporate insiders.

Capital One Financial Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.