Huntington National Bank Sells 311 Shares of Capital One Financial Co. (NYSE:COF)

Huntington National Bank cut its holdings in Capital One Financial Co. (NYSE:COF) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 35,408 shares of the financial services provider’s stock after selling 311 shares during the quarter. Huntington National Bank’s holdings in Capital One Financial were worth $6,314,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of COF. Vanguard Group Inc. boosted its position in shares of Capital One Financial by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 31,744,818 shares of the financial services provider’s stock worth $5,660,736,000 after purchasing an additional 234,863 shares during the last quarter. State Street Corp boosted its holdings in Capital One Financial by 0.5% during the third quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock worth $2,471,572,000 after buying an additional 74,784 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Capital One Financial by 3.2% during the 4th quarter. Franklin Resources Inc. now owns 10,718,860 shares of the financial services provider’s stock worth $1,911,387,000 after buying an additional 331,595 shares during the period. Geode Capital Management LLC increased its stake in shares of Capital One Financial by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider’s stock valued at $1,467,393,000 after acquiring an additional 207,427 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Capital One Financial by 8.2% during the 4th quarter. Bank of New York Mellon Corp now owns 4,010,648 shares of the financial services provider’s stock worth $715,179,000 after acquiring an additional 304,833 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

NYSE COF opened at $182.27 on Thursday. The firm has a market capitalization of $69.53 billion, a P/E ratio of 15.73, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm’s fifty day moving average price is $189.78 and its two-hundred day moving average price is $178.52. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Capital One Financial’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.81 EPS. As a group, research analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Analyst Ratings Changes

Several equities research analysts have weighed in on COF shares. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $190.00 to $200.00 in a report on Tuesday, March 11th. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. Barclays increased their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. Royal Bank of Canada lifted their price objective on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. Finally, Citigroup lowered their target price on Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, March 24th. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $206.63.

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.