Trustmark National Bank Trust Department Raises Stake in Capital One Financial Co. (NYSE:COF)

Trustmark National Bank Trust Department lifted its stake in shares of Capital One Financial Co. (NYSE:COF) by 31.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,801 shares of the financial services provider’s stock after purchasing an additional 1,382 shares during the quarter. Trustmark National Bank Trust Department’s holdings in Capital One Financial were worth $1,034,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Bfsg LLC purchased a new position in shares of Capital One Financial in the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Capital One Financial in the 4th quarter valued at about $27,000. TruNorth Capital Management LLC purchased a new position in Capital One Financial during the 4th quarter valued at about $29,000. Decker Retirement Planning Inc. acquired a new position in Capital One Financial during the fourth quarter worth about $32,000. Finally, SBI Securities Co. Ltd. acquired a new position in Capital One Financial during the fourth quarter worth about $32,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on COF. JPMorgan Chase & Co. reduced their price objective on Capital One Financial from $198.00 to $170.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 8th. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Evercore ISI upgraded shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price on the stock in a research report on Wednesday, March 12th. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. Finally, Robert W. Baird upgraded Capital One Financial from a “neutral” rating to an “outperform” rating and upped their target price for the company from $190.00 to $200.00 in a research note on Tuesday, March 11th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $206.73.

Capital One Financial Stock Up 0.9 %

NYSE:COF opened at $162.37 on Tuesday. The stock has a 50-day simple moving average of $181.35 and a 200 day simple moving average of $179.44. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The company has a market capitalization of $61.94 billion, a price-to-earnings ratio of 14.01, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

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

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.48%. Capital One Financial’s payout ratio is currently 20.71%.

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.