Arvest Bank Trust Division Has $9.68 Million Stock Position in Capital One Financial Co. (NYSE:COF)

Arvest Bank Trust Division cut its position in Capital One Financial Co. (NYSE:COF) by 2.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,296 shares of the financial services provider’s stock after selling 1,201 shares during the quarter. Arvest Bank Trust Division’s holdings in Capital One Financial were worth $9,682,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Bfsg LLC bought a new stake in Capital One Financial during the 4th quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC acquired a new stake in shares of Capital One Financial in the fourth quarter worth $29,000. Decker Retirement Planning Inc. bought a new position in Capital One Financial during the fourth quarter worth $32,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Capital One Financial in the 4th quarter worth $32,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on COF. Robert W. Baird raised 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. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Baird R W raised Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 11th. Finally, Wells Fargo & Company increased their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $206.07.

Capital One Financial Trading Down 2.1 %

NYSE:COF opened at $160.13 on Thursday. The company has a market cap of $61.09 billion, a P/E ratio of 13.82, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The business has a 50 day moving average price of $179.62 and a two-hundred day moving average price of $179.19. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. The company 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%. Capital One Financial’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 EPS. As a group, analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.50%. Capital One Financial’s dividend payout ratio is presently 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.