Fulton Bank N.A. Has $539,000 Stock Holdings in Capital One Financial Co. (NYSE:COF)

Fulton Bank N.A. reduced its stake in shares of Capital One Financial Co. (NYSE:COF) by 8.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,022 shares of the financial services provider’s stock after selling 290 shares during the period. Fulton Bank N.A.’s holdings in Capital One Financial were worth $539,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Y.D. More Investments Ltd acquired a new position in Capital One Financial in the 2nd quarter worth about $28,000. Catalyst Capital Advisors LLC acquired a new position in Capital One Financial in the third quarter worth approximately $36,000. Strategic Financial Concepts LLC bought a new position in Capital One Financial during the second quarter valued at approximately $42,000. Creative Financial Designs Inc. ADV lifted its stake in Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 166 shares during the last quarter. Finally, Eastern Bank bought a new stake in Capital One Financial in the third quarter worth approximately $44,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

COF has been the subject of several analyst reports. Robert W. Baird lifted their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Barclays upgraded Capital One Financial from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $158.00 to $219.00 in a research note on Monday. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Citigroup started coverage on Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 target price for the company. Finally, The Goldman Sachs Group boosted their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Ten research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $181.12.

Capital One Financial Trading Down 1.1 %

Capital One Financial stock opened at $179.84 on Friday. Capital One Financial Co. has a 12 month low of $123.23 and a 12 month high of $198.30. The stock has a market cap of $68.56 billion, a price-to-earnings ratio of 16.98, a price-to-earnings-growth ratio of 1.36 and a beta of 1.46. The business has a 50 day moving average price of $182.66 and a two-hundred day moving average price of $158.31. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping the consensus estimate of $3.70 by $0.81. The firm had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. Capital One Financial’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period last year, the business earned $4.45 earnings per share. As a group, equities analysts forecast that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.33%. Capital One Financial’s payout ratio is currently 22.66%.

Insiders Place Their Bets

In related news, insider Frank G. LapradeIii sold 15,751 shares of the business’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the sale, the insider now owns 44,711 shares of the company’s stock, valued at $7,153,760. The trade was a 26.05 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the stock in a transaction 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 transaction, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock worth $4,982,647 over the last quarter. Company insiders own 1.30% of the company’s stock.

About Capital One Financial

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.