Eagle Rock Investment Company LLC Sells 188 Shares of Capital One Financial Co. (NYSE:COF)

Eagle Rock Investment Company LLC lowered its holdings in shares of Capital One Financial Co. (NYSE:COF) by 0.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 20,970 shares of the financial services provider’s stock after selling 188 shares during the period. Eagle Rock Investment Company LLC’s holdings in Capital One Financial were worth $3,739,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC purchased a new stake in Capital One Financial during the third quarter valued at about $36,000. Creative Financial Designs Inc. ADV lifted its stake in shares of Capital One Financial by 135.0% in the 3rd 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. Eastern Bank purchased a new stake in Capital One Financial during the 3rd quarter valued at about $44,000. Prospera Private Wealth LLC bought a new position in Capital One Financial during the 3rd quarter worth approximately $47,000. Finally, Concord Wealth Partners increased its stake in Capital One Financial by 115.3% in the 3rd quarter. Concord Wealth Partners now owns 323 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 173 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on COF. Citigroup started coverage on Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 price objective for the company. Bank of America cut shares of Capital One Financial from a “buy” rating to a “neutral” rating and dropped their price target for the company from $203.00 to $200.00 in a research report on Monday, December 9th. Barclays raised shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $158.00 to $219.00 in a report on Monday, January 6th. Robert W. Baird upped 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. Finally, The Goldman Sachs Group raised their target price on 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 analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $188.06.

Capital One Financial Stock Down 1.1 %

COF stock opened at $188.52 on Friday. The company has a market capitalization of $71.87 billion, a price-to-earnings ratio of 17.80, a price-to-earnings-growth ratio of 1.12 and a beta of 1.46. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The business’s 50 day moving average price is $183.63 and its two-hundred day moving average price is $159.76. Capital One Financial Co. has a fifty-two week low of $123.23 and a fifty-two week high of $198.30.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.81. The company had revenue of $10 billion for 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%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $4.45 earnings per share. As a group, analysts forecast that Capital One Financial Co. will post 13.41 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 Friday, November 22nd. Investors of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.27%. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

Insider Activity at Capital One Financial

In related news, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the sale, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,256 shares of company stock valued at $2,462,487 in the last three months. 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.