Capital One Financial Corporation $COF Holdings Lowered by Burney Co.

Burney Co. cut its stake in Capital One Financial Corporation (NYSE:COF) by 25.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,039 shares of the financial services provider’s stock after selling 63,583 shares during the period. Capital One Financial makes up approximately 1.3% of Burney Co.’s investment portfolio, making the stock its 12th biggest position. Burney Co.’s holdings in Capital One Financial were worth $39,761,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in COF. Eagle Bay Advisors LLC increased its position in shares of Capital One Financial by 3.6% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock valued at $299,000 after purchasing an additional 49 shares during the period. Optas LLC boosted its stake in Capital One Financial by 1.4% during the third quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock valued at $741,000 after buying an additional 49 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. boosted its stake in Capital One Financial by 0.3% during the second quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock valued at $3,532,000 after buying an additional 50 shares in the last quarter. Atlantic Edge Private Wealth Management LLC grew its holdings in Capital One Financial by 66.7% during the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 50 shares during the period. Finally, Culbertson A N & Co. Inc. raised its position in Capital One Financial by 0.4% in the second quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock worth $2,418,000 after acquiring an additional 50 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 0.5%

Shares of NYSE:COF opened at $249.58 on Friday. The firm has a 50 day simple moving average of $224.67 and a 200 day simple moving average of $218.50. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $249.73. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market cap of $158.67 billion, a PE ratio of 105.31, a price-to-earnings-growth ratio of 0.57 and a beta of 1.16.

Capital One Financial (NYSE:COF) last announced its earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. The company had revenue of $15.46 billion for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. As a group, research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were paid a $0.80 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $3.20 annualized dividend and a yield of 1.3%. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio (DPR) is currently 135.02%.

Insider Activity

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $221.54, for a total transaction of $443,080.00. Following the transaction, the general counsel owned 94,486 shares of the company’s stock, valued at $20,932,428.44. The trade was a 2.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Neal Blinde sold 43,200 shares of the company’s stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $221.83, for a total value of $9,583,056.00. Following the completion of the transaction, the insider owned 73,020 shares in the company, valued at $16,198,026.60. This represents a 37.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 280,218 shares of company stock worth $62,395,804. Corporate insiders own 1.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of Capital One Financial from $240.00 to $263.00 and gave the company a “hold” rating in a report on Wednesday, December 17th. UBS Group cut their target price on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a research note on Tuesday, October 7th. BTIG Research raised their target price on shares of Capital One Financial from $264.00 to $308.00 and gave the stock a “buy” rating in a report on Friday. JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $235.00 to $237.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 22nd. Finally, Evercore ISI upped their price target on Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $267.45.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.