Crossmark Global Holdings Inc. Has $6.63 Million Stock Holdings in Capital One Financial Corporation (NYSE:COF)

Crossmark Global Holdings Inc. increased its position in Capital One Financial Corporation (NYSE:COF) by 10.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,997 shares of the financial services provider's stock after buying an additional 3,410 shares during the period. Crossmark Global Holdings Inc.'s holdings in Capital One Financial were worth $6,634,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. SBI Securities Co. Ltd. acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $32,000. Beacon Capital Management LLC grew its stake in shares of Capital One Financial by 118.3% in the 1st quarter. Beacon Capital Management LLC now owns 179 shares of the financial services provider's stock valued at $32,000 after buying an additional 97 shares during the period. Murphy & Mullick Capital Management Corp bought a new position in Capital One Financial in the 4th quarter valued at about $41,000. Rossby Financial LCC bought a new position in Capital One Financial in the 1st quarter valued at about $48,000. Finally, Bernard Wealth Management Corp. bought a new position in Capital One Financial in the 1st quarter valued at about $54,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on COF shares. Baird R W raised shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Barclays reaffirmed an "overweight" rating and issued a $253.00 price target (up previously from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. Evercore ISI raised shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target on the stock in a research report on Wednesday, March 12th. JPMorgan Chase & Co. raised their price target on shares of Capital One Financial from $183.00 to $210.00 and gave the company a "neutral" rating in a research report on Thursday, June 26th. Finally, Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and raised their price target for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Four equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $215.86.

Capital One Financial Trading Down 1.3%

Shares of COF stock opened at $218.07 on Tuesday. The company's fifty day simple moving average is $197.07 and its two-hundred day simple moving average is $188.01. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.98 and a quick ratio of 0.97. Capital One Financial Corporation has a 1 year low of $128.23 and a 1 year high of $221.95. The stock has a market capitalization of $83.55 billion, a price-to-earnings ratio of 18.31, a PEG ratio of 0.93 and a beta of 1.15.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. Capital One Financial had a net margin of 9.65% and a return on equity of 9.63%. The business had revenue of $10 billion for the quarter, compared to analysts' expectations of $10.07 billion. As a group, analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd were issued a dividend of $0.60 per share. The ex-dividend date was Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a yield of 1.10%. Capital One Financial's payout ratio is 20.15%.

Insiders Place Their Bets

In other news, Director Ann F. Hackett sold 1,658 shares of the business's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the completion of the transaction, the director directly owned 56,244 shares in the company, valued at $11,175,682.80. The trade was a 2.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Michael Zamsky sold 9,560 shares of the business's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the transaction, the insider owned 20,089 shares of the company's stock, valued at $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.26% 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.

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