First Horizon Advisors Inc. Cuts Stock Holdings in Capital One Financial Co. (NYSE:COF)

First Horizon Advisors Inc. lowered its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 38.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,488 shares of the financial services provider's stock after selling 10,256 shares during the quarter. First Horizon Advisors Inc.'s holdings in Capital One Financial were worth $2,162,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of COF. Householder Group Estate & Retirement Specialist LLC raised its position in Capital One Financial by 1,658.3% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider's stock valued at $27,000 after purchasing an additional 199 shares in the last quarter. Bartlett & Co. LLC raised its holdings in shares of Capital One Financial by 726.7% in the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider's stock valued at $33,000 after acquiring an additional 218 shares in the last quarter. Sound Income Strategies LLC lifted its stake in Capital One Financial by 109.4% in the fourth quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider's stock worth $35,000 after acquiring an additional 139 shares during the period. Venturi Wealth Management LLC grew its holdings in Capital One Financial by 66.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 393 shares of the financial services provider's stock worth $38,000 after acquiring an additional 157 shares in the last quarter. Finally, MV Capital Management Inc. increased its position in Capital One Financial by 43.9% during the 4th quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider's stock valued at $45,000 after purchasing an additional 105 shares during the period. Institutional investors own 89.84% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Piper Sandler increased their price objective on shares of Capital One Financial from $126.00 to $142.00 and gave the company a "neutral" rating in a research note on Friday, February 23rd. Keefe, Bruyette & Woods reissued an "outperform" rating and issued a $159.00 price target on shares of Capital One Financial in a research report on Wednesday, March 27th. Royal Bank of Canada upped their price objective on Capital One Financial from $142.00 to $150.00 and gave the stock a "sector perform" rating in a research note on Wednesday, February 21st. Evercore ISI lifted their target price on Capital One Financial from $142.00 to $155.00 and gave the company an "in-line" rating in a research note on Thursday, March 28th. Finally, JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $134.00 to $152.00 and gave the company a "neutral" rating in a research report on Wednesday, April 3rd. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Capital One Financial has a consensus rating of "Hold" and a consensus price target of $138.50.

Insider Activity at Capital One Financial

In related news, insider Timothy P. Golden sold 8,656 shares of the business's stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the completion of the transaction, the insider now directly owns 10,246 shares in the company, valued at $1,475,833.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.30% of the stock is currently owned by insiders.

Capital One Financial Stock Performance

Shares of NYSE:COF traded up $0.60 on Friday, hitting $142.41. 1,638,256 shares of the company were exchanged, compared to its average volume of 2,520,853. Capital One Financial Co. has a 1-year low of $83.93 and a 1-year high of $149.94. The stock's 50 day moving average price is $141.17 and its 200 day moving average price is $127.55. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $54.14 billion, a P/E ratio of 11.15, a price-to-earnings-growth ratio of 1.03 and a beta of 1.46.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing the consensus estimate of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The company had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. During the same quarter in the previous year, the firm posted $2.31 earnings per share. The company's quarterly revenue was up 5.6% on a year-over-year basis. Sell-side analysts predict that Capital One Financial Co. will post 13.7 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Monday, May 13th will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a yield of 1.69%. Capital One Financial's dividend payout ratio is presently 18.79%.

Capital One Financial 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.