Park National Corp OH Has $20.66 Million Stock Holdings in Capital One Financial Corporation $COF

Park National Corp OH trimmed its holdings in Capital One Financial Corporation (NYSE:COF) by 4.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 85,263 shares of the financial services provider’s stock after selling 3,649 shares during the quarter. Park National Corp OH’s holdings in Capital One Financial were worth $20,664,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cortland Associates Inc. MO bought a new stake in Capital One Financial in the third quarter valued at about $14,391,000. CIBC Asset Management Inc boosted its holdings in Capital One Financial by 53.9% during the second quarter. CIBC Asset Management Inc now owns 88,505 shares of the financial services provider’s stock worth $18,830,000 after buying an additional 30,991 shares during the last quarter. Meridian Wealth Management LLC grew its position in shares of Capital One Financial by 334.8% during the 3rd quarter. Meridian Wealth Management LLC now owns 9,404 shares of the financial services provider’s stock worth $1,999,000 after buying an additional 7,241 shares during the period. Montecito Bank & Trust acquired a new position in shares of Capital One Financial during the 3rd quarter worth about $647,000. Finally, National Pension Service increased its stake in shares of Capital One Financial by 4.0% in the 3rd quarter. National Pension Service now owns 1,552,736 shares of the financial services provider’s stock valued at $330,081,000 after acquiring an additional 59,100 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Down 0.2%

NYSE:COF opened at $179.73 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04. The business’s 50-day simple moving average is $209.74 and its 200-day simple moving average is $219.63. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $259.64. The stock has a market capitalization of $111.78 billion, a PE ratio of 60.72, a price-to-earnings-growth ratio of 0.54 and a beta of 1.14.

Capital One Financial (NYSE:COFGet Free Report) last posted its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). The business had revenue of $15.62 billion for the quarter, compared to the consensus estimate of $15.49 billion. Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.Capital One Financial’s revenue for the quarter was up 53.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.67 earnings per share. Sell-side analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.8%. Capital One Financial’s dividend payout ratio is currently 108.11%.

Analyst Upgrades and Downgrades

COF has been the topic of a number of analyst reports. Zacks Research downgraded shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Truist Financial decreased their price objective on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a report on Monday, January 26th. Wolfe Research lowered their target price on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating for the company in a research note on Friday, January 23rd. Jefferies Financial Group reiterated a “buy” rating and issued a $300.00 target price on shares of Capital One Financial in a report on Monday. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $275.95.

Check Out Our Latest Stock Report on COF

Insider Buying and Selling at Capital One Financial

In related news, insider Celia Karam sold 2,108 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $218.25, for a total transaction of $460,071.00. Following the sale, the insider directly owned 59,269 shares in the company, valued at $12,935,459.25. This trade represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Jason P. Hanson sold 3,729 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total transaction of $764,445.00. Following the completion of the sale, the insider directly owned 40,230 shares in the company, valued at $8,247,150. This represents a 8.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 67,933 shares of company stock valued at $14,363,897 over the last quarter. 1.26% of the stock is currently owned by corporate insiders.

More Capital One Financial News

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Capital One Financial Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corporation (NYSE:COFFree Report).

Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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