Daymark Wealth Partners LLC Trims Holdings in Capital One Financial Co. (NYSE:COF)

Daymark Wealth Partners LLC cut its position in shares of Capital One Financial Co. (NYSE:COF) by 57.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,775 shares of the financial services provider’s stock after selling 5,088 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Capital One Financial were worth $673,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of COF. 1832 Asset Management L.P. grew its stake in Capital One Financial by 12.9% in the 2nd quarter. 1832 Asset Management L.P. now owns 19,236 shares of the financial services provider’s stock worth $2,663,000 after acquiring an additional 2,205 shares during the period. Gabelli Funds LLC grew its position in shares of Capital One Financial by 1.0% in the second quarter. Gabelli Funds LLC now owns 15,450 shares of the financial services provider’s stock valued at $2,139,000 after purchasing an additional 150 shares during the period. Evergreen Capital Management LLC increased its stake in Capital One Financial by 11.2% in the second quarter. Evergreen Capital Management LLC now owns 4,283 shares of the financial services provider’s stock valued at $593,000 after purchasing an additional 430 shares during the last quarter. Marshall Wace LLP lifted its position in Capital One Financial by 2,960.8% during the second quarter. Marshall Wace LLP now owns 222,186 shares of the financial services provider’s stock worth $30,762,000 after buying an additional 214,927 shares during the period. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in Capital One Financial by 60.5% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 73,190 shares of the financial services provider’s stock worth $10,133,000 after buying an additional 27,576 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the sale, the insider now directly owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the sale, the insider now owns 26,482 shares in the company, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,256 shares of company stock valued at $2,462,487 over the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

Capital One Financial Stock Up 1.6 %

COF opened at $204.14 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $207.24. The stock’s 50 day moving average price is $184.29 and its 200 day moving average price is $161.66. The stock has a market cap of $77.82 billion, a P/E ratio of 17.61, a P/E/G ratio of 1.24 and a beta of 1.46.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10,220,675.12 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.50%. The company’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.81 earnings per share. As a group, research analysts predict that Capital One Financial Co. will post 15.22 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s payout ratio is currently 20.71%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. The Goldman Sachs Group upped their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Wells Fargo & Company boosted their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and reduced their target price for the company from $203.00 to $200.00 in a research note on Monday, December 9th. Finally, Royal Bank of Canada increased their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Ten research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, Capital One Financial has an average rating of “Hold” and an average target price of $190.47.

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.