Fulton Bank N.A. Has $496,000 Holdings in Capital One Financial Co. (NYSE:COF)

Fulton Bank N.A. lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 7.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,312 shares of the financial services provider’s stock after selling 264 shares during the quarter. Fulton Bank N.A.’s holdings in Capital One Financial were worth $496,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Silicon Valley Capital Partners bought a new stake in Capital One Financial in the 1st quarter valued at $25,000. LRI Investments LLC bought a new stake in Capital One Financial during the first quarter worth about $25,000. Y.D. More Investments Ltd acquired a new stake in Capital One Financial during the 2nd quarter valued at $28,000. Hobbs Group Advisors LLC bought a new position in shares of Capital One Financial in the second quarter valued at about $29,000. Finally, Bartlett & CO. Wealth Management LLC raised its stake in shares of Capital One Financial by 726.7% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 218 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Barclays boosted their target price on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday. JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research report on Monday. Royal Bank of Canada reiterated a “sector perform” rating and set a $150.00 price objective on shares of Capital One Financial in a report on Thursday, July 25th. Bank of America upped their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Finally, Citigroup started coverage on Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price target for the company. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $148.00.

Capital One Financial Stock Performance

NYSE COF opened at $149.47 on Wednesday. Capital One Financial Co. has a 52-week low of $88.23 and a 52-week high of $154.18. The stock has a market cap of $56.83 billion, a PE ratio of 11.70, a P/E/G ratio of 1.21 and a beta of 1.44. The firm has a 50-day moving average of $142.80 and a 200-day moving average of $141.70. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The business had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.57 billion. During the same quarter last year, the firm earned $3.52 EPS. Capital One Financial’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Capital One Financial Co. will post 12.91 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 annualized dividend and a dividend yield of 1.61%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Insider Activity

In related news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the sale, the chief executive officer now directly owns 40,934 shares in the company, valued at $5,438,491.24. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the completion of the sale, the insider now owns 73,734 shares of the company’s stock, valued at $11,060,100. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the sale, the chief executive officer now owns 40,934 shares of the company’s stock, valued at $5,438,491.24. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Capital One Financial Company 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.