Kanawha Capital Management LLC Sells 625 Shares of Capital One Financial Co. (NYSE:COF)

Kanawha Capital Management LLC lessened its stake in shares of Capital One Financial Co. (NYSE:COF) by 1.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,402 shares of the financial services provider’s stock after selling 625 shares during the quarter. Kanawha Capital Management LLC’s holdings in Capital One Financial were worth $5,560,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Householder Group Estate & Retirement Specialist LLC lifted its holdings in shares of 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 during the last quarter. Bartlett & Co. LLC lifted its holdings in shares of Capital One Financial by 726.7% during the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares during the last quarter. Resurgent Financial Advisors LLC purchased a new stake in shares of Capital One Financial during the 4th quarter valued at $34,000. Sound Income Strategies LLC lifted its holdings in shares of Capital One Financial by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 139 shares during the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in shares of Capital One Financial during the 2nd quarter valued at $37,000. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on COF shares. Deutsche Bank Aktiengesellschaft started coverage on Capital One Financial in a report on Wednesday, January 10th. They set a “hold” rating and a $153.00 price objective for the company. Wells Fargo & Company increased their price target on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday. Barclays raised their target price on Capital One Financial from $114.00 to $154.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 2nd. Morgan Stanley upgraded Capital One Financial from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $87.00 to $120.00 in a report on Wednesday, December 13th. Finally, UBS Group lifted their price objective on Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a report on Thursday, February 29th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $137.05.

Capital One Financial Price Performance

COF traded up $0.40 during trading on Thursday, reaching $140.34. The company’s stock had a trading volume of 2,131,412 shares, compared to its average volume of 2,697,661. The company has a market cap of $53.38 billion, a price-to-earnings ratio of 11.69, a PEG ratio of 1.03 and a beta of 1.48. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.85. The firm has a fifty day simple moving average of $138.71 and a two-hundred day simple moving average of $122.16. Capital One Financial Co. has a 1 year low of $83.93 and a 1 year high of $149.27.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 EPS for the quarter, missing the consensus estimate of $2.50 by ($0.26). The firm had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.45 billion. Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. As a group, analysts anticipate that Capital One Financial Co. will post 13.87 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend was Friday, February 9th. Capital One Financial’s payout ratio is 20.08%.

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.