Burney Co. Has $14.41 Million Stock Position in Capital One Financial Co. (NYSE:COF)

Burney Co. trimmed its position in shares of Capital One Financial Co. (NYSE:COF) by 1.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,795 shares of the financial services provider’s stock after selling 892 shares during the quarter. Burney Co.’s holdings in Capital One Financial were worth $14,407,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Meridian Financial Partners LLC raised its holdings in shares of Capital One Financial by 1.6% during the 4th quarter. Meridian Financial Partners LLC now owns 5,547 shares of the financial services provider’s stock valued at $989,000 after purchasing an additional 88 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of Capital One Financial by 20.0% during the 4th quarter. Park Avenue Securities LLC now owns 24,679 shares of the financial services provider’s stock worth $4,401,000 after acquiring an additional 4,119 shares in the last quarter. Kathmere Capital Management LLC boosted its position in Capital One Financial by 5.4% during the fourth quarter. Kathmere Capital Management LLC now owns 3,525 shares of the financial services provider’s stock worth $629,000 after purchasing an additional 182 shares during the period. Rockland Trust Co. bought a new position in Capital One Financial in the 4th quarter worth $387,000. Finally, Fifth Third Wealth Advisors LLC raised its stake in Capital One Financial by 5.0% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 4,942 shares of the financial services provider’s stock valued at $881,000 after purchasing an additional 234 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Ratings Changes

COF has been the subject of several analyst reports. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday. Barclays upgraded shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $158.00 to $219.00 in a research report on Monday, January 6th. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and increased their price objective for the company from $168.00 to $235.00 in a research report on Monday. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a research report on Tuesday. Finally, Royal Bank of Canada lifted their price target on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research report on Friday, October 25th. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $188.06.

Insider Activity

In related news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction 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. This trade represents a 28.47 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the sale, the insider now owns 44,711 shares of the company’s stock, valued at $7,153,760. The trade was a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is currently owned by company insiders.

Capital One Financial Trading Up 2.4 %

Shares of COF stock opened at $189.12 on Wednesday. The company has a market capitalization of $72.10 billion, a PE ratio of 17.86, a price-to-earnings-growth ratio of 1.36 and a beta of 1.46. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 12-month low of $123.23 and a 12-month high of $198.30. The firm has a 50 day moving average price of $183.63 and a two-hundred day moving average price of $159.54.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same quarter last year, the firm earned $4.45 earnings per share. The company’s revenue was up 6.8% on a year-over-year basis. As a group, analysts predict that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.27%. Capital One Financial’s dividend payout ratio is presently 22.66%.

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.