Cadence Bank NA Has $365,000 Stake in Capital One Financial Corporation (COF)

Cadence Bank NA raised its stake in Capital One Financial Corporation (NYSE:COF) by 3.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,189 shares of the financial services provider’s stock after buying an additional 121 shares during the period. Cadence Bank NA’s holdings in Capital One Financial Corporation were worth $365,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Wilbanks Smith & Thomas Asset Management LLC increased its position in Capital One Financial Corporation by 0.3% in the third quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 15,839 shares of the financial services provider’s stock valued at $1,138,000 after buying an additional 54 shares during the last quarter. Peddock Capital Advisors LLC boosted its stake in Capital One Financial Corporation by 0.8% in the third quarter. Peddock Capital Advisors LLC now owns 9,316 shares of the financial services provider’s stock worth $669,000 after buying an additional 71 shares during the period. First National Trust Co. boosted its stake in Capital One Financial Corporation by 0.3% in the third quarter. First National Trust Co. now owns 21,293 shares of the financial services provider’s stock worth $1,530,000 after buying an additional 74 shares during the period. Canal Capital Management LLC boosted its stake in Capital One Financial Corporation by 1.0% in the third quarter. Canal Capital Management LLC now owns 8,423 shares of the financial services provider’s stock worth $605,000 after buying an additional 80 shares during the period. Finally, Checchi Capital Advisers LLC boosted its stake in Capital One Financial Corporation by 4.0% in the third quarter. Checchi Capital Advisers LLC now owns 3,968 shares of the financial services provider’s stock worth $285,000 after buying an additional 154 shares during the period. 91.25% of the stock is currently owned by hedge funds and other institutional investors.

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

Capital One Financial Corporation (NYSE:COF) opened at 88.40 on Friday. The firm has a 50-day moving average of $88.16 and a 200-day moving average of $78.31. Capital One Financial Corporation has a 52 week low of $58.03 and a 52 week high of $91.64. The company has a market capitalization of $42.74 billion, a PE ratio of 12.82 and a beta of 1.24.

Capital One Financial Corporation (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 24th. The financial services provider reported $1.45 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.61 by $0.16. Capital One Financial Corporation had a return on equity of 8.06% and a net margin of 13.63%. The firm had revenue of $6.57 billion for the quarter, compared to the consensus estimate of $6.66 billion. During the same period last year, the company posted $1.58 EPS. The business’s revenue was up 6.0% on a year-over-year basis. Equities analysts expect that Capital One Financial Corporation will post $7.91 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 24th. Stockholders of record on Monday, February 13th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date is Thursday, February 9th. Capital One Financial Corporation’s dividend payout ratio (DPR) is presently 23.26%.

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COF has been the subject of a number of recent analyst reports. Jefferies Group LLC restated a “hold” rating and set a $69.00 price target on shares of Capital One Financial Corporation in a report on Friday, October 28th. Oppenheimer Holdings, Inc. restated an “underperform” rating and set a $60.00 price target (up from $59.00) on shares of Capital One Financial Corporation in a report on Sunday, October 30th. Stifel Nicolaus cut shares of Capital One Financial Corporation from a “buy” rating to a “hold” rating and upped their price target for the company from $76.00 to $84.00 in a report on Monday, November 14th. Robert W. Baird cut shares of Capital One Financial Corporation from an “outperform” rating to a “neutral” rating and upped their price target for the company from $78.00 to $82.00 in a report on Wednesday, November 16th. Finally, Wedbush restated a “neutral” rating and set a $88.00 price target (up from $78.00) on shares of Capital One Financial Corporation in a report on Thursday, December 1st. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $83.66.

In related news, Director Lewis Hay III sold 12,515 shares of the company’s stock in a transaction that occurred on Monday, December 12th. The shares were sold at an average price of $90.43, for a total transaction of $1,131,731.45. Following the completion of the transaction, the director now directly owns 50,151 shares in the company, valued at approximately $4,535,154.93. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Richard D. Fairbank sold 600,000 shares of the company’s stock in a transaction that occurred on Friday, January 27th. The stock was sold at an average price of $89.12, for a total transaction of $53,472,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 791,047 shares of company stock valued at $70,401,849. 1.94% of the stock is currently owned by insiders.

About Capital One Financial Corporation

5 Day Chart for NYSE:COF

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:COF).

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