Vista Investment Management Sells 1,015 Shares of Capital One Financial Co. (NYSE:COF)

Vista Investment Management cut its holdings in shares of Capital One Financial Co. (NYSE:COF) by 7.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,774 shares of the financial services provider’s stock after selling 1,015 shares during the quarter. Vista Investment Management’s holdings in Capital One Financial were worth $2,100,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bfsg LLC acquired a new stake in Capital One Financial in the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Capital One Financial in the 4th quarter valued at about $27,000. TruNorth Capital Management LLC acquired a new stake in Capital One Financial in the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. acquired a new stake in Capital One Financial in the 4th quarter valued at about $32,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in Capital One Financial in the 4th quarter valued at about $41,000. 89.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Wells Fargo & Company raised their target price on shares of Capital One Financial from $210.00 to $225.00 and gave the company an “overweight” rating in a research note on Thursday, April 24th. Royal Bank of Canada set a $190.00 price target on shares of Capital One Financial and gave the company a “sector perform” rating in a report on Monday, April 14th. Finally, Barclays raised their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $207.73.

Capital One Financial Trading Up 0.1%

Shares of COF stock opened at $197.36 on Tuesday. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The firm has a 50 day moving average price of $176.22 and a two-hundred day moving average price of $184.17. The company has a market capitalization of $75.62 billion, a PE ratio of 17.03, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping the consensus estimate of $3.75 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10 billion for the quarter, compared to analysts’ expectations of $10.07 billion. As a group, analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.60 per share. The ex-dividend date is Friday, May 23rd. This represents a $2.40 annualized dividend and a dividend yield of 1.22%. Capital One Financial’s dividend payout ratio is presently 20.15%.

Insider Transactions at Capital One Financial

In other news, Director Ann F. Hackett sold 1,658 shares of the firm’s stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the transaction, the director now directly owns 56,244 shares of the company’s stock, valued at approximately $11,175,682.80. This trade represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the firm’s stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the transaction, the insider now directly owns 20,089 shares in the company, valued at $4,005,746.60. This represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.26% of the company’s stock.

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.