Oliver Luxxe Assets LLC Purchases 250 Shares of Capital One Financial Co. (NYSE:COF)

Oliver Luxxe Assets LLC raised its stake in Capital One Financial Co. (NYSE:COF) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 41,868 shares of the financial services provider’s stock after buying an additional 250 shares during the quarter. Capital One Financial comprises approximately 1.3% of Oliver Luxxe Assets LLC’s investment portfolio, making the stock its 15th biggest holding. Oliver Luxxe Assets LLC’s holdings in Capital One Financial were worth $7,466,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Asset Management One Co. Ltd. grew its stake in Capital One Financial by 5.3% in the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock valued at $21,976,000 after purchasing an additional 7,331 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Capital One Financial by 4.3% during the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after buying an additional 17,825 shares during the period. CWA Asset Management Group LLC acquired a new position in Capital One Financial in the 3rd quarter valued at about $1,649,000. Dai ichi Life Insurance Company Ltd raised its holdings in Capital One Financial by 36.8% in the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock valued at $1,671,000 after acquiring an additional 3,000 shares during the period. Finally, Fisher Asset Management LLC lifted its position in Capital One Financial by 0.7% during the third quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock worth $1,451,527,000 after acquiring an additional 72,097 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of COF traded up $3.16 during mid-day trading on Monday, reaching $183.59. The company had a trading volume of 1,502,734 shares, compared to its average volume of 1,701,823. The company’s 50 day simple moving average is $181.32 and its 200 day simple moving average is $157.37. The company has a market capitalization of $70.04 billion, a price-to-earnings ratio of 17.34, a P/E/G ratio of 1.36 and a beta of 1.46. Capital One Financial Co. has a 1-year low of $123.23 and a 1-year high of $198.30. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00.

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 net margin of 8.80% and a return on equity of 9.00%. The firm had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter in the previous year, the firm posted $4.45 earnings per share. The company’s revenue was up 6.8% on a year-over-year basis. Analysts expect that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a yield of 1.31%. Capital One Financial’s payout ratio is presently 22.66%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. The Goldman Sachs Group increased their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Barclays raised shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $158.00 to $219.00 in a research report on Monday. Bank of America lowered shares of Capital One Financial from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $203.00 to $200.00 in a research report on Monday, December 9th. Keefe, Bruyette & Woods increased their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. Ten investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $178.13.

Insider Activity

In related news, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the sale, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. This represents a 26.05 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is currently owned by corporate insiders.

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.