Capital One Financial Co. (NYSE:COF) Shares Sold by Kestra Investment Management LLC

Kestra Investment Management LLC decreased its holdings in Capital One Financial Co. (NYSE:COF) by 30.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,680 shares of the financial services provider’s stock after selling 730 shares during the quarter. Kestra Investment Management LLC’s holdings in Capital One Financial were worth $300,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Creative Planning boosted its stake in shares of Capital One Financial by 7.2% during the 3rd quarter. Creative Planning now owns 52,492 shares of the financial services provider’s stock valued at $7,860,000 after buying an additional 3,507 shares during the last quarter. Blue Trust Inc. raised its holdings in Capital One Financial by 105.6% in the third quarter. Blue Trust Inc. now owns 3,278 shares of the financial services provider’s stock valued at $454,000 after acquiring an additional 1,684 shares in the last quarter. Foundations Investment Advisors LLC boosted its stake in Capital One Financial by 14.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 2,024 shares of the financial services provider’s stock valued at $303,000 after acquiring an additional 258 shares during the last quarter. Signaturefd LLC grew its holdings in Capital One Financial by 1.6% during the 3rd quarter. Signaturefd LLC now owns 9,162 shares of the financial services provider’s stock worth $1,372,000 after acquiring an additional 140 shares in the last quarter. Finally, Eastern Bank bought a new stake in shares of Capital One Financial in the 3rd quarter worth about $44,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on COF. Evercore ISI increased their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. The Goldman Sachs Group lifted their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Robert W. Baird boosted their price target on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $207.00 to $235.00 in a research note on Wednesday. Finally, UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their target price for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Eight analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $198.50.

Capital One Financial Stock Performance

COF opened at $209.98 on Thursday. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.10. The stock has a market cap of $80.05 billion, a PE ratio of 18.12, a price-to-earnings-growth ratio of 1.17 and a beta of 1.47. The business’s 50 day moving average is $190.72 and its 200-day moving average is $169.75. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.81 EPS. On average, analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a $0.60 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.14%. Capital One Financial’s dividend payout ratio is presently 20.71%.

Capital One Financial 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.