Kathmere Capital Management LLC Acquires 182 Shares of Capital One Financial Co. (NYSE:COF)

Kathmere Capital Management LLC boosted its holdings in Capital One Financial Co. (NYSE:COF) by 5.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,525 shares of the financial services provider’s stock after acquiring an additional 182 shares during the quarter. Kathmere Capital Management LLC’s holdings in Capital One Financial were worth $629,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Asset Management One Co. Ltd. grew its position in shares of 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. grew its holdings in 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 valued at $64,482,000 after buying an additional 17,825 shares in the last quarter. CWA Asset Management Group LLC bought a new stake in shares of Capital One Financial during the third quarter valued at about $1,649,000. Dai ichi Life Insurance Company Ltd lifted its holdings in shares of Capital One Financial by 36.8% in the third quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock worth $1,671,000 after buying an additional 3,000 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in shares of Capital One Financial by 0.7% in the third quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after acquiring an additional 72,097 shares during the period. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Up 3.3 %

NYSE COF opened at $190.79 on Thursday. The stock has a 50-day moving average of $183.63 and a 200-day moving average of $159.54. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 1-year low of $123.23 and a 1-year high of $198.30. The firm has a market cap of $72.79 billion, a PE ratio of 18.02, a price-to-earnings-growth ratio of 1.34 and a beta of 1.45.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same quarter in the previous year, the company posted $4.45 earnings per share. The business’s revenue was up 6.8% on a year-over-year basis. As a group, sell-side analysts forecast that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Kara West sold 721 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares of the company’s stock, valued at $2,388,374.17. This represents a 5.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction 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 completion of the sale, 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,256 shares of company stock worth $2,462,487. 1.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

COF has been the topic of a number of analyst reports. Royal Bank of Canada upped their target price on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th. Evercore ISI increased their price objective on 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 boosted 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. Truist Financial started coverage on Capital One Financial in a report on Tuesday, January 7th. They issued a “buy” rating and a $229.00 price target on the stock. Finally, Citigroup began coverage on Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price objective for the company. Ten equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $188.06.

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.