Kestra Investment Management LLC Purchases Shares of 2,410 Capital One Financial Co. (NYSE:COF)

Kestra Investment Management LLC acquired a new position in Capital One Financial Co. (NYSE:COF) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,410 shares of the financial services provider’s stock, valued at approximately $361,000.

Other institutional investors have also recently modified their holdings of the company. Asset Management One Co. Ltd. lifted its position in Capital One Financial by 5.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after buying an additional 7,331 shares during the last quarter. CWA Asset Management Group LLC bought a new stake in shares of Capital One Financial in the 3rd quarter worth approximately $1,649,000. Fisher Asset Management LLC boosted its stake in shares of Capital One Financial by 0.7% in the 3rd 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 purchasing an additional 72,097 shares in the last quarter. Dai ichi Life Insurance Company Ltd grew its holdings in shares of Capital One Financial by 36.8% during 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 purchasing an additional 3,000 shares during the last quarter. Finally, Clear Harbor Asset Management LLC purchased a new position in Capital One Financial in the 2nd quarter worth $511,000. 89.84% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the sale, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. This represents a 9.16 % 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 link. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the transaction, the insider now 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 disclosure for this sale can be found here. Over the last 90 days, insiders sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Price Performance

Shares of NYSE COF opened at $187.52 on Tuesday. Capital One Financial Co. has a 1 year low of $112.64 and a 1 year high of $198.30. The stock has a market capitalization of $71.54 billion, a P/E ratio of 17.71, a P/E/G ratio of 1.40 and a beta of 1.43. The company’s 50-day moving average is $166.58 and its 200 day moving average is $149.52. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick 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 return on equity of 9.00% and a net margin of 8.80%. The firm had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. During the same quarter in the prior year, the business earned $4.45 EPS. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. On average, sell-side analysts expect that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.28%. Capital One Financial’s payout ratio is 22.66%.

Analyst Ratings Changes

Several analysts have issued reports on COF shares. Citigroup assumed coverage on shares of Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price target for the company. Robert W. Baird increased their target price on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Barclays lifted their price target on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. Evercore ISI increased their price objective on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada lifted 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 research note on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Hold” and an average target price of $160.18.

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.