Capital One Financial Co. (NYSE:COF) Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC reduced its stake in shares of Capital One Financial Co. (NYSE:COF) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,861 shares of the financial services provider’s stock after selling 458 shares during the period. Kestra Private Wealth Services LLC’s holdings in Capital One Financial were worth $1,045,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in COF. Empowered Funds LLC boosted its holdings in shares of Capital One Financial by 91.2% in the 4th quarter. Empowered Funds LLC now owns 17,589 shares of the financial services provider’s stock valued at $3,136,000 after buying an additional 8,392 shares during the period. Wilmington Savings Fund Society FSB boosted its holdings in shares of Capital One Financial by 3.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 4,257 shares of the financial services provider’s stock valued at $759,000 after buying an additional 123 shares during the period. D Orazio & Associates Inc. acquired a new position in shares of Capital One Financial in the 4th quarter valued at about $214,000. Kingsview Wealth Management LLC boosted its holdings in shares of Capital One Financial by 5.4% in the 4th quarter. Kingsview Wealth Management LLC now owns 8,288 shares of the financial services provider’s stock valued at $1,478,000 after buying an additional 424 shares during the period. Finally, Vest Financial LLC boosted its holdings in shares of Capital One Financial by 2.6% in the 4th quarter. Vest Financial LLC now owns 181,439 shares of the financial services provider’s stock valued at $32,354,000 after buying an additional 4,635 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Up 0.4 %

COF stock opened at $197.33 on Friday. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $208.63. The company has a market capitalization of $75.23 billion, a price-to-earnings ratio of 17.03, a price-to-earnings-growth ratio of 1.26 and a beta of 1.47. The firm’s 50-day moving average is $188.99 and its two-hundred day moving average is $167.78. 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 released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.78 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 $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the previous year, the firm earned $2.81 EPS. Capital One Financial’s revenue was up 7.2% on a year-over-year basis. On average, analysts forecast that Capital One Financial Co. will post 15.41 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a $0.60 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. Capital One Financial’s payout ratio is currently 20.71%.

Analyst Ratings Changes

COF has been the subject of several research reports. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. The Goldman Sachs Group lifted their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Barclays lifted their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. lifted their price objective 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. Finally, HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a research report on Tuesday, January 14th. Nine equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average target price of $196.31.

Capital One Financial Company 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.