Doliver Advisors LP Decreases Position in Capital One Financial Co. (NYSE:COF)

Doliver Advisors LP lessened its holdings in shares of Capital One Financial Co. (NYSE:COF) by 14.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,504 shares of the financial services provider’s stock after selling 264 shares during the period. Doliver Advisors LP’s holdings in Capital One Financial were worth $268,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. grew its stake in Capital One Financial by 5.3% during the 3rd 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 during the last quarter. Principal Financial Group Inc. grew its stake 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 purchasing an additional 17,825 shares during the last quarter. CWA Asset Management Group LLC purchased a new stake in Capital One Financial during the 3rd quarter valued at about $1,649,000. Dai ichi Life Insurance Company Ltd grew its stake in 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, Fisher Asset Management LLC grew its stake in Capital One Financial by 0.7% during 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 during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other news, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the sale, the insider now directly owns 44,711 shares in the company, valued at $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Michael Zamsky sold 10,541 shares of the 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 completion of 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. Insiders sold 29,007 shares of company stock valued at $4,982,647 over the last quarter. 1.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on COF shares. Wells Fargo & Company boosted their price target on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday. Evercore ISI upped their target price on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Keefe, Bruyette & Woods upped their target price on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Barclays upgraded Capital One Financial from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $158.00 to $219.00 in a research note on Monday. Finally, The Goldman Sachs Group upped 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. Ten investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $178.13.

Capital One Financial Price Performance

Shares of Capital One Financial stock traded up $3.25 during mid-day trading on Monday, reaching $183.68. 1,319,366 shares of the stock traded hands, compared to its average volume of 1,649,420. The business has a 50-day moving average of $181.32 and a 200 day moving average of $157.37. Capital One Financial Co. has a fifty-two week low of $123.23 and a fifty-two week high of $198.30. The stock has a market capitalization of $70.08 billion, a PE ratio of 17.34, a PEG ratio of 1.36 and a beta of 1.46. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating 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 business had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter in the prior year, the firm earned $4.45 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year. On average, analysts predict that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

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 dividend of $0.60 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.31%. Capital One Financial’s payout ratio is currently 22.66%.

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.