Harbor Investment Advisory LLC Has $599,000 Stock Holdings in Capital One Financial Co. (NYSE:COF)

Harbor Investment Advisory LLC lowered its position in shares of Capital One Financial Co. (NYSE:COF) by 5.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,360 shares of the financial services provider’s stock after selling 200 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Capital One Financial were worth $599,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. bought a new position in shares of Capital One Financial in the fourth quarter valued at approximately $32,000. Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial during the 3rd quarter valued at $36,000. Creative Financial Designs Inc. ADV raised its position in Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares during the last quarter. Eastern Bank acquired a new position in Capital One Financial in the third quarter worth $44,000. Finally, Prospera Private Wealth LLC bought a new stake in shares of Capital One Financial during the third quarter worth $47,000. 89.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

COF has been the topic of several research reports. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Barclays upgraded shares of 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 report on Monday, January 6th. Wells Fargo & Company boosted their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $203.00 to $200.00 in a research report on Monday, December 9th. Finally, Royal Bank of Canada lifted their target price on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. Ten equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $188.06.

Insiders Place Their Bets

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 legal filing with the SEC, which is available 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 completion of the sale, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,256 shares of company stock worth $2,462,487. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Stock Up 1.3 %

Shares of Capital One Financial stock opened at $193.42 on Wednesday. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $198.30. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market capitalization of $73.74 billion, a P/E ratio of 18.26, a price-to-earnings-growth ratio of 1.23 and a beta of 1.46. The business has a 50-day moving average of $183.84 and a two-hundred day moving average of $160.98.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10,220,675.12 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the company posted $2.81 EPS. As a group, equities analysts predict that Capital One Financial Co. will post 13.53 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s payout ratio is presently 22.66%.

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.