Simon Quick Advisors LLC Grows Position in Capital One Financial Co. (NYSE:COF)

Simon Quick Advisors LLC lifted its position in Capital One Financial Co. (NYSE:COF) by 14.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,205 shares of the financial services provider’s stock after acquiring an additional 276 shares during the period. Simon Quick Advisors LLC’s holdings in Capital One Financial were worth $393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of COF. State Street Corp raised its stake in shares of Capital One Financial by 0.5% during the 3rd quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock valued at $2,471,572,000 after buying an additional 74,784 shares during the last quarter. Franklin Resources Inc. raised its position in shares of Capital One Financial by 2.8% in the third quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock worth $1,649,488,000 after acquiring an additional 280,462 shares during the period. Fisher Asset Management LLC boosted its stake in shares of 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 worth $1,451,527,000 after acquiring an additional 72,097 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Capital One Financial by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider’s stock valued at $1,198,664,000 after purchasing an additional 159,616 shares in the last quarter. Finally, FMR LLC increased its stake in shares of Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after purchasing an additional 1,169,395 shares in the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction dated 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 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Kara West sold 721 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the sale, the insider now directly owns 12,929 shares in the company, valued at $2,388,374.17. This represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 13,256 shares of company stock worth $2,462,487. Insiders own 1.30% of the company’s stock.

Capital One Financial Price Performance

COF stock opened at $204.14 on Friday. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $207.24. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The stock has a market cap of $77.82 billion, a price-to-earnings ratio of 17.61, a price-to-earnings-growth ratio of 1.24 and a beta of 1.46. The business has a fifty day moving average of $184.29 and a two-hundred day moving average of $161.66.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10,220,675.12 billion. Capital One Financial had a return on equity of 9.50% and a net margin of 9.46%. The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the company earned $2.81 EPS. As a group, research analysts anticipate that Capital One Financial Co. will post 15.22 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.18%. Capital One Financial’s payout ratio is currently 20.71%.

Analyst Ratings Changes

Several analysts have commented on the company. Barclays raised their price objective on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday. Evercore ISI upped their price target on shares of 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. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $203.00 to $200.00 in a report on Monday, December 9th. Wells Fargo & Company increased their target price on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Finally, Keefe, Bruyette & Woods lifted their price target 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. Ten equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $190.47.

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.