KG&L Capital Management LLC Has $490,000 Holdings in Capital One Financial Co. (NYSE:COF)

KG&L Capital Management LLC lessened its holdings in Capital One Financial Co. (NYSE:COF) by 4.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,749 shares of the financial services provider’s stock after selling 125 shares during the period. KG&L Capital Management LLC’s holdings in Capital One Financial were worth $490,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. State Street Corp grew its stake in Capital One Financial by 0.5% during the third quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock worth $2,471,572,000 after buying an additional 74,784 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Capital One Financial by 2.8% during the third quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock valued at $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% 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 during the last quarter. Geode Capital Management LLC boosted its stake in Capital One Financial by 2.0% in the third 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 acquiring an additional 159,616 shares during the last quarter. Finally, FMR LLC boosted its position 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 worth $994,350,000 after purchasing an additional 1,169,395 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Activity

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 completion of the sale, the insider now directly owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Kara West sold 721 shares of Capital One Financial stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the sale, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,256 shares of company stock worth $2,462,487 in the last three months. Company insiders own 1.30% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $204.02 on Friday. The company has a market cap of $77.78 billion, a price-to-earnings ratio of 17.60, a PEG ratio of 1.25 and a beta of 1.46. Capital One Financial Co. has a one year low of $128.23 and a one year high of $208.63. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a 50 day simple moving average of $187.16 and a 200 day simple moving average of $164.67.

Capital One Financial (NYSE:COF) last issued 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. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.81 earnings per share. Research analysts predict that Capital One Financial Co. will post 15.4 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and cut their target price for the company from $203.00 to $200.00 in a research note on Monday, December 9th. Keefe, Bruyette & Woods raised their price objective on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Finally, Barclays increased their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $196.31.

Capital One Financial 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.