Coldstream Capital Management Inc. Has $1.12 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Coldstream Capital Management Inc. increased its stake in shares of Capital One Financial Co. (NYSE:COF) by 15.6% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 7,242 shares of the financial services provider’s stock after acquiring an additional 979 shares during the period. Coldstream Capital Management Inc.’s holdings in Capital One Financial were worth $1,116,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of Capital One Financial by 21.4% during 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 period. Eminence Capital LP acquired a new stake in shares of Capital One Financial in the second quarter valued at approximately $127,465,000. Wellington Management Group LLP lifted its stake in shares of Capital One Financial by 268.7% during the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after acquiring an additional 710,881 shares during the period. Southpoint Capital Advisors LP bought a new stake in shares of Capital One Financial during the third quarter worth approximately $104,811,000. Finally, International Assets Investment Management LLC increased its holdings in Capital One Financial by 123.4% in the second quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider’s stock valued at $107,016,000 after purchasing an additional 427,000 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on COF. Robert W. Baird raised their price target on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Royal Bank of Canada raised their price target 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. Citigroup started coverage on Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. Barclays increased their price objective on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Finally, Bank of America lowered shares of Capital One Financial from a “buy” rating to a “neutral” rating and decreased their target price for the company from $203.00 to $200.00 in a report on Monday. Twelve investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $168.47.

Insider Buying and Selling at Capital One Financial

In other news, insider Kara West sold 721 shares of the business’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares of the company’s stock, valued at $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction dated 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 transaction, the insider now directly owns 26,482 shares in the company, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 29,007 shares of company stock valued at $4,982,647. Company insiders own 1.30% of the company’s stock.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $184.68 on Friday. The stock has a market cap of $70.46 billion, a price-to-earnings ratio of 17.44, a P/E/G ratio of 1.37 and a beta of 1.45. The company’s fifty day moving average is $172.65 and its 200 day moving average is $152.04. 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 Co. has a twelve month low of $120.07 and a twelve month high of $198.30.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, beating the consensus estimate of $3.70 by $0.81. The company had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. Capital One Financial’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.45 EPS. Sell-side analysts forecast that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.30%. Capital One Financial’s payout ratio is currently 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.