Clear Harbor Asset Management LLC Has $975,000 Stake in Capital One Financial Co. (NYSE:COF)

Clear Harbor Asset Management LLC lowered its holdings in shares of Capital One Financial Co. (NYSE:COF) by 1.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,466 shares of the financial services provider’s stock after selling 108 shares during the quarter. Clear Harbor Asset Management LLC’s holdings in Capital One Financial were worth $975,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. King Luther Capital Management Corp acquired a new position in Capital One Financial in the second quarter worth about $205,000. Pacer Advisors Inc. raised its holdings in shares of Capital One Financial by 4.6% in the 2nd quarter. Pacer Advisors Inc. now owns 27,325 shares of the financial services provider’s stock worth $3,783,000 after buying an additional 1,212 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of Capital One Financial by 2.3% during the 2nd quarter. ProShare Advisors LLC now owns 84,428 shares of the financial services provider’s stock worth $11,689,000 after buying an additional 1,921 shares during the period. Frank Rimerman Advisors LLC boosted its stake in Capital One Financial by 16,334.8% in the 2nd quarter. Frank Rimerman Advisors LLC now owns 3,780 shares of the financial services provider’s stock valued at $523,000 after buying an additional 3,757 shares in the last quarter. Finally, 1832 Asset Management L.P. grew its position in Capital One Financial by 12.9% in the second quarter. 1832 Asset Management L.P. now owns 19,236 shares of the financial services provider’s stock valued at $2,663,000 after acquiring an additional 2,205 shares during the period. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of analyst reports. Robert W. Baird lifted their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Barclays raised shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $158.00 to $219.00 in a report on Monday, January 6th. Finally, The Goldman Sachs Group boosted their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Ten investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $188.06.

Insider Buying and Selling at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the company’s 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 sale, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Kara West sold 721 shares of Capital One Financial 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 transaction, the insider now directly owns 12,929 shares in the company, valued at $2,388,374.17. The trade was a 5.28 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,256 shares of company stock valued at $2,462,487. 1.30% of the stock is currently owned by company insiders.

Capital One Financial Stock Performance

Capital One Financial stock opened at $193.42 on Wednesday. The company has a market cap of $73.74 billion, a PE ratio of 18.26, a PEG ratio of 1.23 and a beta of 1.46. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $198.30. The company’s 50-day moving average is $183.84 and its two-hundred day moving average is $160.98.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10,220,675.12 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business posted $2.81 earnings per share. Equities analysts anticipate that Capital One Financial Co. will post 13.53 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors 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 dividend on an annualized basis and a yield of 1.24%. Capital One Financial’s dividend 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.