Capital One Financial Co. (NYSE:COF) Stock Holdings Lowered by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC reduced its position in Capital One Financial Co. (NYSE:COF) by 7.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 5,861 shares of the financial services provider’s stock after selling 458 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Capital One Financial were worth $1,045,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in COF. FMR LLC increased its position in shares of Capital One Financial by 21.4% in the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after acquiring an additional 1,169,395 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Capital One Financial in the fourth quarter worth approximately $130,683,000. Wellington Management Group LLP increased its position in shares of Capital One Financial by 268.7% in the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after acquiring an additional 710,881 shares in the last quarter. Southpoint Capital Advisors LP purchased a new position in shares of Capital One Financial in the third quarter worth approximately $104,811,000. Finally, KBC Group NV increased its position in shares of Capital One Financial by 282.2% in the fourth quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock worth $111,177,000 after acquiring an additional 460,339 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

COF stock opened at $197.33 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $75.23 billion, a price-to-earnings ratio of 17.03, a P/E/G ratio of 1.26 and a beta of 1.47. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $208.63. The firm has a 50 day moving average of $188.99 and a two-hundred day moving average of $167.78.

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 for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the previous year, the company earned $2.81 earnings per share. Capital One Financial’s revenue for the quarter was up 7.2% on a year-over-year basis. As a group, equities analysts anticipate that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s payout ratio is 20.71%.

Analyst Ratings Changes

COF has been the topic of several analyst reports. Wells Fargo & Company lifted their target price 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. Royal Bank of Canada boosted their price objective on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Bank of America downgraded shares of Capital One Financial from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $203.00 to $200.00 in a research report on Monday, December 9th. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Finally, UBS Group raised 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 research report on Monday, January 13th. Nine research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and an average target price of $196.31.

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.