Pacer Advisors Inc. Buys 14,570 Shares of Capital One Financial Co. (NYSE:COF)

Pacer Advisors Inc. grew its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 51.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,107 shares of the financial services provider's stock after acquiring an additional 14,570 shares during the period. Pacer Advisors Inc.'s holdings in Capital One Financial were worth $7,687,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. FMR LLC lifted its position in 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 valued at $994,350,000 after purchasing an additional 1,169,395 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Capital One Financial during the fourth quarter worth $130,683,000. Wellington Management Group LLP boosted its stake in Capital One Financial by 268.7% during the 3rd 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 during the last quarter. Southpoint Capital Advisors LP acquired a new position in Capital One Financial during the third quarter valued at approximately $104,811,000. Finally, KBC Group NV increased its stake in 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 valued at $111,177,000 after purchasing an additional 460,339 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

NYSE:COF traded up $0.78 during mid-day trading on Thursday, hitting $204.69. The stock had a trading volume of 2,838,957 shares, compared to its average volume of 3,546,807. The company's 50 day simple moving average is $186.38 and its 200 day simple moving average is $163.97. The stock has a market cap of $78.03 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 1.29 and a beta of 1.46. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.00 and a current ratio of 0.98. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $208.63.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $10.19 billion during the quarter, compared to analysts' expectations of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business posted $2.81 earnings per share. On average, equities research analysts forecast that Capital One Financial Co. will post 15.22 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date was Thursday, November 14th. Capital One Financial's dividend payout ratio is presently 20.71%.

Analysts Set New Price Targets

COF has been the subject of several research analyst reports. Bank of America lowered shares of Capital One Financial from a "buy" rating to a "neutral" rating and decreased their price target for the company from $203.00 to $200.00 in a report on Monday, December 9th. Wells Fargo & Company increased their price target on Capital One Financial from $185.00 to $210.00 and gave the stock an "overweight" rating in a report on Friday, January 3rd. Evercore ISI lifted their price objective on Capital One Financial from $163.00 to $184.00 and gave the company an "in-line" rating in a report on Wednesday, October 30th. Keefe, Bruyette & Woods increased their target price 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. Finally, Robert W. Baird lifted their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a research note on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $196.31.

Insider Activity

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the business's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares of the company's stock, valued at $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Michael Zamsky sold 10,541 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. 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 owned by insiders.

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.