Park Avenue Securities LLC Boosts Holdings in Capital One Financial Co. (NYSE:COF)

Park Avenue Securities LLC lifted its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 20.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,679 shares of the financial services provider's stock after purchasing an additional 4,119 shares during the quarter. Park Avenue Securities LLC's holdings in Capital One Financial were worth $4,401,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in COF. State Street Corp grew its holdings 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 valued at $2,471,572,000 after purchasing an additional 74,784 shares during the period. Franklin Resources Inc. grew its stake in shares of Capital One Financial by 2.8% during the 3rd 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 increased its holdings in 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 worth $1,451,527,000 after acquiring an additional 72,097 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of 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 worth $1,198,664,000 after purchasing an additional 159,616 shares in the last quarter. Finally, FMR LLC raised its holdings in Capital One Financial by 21.4% during the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider's stock valued at $994,350,000 after acquiring an additional 1,169,395 shares during the period. Hedge funds and other institutional investors own 89.84% of the company's stock.

Insider Transactions at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the transaction, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the transaction, the insider now directly owns 19,776 shares of the company's stock, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 13,256 shares of company stock worth $2,462,487. Company insiders own 1.30% of the company's stock.

Analyst Ratings Changes

COF has been the subject of several research reports. Evercore ISI boosted their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an "in-line" rating in a research report on Wednesday, October 30th. Bank of America downgraded shares of Capital One Financial from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $203.00 to $200.00 in a report on Monday, December 9th. Royal Bank of Canada upped their target price on shares of Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a research report 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 target for the company. Finally, JPMorgan Chase & Co. upped their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a "neutral" rating in a research report on Monday, December 9th. Ten analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $188.06.

Capital One Financial Stock Up 1.4 %

Shares of NYSE COF traded up $2.72 during mid-day trading on Friday, hitting $191.16. The company had a trading volume of 3,723,831 shares, compared to its average volume of 3,093,312. The business's 50-day simple moving average is $183.71 and its 200 day simple moving average is $159.96. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market capitalization of $72.88 billion, a PE ratio of 18.05, a price-to-earnings-growth ratio of 1.12 and a beta of 1.46. Capital One Financial Co. has a 1-year low of $123.23 and a 1-year high of $198.30.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company posted $4.45 earnings per share. On average, analysts predict that Capital One Financial Co. will post 13.41 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date of this dividend was Thursday, November 14th. 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.