Quest Partners LLC Has $2.26 Million Stock Position in Capital One Financial Co. (NYSE:COF)

Quest Partners LLC raised its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 90.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,079 shares of the financial services provider's stock after buying an additional 7,145 shares during the period. Quest Partners LLC's holdings in Capital One Financial were worth $2,258,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in COF. LRI Investments LLC bought a new position in Capital One Financial in the 1st quarter worth $25,000. Y.D. More Investments Ltd bought a new position in shares of Capital One Financial in the second quarter worth about $28,000. Hobbs Group Advisors LLC acquired a new position in shares of Capital One Financial during the 2nd quarter worth about $29,000. Unique Wealth Strategies LLC bought a new stake in Capital One Financial during the 2nd quarter valued at approximately $36,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial in the 3rd quarter valued at approximately $36,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Capital One Financial Trading Down 1.0 %

NYSE:COF traded down $1.86 during trading hours on Tuesday, hitting $181.00. 2,166,808 shares of the stock were exchanged, compared to its average volume of 2,573,222. The company has a market capitalization of $69.05 billion, a P/E ratio of 17.15, a price-to-earnings-growth ratio of 1.37 and a beta of 1.43. Capital One Financial Co. has a twelve month low of $105.39 and a twelve month high of $198.30. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The company's 50 day moving average is $158.54 and its two-hundred day moving average is $146.68.

Capital One Financial (NYSE:COF - Get Free Report) last released its 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. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. During the same period in the prior year, the company posted $4.45 EPS. The company's revenue was up 6.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial's dividend payout ratio is currently 22.66%.

Wall Street Analyst Weigh In

COF has been the subject of several research reports. 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. Bank of America raised their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a "buy" rating in a research report on Wednesday, July 24th. Robert W. Baird upped their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a research report on Friday, October 25th. The Goldman Sachs Group lifted their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a research report on Tuesday. Finally, Royal Bank of Canada upped their price target on Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a report on Friday, October 25th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $160.18.

Insider Activity

In related news, insider Kara West sold 721 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the sale, the insider now owns 12,929 shares in the company, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the company's stock in a transaction on 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 owns 19,776 shares in the company, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,007 shares of company stock worth $4,982,647 in the last 90 days. Corporate insiders own 1.30% of the company's stock.

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.