Capital One Financial Co. (NYSE:COF) Shares Sold by Sendero Wealth Management LLC

Sendero Wealth Management LLC cut its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 7.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 46,570 shares of the financial services provider's stock after selling 3,956 shares during the period. Capital One Financial accounts for about 1.2% of Sendero Wealth Management LLC's holdings, making the stock its 17th biggest position. Sendero Wealth Management LLC's holdings in Capital One Financial were worth $8,304,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Catalyst Capital Advisors LLC acquired a new stake in shares of Capital One Financial in the third quarter worth approximately $36,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider's stock valued at $43,000 after purchasing an additional 166 shares during the last quarter. Eastern Bank purchased a new stake in shares of Capital One Financial during the 3rd quarter valued at $44,000. Prospera Private Wealth LLC acquired a new stake in shares of Capital One Financial during the 3rd quarter worth $47,000. Finally, Concord Wealth Partners raised its position in shares of Capital One Financial by 115.3% in the 3rd quarter. Concord Wealth Partners now owns 323 shares of the financial services provider's stock worth $48,000 after buying an additional 173 shares during the period. Hedge funds and other institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Down 1.1 %

Shares of Capital One Financial stock traded down $2.16 on Thursday, hitting $188.52. 2,801,985 shares of the company's stock traded hands, compared to its average volume of 3,029,784. 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 firm's 50-day moving average is $183.63 and its 200 day moving average is $159.76. The stock has a market cap of $71.87 billion, a P/E ratio of 17.80, a PEG ratio of 1.12 and a beta of 1.46. Capital One Financial Co. has a 52-week low of $123.23 and a 52-week high of $198.30.

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

Capital One Financial Announces Dividend

The company 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. This represents a $2.40 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial's dividend payout ratio is currently 22.66%.

Analyst Ratings Changes

COF has been the topic of a number of research reports. Robert W. Baird raised their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a report on Friday, October 25th. Royal Bank of Canada lifted their price target 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. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $168.00 to $235.00 in a research report on Monday. Wells Fargo & Company lifted their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a report on Friday, January 3rd. Finally, HSBC upgraded Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price target for the company in a report on Tuesday. Ten investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, Capital One Financial currently has a consensus rating of "Hold" and an average target price of $188.06.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Kara West sold 721 shares of the business's stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the sale, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the sale, the insider now directly owns 19,776 shares in the company, valued at $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. Insiders have sold 13,256 shares of company stock worth $2,462,487 over the last quarter. 1.30% of the stock is owned by corporate insiders.

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.