Kathmere Capital Management LLC Has $629,000 Stake in Capital One Financial Co. (NYSE:COF)

Kathmere Capital Management LLC grew its holdings in shares of Capital One Financial Co. (NYSE:COF) by 5.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,525 shares of the financial services provider’s stock after acquiring an additional 182 shares during the period. Kathmere Capital Management LLC’s holdings in Capital One Financial were worth $629,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in COF. Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial during the third quarter worth approximately $36,000. Creative Financial Designs Inc. ADV grew its position in shares of Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after buying an additional 166 shares during the period. Eastern Bank bought a new stake in shares of Capital One Financial in the 3rd quarter valued at $44,000. Prospera Private Wealth LLC acquired a new position in shares of Capital One Financial during the 3rd quarter valued at $47,000. Finally, Concord Wealth Partners boosted its stake in Capital One Financial by 115.3% during the third quarter. Concord Wealth Partners now owns 323 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 173 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Insider Activity at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kara West sold 721 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 7th. The stock was 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 directly owns 12,929 shares in the company, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,256 shares of company stock worth $2,462,487. 1.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on COF. Citigroup assumed coverage on shares of Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price target for the company. Robert W. Baird boosted their target price on 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 increased their price target on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Evercore ISI boosted 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. Finally, UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and increased their target price for the stock from $168.00 to $235.00 in a report on Monday. Ten analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Hold” and an average target price of $188.06.

Capital One Financial Trading Up 3.3 %

NYSE:COF opened at $190.79 on Thursday. Capital One Financial Co. has a 52 week low of $123.23 and a 52 week high of $198.30. The firm has a 50-day moving average price of $183.63 and a two-hundred day moving average price of $159.54. The firm has a market cap of $72.79 billion, a price-to-earnings ratio of 18.02, a price-to-earnings-growth ratio of 1.34 and a beta of 1.45. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results 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. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same period last year, the business posted $4.45 earnings per share. Capital One Financial’s revenue was up 6.8% on a year-over-year basis. On average, equities analysts expect that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared 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 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 dividend payout ratio (DPR) is currently 22.66%.

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.