Harbour Investments Inc. Acquires 71 Shares of Capital One Financial Co. (NYSE:COF)

Harbour Investments Inc. increased its holdings in Capital One Financial Co. (NYSE:COF) by 0.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,579 shares of the financial services provider’s stock after buying an additional 71 shares during the period. Harbour Investments Inc.’s holdings in Capital One Financial were worth $1,434,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analysts Set New Price Targets

COF has been the subject of several recent analyst reports. Evercore ISI raised their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. 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 research report on Friday, October 25th. Citigroup began coverage on Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 target price on the stock. JPMorgan Chase & Co. raised their price target on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday, October 7th. Finally, Barclays upped their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Eleven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Capital One Financial presently has a consensus rating of “Hold” and a consensus target price of $156.35.

Capital One Financial Trading Down 0.7 %

NYSE COF opened at $185.46 on Thursday. The company has a fifty day moving average of $155.16 and a 200 day moving average of $145.53. The company has a market capitalization of $70.75 billion, a PE ratio of 17.51, a P/E/G ratio of 1.39 and a beta of 1.43. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Co. has a 1 year low of $104.21 and a 1 year high of $198.30.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.70 by $0.81. The business had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.45 EPS. Research analysts forecast that Capital One Financial Co. will post 13.46 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be paid a dividend of $0.60 per share. The ex-dividend date is Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.29%. Capital One Financial’s payout ratio is 22.66%.

Insider Activity

In related news, insider Kara West sold 721 shares of the 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 sale, the insider now directly owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the sale, the insider now directly owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kara West sold 721 shares of the company’s stock in a transaction that occurred 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 transaction, the insider now directly owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 18,466 shares of company stock valued at $2,977,116 in the last three months. 1.30% of the stock is currently 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.