Continental Advisors LLC Has $8.08 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Continental Advisors LLC lessened its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 16.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 45,310 shares of the financial services provider's stock after selling 9,000 shares during the quarter. Capital One Financial makes up about 3.7% of Continental Advisors LLC's holdings, making the stock its 4th largest position. Continental Advisors LLC's holdings in Capital One Financial were worth $8,080,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in COF. Barclays PLC raised its stake in Capital One Financial by 2.9% in the 3rd quarter. Barclays PLC now owns 1,042,273 shares of the financial services provider's stock valued at $156,058,000 after purchasing an additional 29,416 shares during the last quarter. Stock Yards Bank & Trust Co. increased its stake in shares of Capital One Financial by 4.1% during the 3rd quarter. Stock Yards Bank & Trust Co. now owns 2,130 shares of the financial services provider's stock valued at $319,000 after acquiring an additional 83 shares during the last quarter. Arvest Bank Trust Division acquired a new position in shares of Capital One Financial during the 3rd quarter valued at about $8,310,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Capital One Financial during the 3rd quarter valued at about $619,000. Finally, Destination Wealth Management increased its stake in shares of Capital One Financial by 0.6% during the 3rd quarter. Destination Wealth Management now owns 149,405 shares of the financial services provider's stock valued at $22,370,000 after acquiring an additional 876 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on COF shares. Evercore ISI raised shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective for the company in a research note on Wednesday, March 12th. Citigroup dropped their price objective on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Barclays upped their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. Royal Bank of Canada set a $190.00 target price on shares of Capital One Financial and gave the stock a "sector perform" rating in a research report on Monday, April 14th. Finally, Argus raised shares of Capital One Financial to a "strong-buy" rating in a research report on Thursday, January 23rd. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $207.73.

Capital One Financial Stock Down 1.2 %

Capital One Financial stock traded down $2.22 during midday trading on Friday, hitting $182.83. 3,463,926 shares of the stock were exchanged, compared to its average volume of 3,136,079. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The firm has a market cap of $69.75 billion, a P/E ratio of 15.77, a P/E/G ratio of 1.19 and a beta of 1.24. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The company has a 50 day moving average price of $175.76 and a two-hundred day moving average price of $180.72.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.07 billion. On average, sell-side analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.31%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is 20.15%.

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.