Capital One Financial Co. (NYSE:COF) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers raised its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 11.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,593 shares of the financial services provider's stock after acquiring an additional 6,044 shares during the period. Cetera Investment Advisers' holdings in Capital One Financial were worth $10,448,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brave Warrior Advisors LLC purchased a new position in shares of Capital One Financial in the fourth quarter worth $267,000. Cary Street Partners Financial LLC purchased a new position in Capital One Financial during the fourth quarter valued at $1,190,000. Bayesian Capital Management LP purchased a new position in shares of Capital One Financial during the 4th quarter valued at about $4,922,000. Alyeska Investment Group L.P. bought a new position in shares of Capital One Financial during the 4th quarter valued at approximately $70,046,000. Finally, Alua Capital Management LP purchased a new stake in Capital One Financial in the 4th quarter worth approximately $61,012,000. Institutional investors own 89.84% of the company's stock.

Insider Activity at Capital One Financial

In other news, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction on Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the transaction, the director now owns 56,244 shares in the company, valued at $11,175,682.80. The trade was a 2.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the company's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the completion of the sale, the insider now directly owns 20,089 shares of the company's stock, valued at $4,005,746.60. This represents a 32.24% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently commented on COF shares. Royal Bank of Canada set a $190.00 price objective on shares of Capital One Financial and gave the company a "sector perform" rating in a research report on Monday, April 14th. BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a research note on Tuesday, March 25th. Argus upgraded shares of Capital One Financial to a "strong-buy" rating in a research report on Thursday, January 23rd. Truist Financial boosted their price objective on Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a research note on Friday, April 25th. Finally, Bank of America raised Capital One Financial from a "neutral" rating to a "buy" rating and raised their price objective for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $207.73.

Capital One Financial Stock Performance

COF stock traded up $0.16 during trading on Thursday, reaching $197.40. The company had a trading volume of 8,200,447 shares, compared to its average volume of 3,286,417. The firm has a 50-day simple moving average of $174.37 and a 200-day simple moving average of $183.21. The company has a market cap of $75.63 billion, a price-to-earnings ratio of 17.03, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

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

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Friday, May 23rd. 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.