Capital One Financial Corporation $COF Shares Acquired by Kestra Advisory Services LLC

Key Points

• Kestra Advisory Services increased its Capital One stake by 16.7% in the third quarter, adding 8,357 shares to bring its holdings to 58,276 shares, valued at about $11.25 million. Institutional investors collectively own 89.84% of the stock.
• Capital One reported quarterly EPS of $6.69, beating the $5.53 consensus, while revenue reached $16.31 billion, up 6.4% year over year. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $256.50.
• Insiders sold 202,145 shares worth about $41.3 million over the past 90 days. The company announced a quarterly dividend of $0.80 per share, equivalent to a 1.6% yield.

Kestra Advisory Services LLC lifted its position in Capital One Financial Corporation (NYSE:COF - Free Report) by 16.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,276 shares of the financial services provider's stock after purchasing an additional 8,357 shares during the quarter. Kestra Advisory Services LLC's holdings in Capital One Financial were worth $11,251,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Compass Wealth Management LLC purchased a new position in Capital One Financial during the third quarter valued at approximately $25,000. Solstein Capital LLC purchased a new position in shares of Capital One Financial during the 2nd quarter valued at approximately $26,000. Torren Management LLC lifted its stake in shares of Capital One Financial by 114.8% in the 3rd quarter. Torren Management LLC now owns 131 shares of the financial services provider's stock valued at $25,000 after purchasing an additional 70 shares during the period. Gilpin Wealth Management LLC acquired a new position in shares of Capital One Financial in the 3rd quarter valued at $27,000. Finally, Ballast Advisors LLC acquired a new position in shares of Capital One Financial in the first quarter worth about $27,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Lia Dean sold 2,193 shares of the firm's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $225.52, for a total value of $494,565.36. Following the transaction, the insider owned 63,261 shares in the company, valued at approximately $14,266,620.72. This trade represents a 3.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Richard Fairbank sold 90,743 shares of Capital One Financial stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $204.86, for a total transaction of $18,589,610.98. Following the sale, the chief executive officer directly owned 3,968,520 shares in the company, valued at approximately $812,991,007.20. This trade represents a 2.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 202,145 shares of company stock valued at $41,281,806 in the last 90 days. 0.78% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Citigroup upped their price target on Capital One Financial from $280.00 to $285.00 and gave the stock a "buy" rating in a report on Wednesday, October 21st. TD Cowen boosted their price objective on Capital One Financial from $242.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, October 21st. Barclays boosted their price objective on Capital One Financial from $237.00 to $238.00 and gave the company an "overweight" rating in a research report on Wednesday, October 21st. Wall Street Zen downgraded Capital One Financial from a "buy" rating to a "hold" rating in a research note on Sunday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 target price on Capital One Financial in a research report on Thursday, August 20th. Twenty analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and an average target price of $256.50.

Capital One Financial Stock Down 1.6%

COF opened at $198.63 on Tuesday. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.45. The company has a 50-day moving average price of $203.26 and a 200 day moving average price of $200.76. The company has a market cap of $119.48 billion, a PE ratio of 9.93, a price-to-earnings-growth ratio of 0.94 and a beta of 1.10.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings data on Tuesday, October 20th. The financial services provider reported $6.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.53 by $1.16. The company had revenue of $16.31 billion for the quarter, compared to analysts' expectations of $16.25 billion. Capital One Financial had a return on equity of 11.64% and a net margin of 13.70%. Capital One Financial's revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.95 EPS. Sell-side analysts expect that Capital One Financial Corporation will post 21.53 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 16th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, November 16th. Capital One Financial's dividend payout ratio is currently 18.89%.

About Capital One Financial

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