Kathmere Capital Management LLC Boosts Position in Capital One Financial Corporation $COF

Key Points

• Kathmere Capital Management LLC increased its stake in Capital One Financial by **32.7%**, holding 4,674 shares worth approximately **$994,000** as of its latest SEC filing.
• Recent analyst reports show a generally positive outlook for Capital One Financial, with several firms raising their price targets and ratings, including a new target of **$275.00** from Citigroup.
• Capital One recently declared a quarterly dividend of **$0.60 per share**, representing an annual yield of **1.1%**, though the dividend payout ratio is currently **123.08%**.

Kathmere Capital Management LLC raised its stake in shares of Capital One Financial Corporation (NYSE:COF - Free Report) by 32.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 4,674 shares of the financial services provider's stock after purchasing an additional 1,151 shares during the period. Kathmere Capital Management LLC's holdings in Capital One Financial were worth $994,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Eagle Bay Advisors LLC boosted its stake in Capital One Financial by 3.6% during the second quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider's stock valued at $299,000 after buying an additional 49 shares during the last quarter. TFB Advisors LLC boosted its stake in Capital One Financial by 3.4% during the first quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider's stock valued at $276,000 after buying an additional 51 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its stake in Capital One Financial by 0.9% during the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider's stock valued at $1,097,000 after buying an additional 53 shares during the last quarter. tru Independence LLC boosted its stake in Capital One Financial by 1.7% during the second quarter. tru Independence LLC now owns 3,202 shares of the financial services provider's stock valued at $681,000 after buying an additional 55 shares during the last quarter. Finally, Opal Wealth Advisors LLC raised its position in Capital One Financial by 3.1% during the first quarter. Opal Wealth Advisors LLC now owns 2,155 shares of the financial services provider's stock valued at $386,000 after purchasing an additional 64 shares during the period. Institutional investors own 89.84% of the company's stock.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of recent research reports. Citigroup upped their price objective on Capital One Financial from $250.00 to $275.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $245.00 to $248.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. TD Cowen raised Capital One Financial from a "hold" rating to a "buy" rating and raised their price objective for the stock from $184.00 to $258.00 in a research report on Tuesday, July 8th. Barclays restated an "overweight" rating and issued a $253.00 target price (up previously from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Finally, Wells Fargo & Company lifted their price objective on Capital One Financial from $225.00 to $265.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, Capital One Financial presently has an average rating of "Moderate Buy" and a consensus price target of $239.44.

Insider Transactions at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $223.40, for a total value of $446,800.00. Following the transaction, the general counsel directly owned 100,486 shares in the company, valued at approximately $22,448,572.40. This trade represents a 1.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Timothy P. Golden sold 3,462 shares of Capital One Financial stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $210.28, for a total value of $727,989.36. Following the completion of the transaction, the chief accounting officer owned 8,987 shares in the company, valued at $1,889,786.36. This trade represents a 27.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,298 shares of company stock worth $4,679,844. 1.26% of the stock is owned by corporate insiders.

Capital One Financial Trading Up 0.7%

COF opened at $223.97 on Friday. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $232.45. The stock has a market capitalization of $143.23 billion, a PE ratio of 114.86, a P/E/G ratio of 0.86 and a beta of 1.17. The business's 50 day moving average price is $219.28 and its 200 day moving average price is $199.54. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $3.55. The firm had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. Capital One Financial's revenue was up 31.4% on a year-over-year basis. During the same period in the previous year, the company posted $3.14 EPS. As a group, equities research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, August 15th. Capital One Financial's dividend payout ratio (DPR) is currently 123.08%.

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.

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