Kathmere Capital Management LLC Has $424,000 Stock Holdings in Capital One Financial Co. (NYSE:COF)

Kathmere Capital Management LLC boosted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 3.7% in the second quarter, Holdings Channel.com reports. The fund owned 3,066 shares of the financial services provider’s stock after buying an additional 109 shares during the quarter. Kathmere Capital Management LLC’s holdings in Capital One Financial were worth $424,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of COF. Capital Research Global Investors grew its holdings in Capital One Financial by 72.8% during the 1st quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider’s stock worth $3,145,761,000 after acquiring an additional 8,900,241 shares during the period. Eminence Capital LP acquired a new position in shares of Capital One Financial in the 2nd quarter valued at $127,465,000. Clearbridge Investments LLC grew its holdings in shares of Capital One Financial by 18.8% in the 1st quarter. Clearbridge Investments LLC now owns 3,473,596 shares of the financial services provider’s stock valued at $517,184,000 after buying an additional 549,665 shares during the period. International Assets Investment Management LLC grew its holdings in shares of Capital One Financial by 123.4% in the 2nd quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider’s stock valued at $107,016,000 after buying an additional 427,000 shares during the period. Finally, Capital World Investors grew its holdings in shares of Capital One Financial by 2.1% in the 4th quarter. Capital World Investors now owns 14,991,564 shares of the financial services provider’s stock valued at $1,965,761,000 after buying an additional 311,696 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Up 0.9 %

Shares of NYSE:COF opened at $149.09 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. The company’s 50-day moving average price is $142.60 and its two-hundred day moving average price is $141.27. The stock has a market capitalization of $56.68 billion, a PE ratio of 11.68, a price-to-earnings-growth ratio of 1.21 and a beta of 1.44. Capital One Financial Co. has a one year low of $88.23 and a one year high of $154.18.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The firm had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $3.52 earnings per share. On average, equities analysts forecast that Capital One Financial Co. will post 12.91 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were issued a $0.60 dividend. The ex-dividend date was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.61%. Capital One Financial’s payout ratio is 18.79%.

Insider Activity

In other news, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the sale, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, insider Robert M. Alexander sold 30,742 shares of the business’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the sale, the insider now directly owns 73,734 shares in the company, valued at approximately $11,060,100. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at $5,438,491.24. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on COF. BTIG Research began coverage on shares of Capital One Financial in a report on Friday, June 7th. They issued a “neutral” rating for the company. JPMorgan Chase & Co. boosted their price target on shares of Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a report on Monday, July 8th. Citigroup began coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective on the stock. Evercore ISI cut their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research report on Tuesday, June 25th. Finally, Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and boosted their price objective for the company from $145.00 to $165.00 in a research report on Thursday, June 6th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $147.21.

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.