Courier Capital LLC Has $1.45 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Courier Capital LLC trimmed its position in Capital One Financial Co. (NYSE:COF) by 22.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,117 shares of the financial services provider’s stock after selling 2,357 shares during the quarter. Courier Capital LLC’s holdings in Capital One Financial were worth $1,448,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC acquired a new stake in shares of Capital One Financial during the 3rd quarter worth approximately $36,000. Creative Financial Designs Inc. ADV boosted its stake in Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 166 shares during the last quarter. Eastern Bank acquired a new stake in Capital One Financial during the 3rd quarter worth $44,000. Prospera Private Wealth LLC bought a new stake in shares of Capital One Financial during the 3rd quarter valued at $47,000. Finally, Concord Wealth Partners lifted its stake in shares of Capital One Financial by 115.3% in the 3rd quarter. Concord Wealth Partners now owns 323 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 173 shares during the period. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $180.39 on Tuesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $68.77 billion, a price-to-earnings ratio of 17.03, a price-to-earnings-growth ratio of 1.36 and a beta of 1.46. Capital One Financial Co. has a one year low of $123.23 and a one year high of $198.30. The stock’s 50-day moving average is $183.26 and its 200-day moving average is $159.21.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating the consensus estimate of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter in the previous year, the business posted $4.45 EPS. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. Equities analysts predict that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were paid a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.33%. Capital One Financial’s payout ratio is currently 22.66%.

Insiders Place Their Bets

In related news, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the sale, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,007 shares of company stock valued at $4,982,647 in the last three months. 1.30% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Evercore ISI lifted their price objective on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Keefe, Bruyette & Woods upped their price target on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Citigroup initiated coverage on shares of Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 price objective on the stock. The Goldman Sachs Group boosted their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Finally, Barclays upgraded shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $158.00 to $219.00 in a report on Monday, January 6th. Eight research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $188.81.

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.