Harbour Investments Inc. Sells 68 Shares of Capital One Financial Corporation (NYSE:COF)

Harbour Investments Inc. lessened its position in shares of Capital One Financial Corporation (NYSE:COF) by 0.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,072 shares of the financial services provider’s stock after selling 68 shares during the period. Harbour Investments Inc.’s holdings in Capital One Financial were worth $1,806,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the business. Brighton Jones LLC boosted its position in Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after acquiring an additional 10,428 shares in the last quarter. Nicolet Advisory Services LLC lifted its holdings in shares of Capital One Financial by 34.7% during the 4th quarter. Nicolet Advisory Services LLC now owns 2,190 shares of the financial services provider’s stock valued at $384,000 after buying an additional 564 shares during the period. World Investment Advisors lifted its stake in shares of Capital One Financial by 13.3% in the 4th quarter. World Investment Advisors now owns 9,967 shares of the financial services provider’s stock worth $1,777,000 after purchasing an additional 1,172 shares during the period. Atlas Capital Advisors Inc. grew its holdings in Capital One Financial by 80.4% during the fourth quarter. Atlas Capital Advisors Inc. now owns 4,305 shares of the financial services provider’s stock valued at $768,000 after purchasing an additional 1,918 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Capital One Financial by 1.5% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 11,376 shares of the financial services provider’s stock worth $2,029,000 after purchasing an additional 170 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 3.5%

Shares of NYSE:COF opened at $207.47 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $79.49 billion, a P/E ratio of 106.40, a P/E/G ratio of 0.85 and a beta of 1.16. Capital One Financial Corporation has a 52-week low of $128.23 and a 52-week high of $232.45. The stock’s fifty day simple moving average is $206.91 and its 200-day simple moving average is $192.61.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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. The firm’s revenue was up 31.4% compared to the same quarter last year. During the same quarter last year, the business posted $3.14 EPS. As a group, equities research analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.2%. Capital One Financial’s dividend payout ratio is currently 123.08%.

Insider Activity

In other news, Director Ann F. Hackett sold 1,658 shares of the company’s 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 completion of the sale, the director directly owned 56,244 shares in the company, valued at $11,175,682.80. This represents a 2.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Robert M. Alexander sold 10,114 shares of Capital One Financial stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the completion of the transaction, the insider owned 68,707 shares in the company, valued at $15,655,577.02. The trade was a 12.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,332 shares of company stock valued at $4,540,285 in the last 90 days. 1.26% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Citigroup boosted their price target on shares of Capital One Financial from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. Wall Street Zen upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, July 18th. Truist Financial lifted their target price on Capital One Financial from $225.00 to $260.00 and gave the company a “buy” rating in a research note on Monday, July 28th. Barclays reissued an “overweight” rating and issued a $253.00 price target (up previously from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Finally, Royal Bank Of Canada upped their target price on Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 23rd. Four investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average target price of $238.81.

Capital One Financial 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.