Oliver Luxxe Assets LLC Has $7.47 Million Stake in Capital One Financial Co. (NYSE:COF)

Oliver Luxxe Assets LLC increased its stake in shares of Capital One Financial Co. (NYSE:COF) by 0.6% during the 4th quarter, Holdings Channel reports. The fund owned 41,868 shares of the financial services provider’s stock after acquiring an additional 250 shares during the period. Capital One Financial comprises approximately 1.3% of Oliver Luxxe Assets LLC’s investment portfolio, making the stock its 15th largest position. Oliver Luxxe Assets LLC’s holdings in Capital One Financial were worth $7,466,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Nordea Investment Management AB increased its position in Capital One Financial by 6.6% in the 4th quarter. Nordea Investment Management AB now owns 30,441 shares of the financial services provider’s stock valued at $5,436,000 after buying an additional 1,877 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of Capital One Financial by 48.1% during the fourth quarter. Versant Capital Management Inc now owns 640 shares of the financial services provider’s stock valued at $114,000 after acquiring an additional 208 shares in the last quarter. Old Port Advisors acquired a new position in shares of Capital One Financial during the fourth quarter worth approximately $220,000. Principal Financial Group Inc. lifted its holdings in shares of Capital One Financial by 4.3% in the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after purchasing an additional 17,825 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in Capital One Financial by 2.8% during the 3rd quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock valued at $1,649,488,000 after purchasing an additional 280,462 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the sale, the insider now owns 44,711 shares of the company’s stock, valued at $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the sale, the insider now owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock valued at $4,982,647 over the last 90 days. Insiders own 1.30% of the company’s stock.

Capital One Financial Stock Performance

NYSE COF traded up $3.16 during trading on Monday, hitting $183.59. 1,502,734 shares of the company’s stock traded hands, compared to its average volume of 1,701,823. The stock has a market capitalization of $70.04 billion, a price-to-earnings ratio of 17.34, a PEG ratio of 1.36 and a beta of 1.46. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The business has a 50 day moving average of $181.32 and a 200-day moving average of $157.37. Capital One Financial Co. has a 12-month low of $123.23 and a 12-month high of $198.30.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data 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. The company had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. Capital One Financial’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.45 earnings per share. As a group, equities research analysts anticipate that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors 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 dividend on an annualized basis and a yield of 1.31%. Capital One Financial’s dividend payout ratio is presently 22.66%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on COF shares. Citigroup began coverage on shares of Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price objective for the company. Wells Fargo & Company lifted their price target on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday. Evercore ISI lifted their target price on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. The Goldman Sachs Group increased their price target on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Finally, Barclays upgraded Capital One Financial from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $158.00 to $219.00 in a research note on Monday. Ten investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and an average target price of $178.13.

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.