Gateway Investment Advisers LLC Has $360,000 Holdings in Capital One Financial Co. (NYSE:COF)

Gateway Investment Advisers LLC trimmed its stake in Capital One Financial Co. (NYSE:COF) by 8.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,018 shares of the financial services provider’s stock after selling 197 shares during the period. Gateway Investment Advisers LLC’s holdings in Capital One Financial were worth $360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. USA Financial Formulas acquired a new position in shares of Capital One Financial in the fourth quarter valued at $242,000. Meridian Financial Partners LLC increased its holdings in Capital One Financial by 1.6% in the 4th quarter. Meridian Financial Partners LLC now owns 5,547 shares of the financial services provider’s stock valued at $989,000 after buying an additional 88 shares during the period. Park Avenue Securities LLC increased its holdings in Capital One Financial by 20.0% in the 4th quarter. Park Avenue Securities LLC now owns 24,679 shares of the financial services provider’s stock valued at $4,401,000 after buying an additional 4,119 shares during the period. Kathmere Capital Management LLC raised its stake in shares of Capital One Financial by 5.4% in the 4th quarter. Kathmere Capital Management LLC now owns 3,525 shares of the financial services provider’s stock valued at $629,000 after buying an additional 182 shares in the last quarter. Finally, Rockland Trust Co. acquired a new stake in shares of Capital One Financial during the 4th quarter valued at about $387,000. Institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $203.00 to $200.00 in a report on Monday, December 9th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Robert W. Baird increased their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Finally, Evercore ISI boosted their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $188.06.

Insiders Place Their Bets

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the transaction, the insider now owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Kara West sold 721 shares of the business’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the transaction, the insider now owns 12,929 shares of the company’s stock, valued at $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,256 shares of company stock valued at $2,462,487. Company insiders own 1.30% of the company’s stock.

Capital One Financial Stock Up 1.4 %

NYSE COF opened at $191.16 on Monday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a 52 week low of $123.23 and a 52 week high of $198.30. The stock has a market capitalization of $72.88 billion, a P/E ratio of 18.05, a price-to-earnings-growth ratio of 1.12 and a beta of 1.46. The stock has a fifty day moving average of $183.82 and a 200-day moving average of $160.45.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.81. The firm had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business posted $4.45 EPS. On average, equities research analysts forecast that Capital One Financial Co. will post 13.41 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed 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 was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.26%. Capital One Financial’s payout ratio is presently 22.66%.

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.