Harvest Fund Management Co. Ltd Buys 2,146 Shares of Capital One Financial Co. (NYSE:COF)

Harvest Fund Management Co. Ltd increased its stake in shares of Capital One Financial Co. (NYSE:COF) by 156.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,519 shares of the financial services provider’s stock after buying an additional 2,146 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Capital One Financial were worth $527,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of COF. LRI Investments LLC bought a new position in Capital One Financial during the 1st quarter worth $25,000. Y.D. More Investments Ltd bought a new position in Capital One Financial during the second quarter worth about $28,000. Hobbs Group Advisors LLC bought a new position in Capital One Financial during the second quarter worth about $29,000. Unique Wealth Strategies LLC bought a new stake in Capital One Financial in the 2nd quarter valued at about $36,000. Finally, Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial during the 3rd quarter worth approximately $36,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the sale, the insider now directly owns 44,711 shares in the company, valued at $7,153,760. This trade represents a 26.05 % decrease in their position. 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 in the last three months. Insiders own 1.30% of the company’s stock.

Capital One Financial Price Performance

Capital One Financial stock opened at $191.50 on Wednesday. The stock has a 50-day moving average price of $164.10 and a two-hundred day moving average price of $148.50. Capital One Financial Co. has a 12 month low of $105.43 and a 12 month high of $198.30. The company has a market capitalization of $73.06 billion, a PE ratio of 18.08, a P/E/G ratio of 1.36 and a beta of 1.43. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. During the same period last year, the company earned $4.45 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. Analysts expect that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued 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 1.25%. Capital One Financial’s payout ratio is 22.66%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. The Goldman Sachs Group boosted their price target on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Barclays increased their target price on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Royal Bank of Canada boosted their price target on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. Finally, 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 target price for the company. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $160.18.

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.