Caisse DE Depot ET Placement DU Quebec Has $674,000 Stock Holdings in Capital One Financial Co. (NYSE:COF)

Caisse DE Depot ET Placement DU Quebec lowered its position in Capital One Financial Co. (NYSE:COF) by 83.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,500 shares of the financial services provider’s stock after selling 22,750 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Capital One Financial were worth $674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Asset Management One Co. Ltd. grew its stake in shares of Capital One Financial by 5.3% in the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after purchasing an additional 7,331 shares during the last quarter. CWA Asset Management Group LLC acquired a new stake in shares of Capital One Financial in the third quarter valued at about $1,649,000. Dai ichi Life Insurance Company Ltd raised its position in shares of Capital One Financial by 36.8% during the third quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock worth $1,671,000 after acquiring an additional 3,000 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Capital One Financial by 0.7% in the third quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after acquiring an additional 72,097 shares during the last quarter. Finally, Clear Harbor Asset Management LLC acquired a new stake in Capital One Financial during the 2nd quarter valued at approximately $511,000. Institutional investors own 89.84% of the company’s stock.

Insiders Place Their Bets

In related news, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction dated 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 completion of the sale, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the transaction, the insider now owns 26,482 shares in the company, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock valued at $4,982,647 in the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $187.05 on Wednesday. Capital One Financial Co. has a 52 week low of $112.64 and a 52 week high of $198.30. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The business has a 50 day moving average price of $168.10 and a 200-day moving average price of $150.17. The company has a market cap of $71.36 billion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 1.37 and a beta of 1.45.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share 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 business had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same period last year, the business earned $4.45 EPS. The business’s revenue was up 6.8% on a year-over-year basis. Equities 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 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 annualized dividend and a yield of 1.28%. Capital One Financial’s dividend payout ratio (DPR) is 22.66%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on COF. Royal Bank of Canada upped their price objective on shares of 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. The Goldman Sachs Group increased their price target on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Evercore ISI boosted their price objective on 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. JPMorgan Chase & Co. raised their target price on 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, Robert W. Baird increased their price target on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $160.18.

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.