Financial Strategies Group Inc. increased its holdings in shares of Capital One Financial Co. (NYSE:COF) by 2.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 44,584 shares of the financial services provider’s stock after purchasing an additional 857 shares during the period. Capital One Financial accounts for about 1.5% of Financial Strategies Group Inc.’s investment portfolio, making the stock its 19th biggest holding. Financial Strategies Group Inc.’s holdings in Capital One Financial were worth $6,982,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. boosted its stake in shares of Capital One Financial by 5.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock valued at $21,976,000 after buying an additional 7,331 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in shares of Capital One Financial by 21.4% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock valued at $4,093,000 after purchasing an additional 4,840 shares during the last quarter. Twin Tree Management LP increased its position in shares of Capital One Financial by 5.6% in the 1st quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock valued at $10,200,000 after purchasing an additional 3,609 shares during the last quarter. Clear Harbor Asset Management LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at $511,000. Finally, QRG Capital Management Inc. lifted its position in shares of Capital One Financial by 3.2% during the 2nd quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider’s stock worth $16,927,000 after purchasing an additional 3,776 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities analysts recently commented on the company. Evercore ISI increased their target price on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Royal Bank of Canada increased their price objective on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. JPMorgan Chase & Co. boosted 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. Bank of America increased their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Finally, Robert W. Baird boosted their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Eleven equities research 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, the company presently has an average rating of “Hold” and an average target price of $156.35.
Insider Transactions at Capital One Financial
In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the transaction, the insider now directly owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following 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 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the 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 transaction, the insider now directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.
Capital One Financial Trading Down 3.2 %
Shares of Capital One Financial stock opened at $184.81 on Friday. 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 company has a market capitalization of $70.51 billion, a P/E ratio of 17.45, a PEG ratio of 1.22 and a beta of 1.43. Capital One Financial Co. has a 1 year low of $102.63 and a 1 year high of $198.30. The company’s fifty day moving average is $151.92 and its two-hundred day moving average is $144.43.
Capital One Financial (NYSE:COF – Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the company posted $4.45 earnings per share. Analysts forecast that Capital One Financial Co. will post 13.17 earnings per share for the current year.
Capital One Financial Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.
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.
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