Asset Management One Co. Ltd. Increases Stake in Capital One Financial Co. (NYSE:COF)

Asset Management One Co. Ltd. raised its holdings in shares of Capital One Financial Co. (NYSE:COF) by 5.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 146,769 shares of the financial services provider's stock after purchasing an additional 7,331 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Capital One Financial were worth $21,976,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of COF. Vanguard Group Inc. boosted its holdings in shares of Capital One Financial by 0.7% in the first quarter. Vanguard Group Inc. now owns 30,893,408 shares of the financial services provider's stock worth $4,599,720,000 after acquiring an additional 226,720 shares during the period. Capital Research Global Investors boosted its stake in Capital One Financial by 72.8% in the 1st quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider's stock worth $3,145,761,000 after purchasing an additional 8,900,241 shares during the period. Clearbridge Investments LLC grew its holdings in Capital One Financial by 5.5% during the 2nd quarter. Clearbridge Investments LLC now owns 3,663,439 shares of the financial services provider's stock valued at $507,203,000 after buying an additional 189,843 shares in the last quarter. Legal & General Group Plc increased its position in shares of Capital One Financial by 2.5% during the second quarter. Legal & General Group Plc now owns 3,331,196 shares of the financial services provider's stock valued at $461,204,000 after buying an additional 79,908 shares during the period. Finally, Janus Henderson Group PLC lifted its holdings in shares of Capital One Financial by 0.5% in the first quarter. Janus Henderson Group PLC now owns 1,216,724 shares of the financial services provider's stock worth $181,155,000 after buying an additional 5,473 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Wall Street Analysts Forecast Growth

COF has been the subject of several recent analyst reports. Royal Bank of Canada boosted 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. Barclays boosted their price target on shares of Capital One Financial from $154.00 to $158.00 and gave the company an "equal weight" rating in a research report on Tuesday, October 8th. 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 report on Friday, October 25th. Bank of America boosted their target price on Capital One Financial from $158.00 to $161.00 and gave the stock a "buy" rating in a research report on Wednesday, July 24th. Finally, Citigroup initiated coverage on Capital One Financial in a report on Friday, September 20th. They issued a "buy" rating and a $190.00 price target on the stock. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of "Hold" and an average price target of $156.35.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $166.04 on Wednesday. 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 stock has a market cap of $63.35 billion, a PE ratio of 15.68, a PEG ratio of 1.24 and a beta of 1.43. The company's fifty day moving average is $150.99 and its 200 day moving average is $144.10. Capital One Financial Co. has a 52 week low of $102.63 and a 52 week high of $167.93.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data 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. The firm had revenue of $10 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.45 earnings per share. Research analysts anticipate that Capital One Financial Co. will post 13.17 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date is Thursday, November 14th. Capital One Financial's dividend payout ratio (DPR) is presently 22.66%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the 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 completion of the sale, the insider now owns 44,711 shares of the company's stock, valued at $7,153,760. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.30% of the company's stock.

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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