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

Asset Management One Co. Ltd. increased its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 5.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 146,769 shares of the financial services provider's stock after buying an additional 7,331 shares during the period. Asset Management One Co. Ltd.'s holdings in Capital One Financial were worth $21,976,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in shares of Capital One Financial by 21.4% during 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 buying an additional 4,840 shares in the last quarter. Twin Tree Management LP grew its position in shares of Capital One Financial by 5.6% in the first 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 in the last quarter. Clear Harbor Asset Management LLC bought a new stake in shares of Capital One Financial during the 2nd quarter valued at $511,000. QRG Capital Management Inc. lifted its holdings in 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 in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in Capital One Financial by 20.4% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 15,817 shares of the financial services provider's stock worth $2,355,000 after purchasing an additional 2,675 shares during the period. Institutional investors own 89.84% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Robert W. Baird increased their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a report on Friday, October 25th. Royal Bank of Canada boosted their price target on shares of Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a research report on Friday, October 25th. Citigroup initiated coverage on Capital One Financial in a research report on Friday, September 20th. They set a "buy" rating and a $190.00 target price for the company. Barclays raised their price target on Capital One Financial from $154.00 to $158.00 and gave the company an "equal weight" rating in a report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the company a "neutral" rating in a research note on Monday, October 7th. Eleven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, Capital One Financial presently has an average rating of "Hold" and an average target price of $156.35.

Capital One Financial Stock Up 14.4 %

Capital One Financial stock traded up $23.92 during trading hours on Wednesday, hitting $189.97. The stock had a trading volume of 10,129,777 shares, compared to its average volume of 2,519,756. The stock has a market capitalization of $72.48 billion, a P/E ratio of 17.97, a price-to-earnings-growth ratio of 1.24 and a beta of 1.43. Capital One Financial Co. has a 12-month low of $102.63 and a 12-month 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 stock's 50-day moving average price is $150.99 and its 200-day moving average price is $144.10.

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, 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 company had revenue of $10 billion for the quarter, compared to analysts' expectations of $9.88 billion. During the same period last year, the firm posted $4.45 earnings per share. Capital One Financial's revenue was up 6.8% compared to the same quarter last year. Equities research analysts anticipate that Capital One Financial Co. will post 13.17 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.26%. Capital One Financial's payout ratio is 22.66%.

Insider Buying and Selling

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the firm's stock in a transaction dated 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.30% of the stock is currently owned by corporate insiders.

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.