Capital One Financial Co. (NYSE:COF) Shares Acquired by Dai ichi Life Insurance Company Ltd

Dai ichi Life Insurance Company Ltd grew its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 36.8% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 11,162 shares of the financial services provider's stock after buying an additional 3,000 shares during the period. Dai ichi Life Insurance Company Ltd's holdings in Capital One Financial were worth $1,671,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in COF. LRI Investments LLC purchased a new stake in shares of Capital One Financial in the first quarter valued at about $25,000. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial in the second quarter valued at about $28,000. Hobbs Group Advisors LLC purchased a new stake in shares of Capital One Financial in the second quarter valued at about $29,000. Unique Wealth Strategies LLC purchased a new stake in shares of Capital One Financial in the second quarter valued at about $36,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial in the third quarter valued at about $36,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

Shares of COF stock traded down $0.16 during trading hours on Thursday, hitting $191.29. The company's stock had a trading volume of 1,561,079 shares, compared to its average volume of 2,579,206. The business has a fifty day moving average of $165.78 and a 200-day moving average of $149.10. The stock has a market cap of $72.98 billion, a price-to-earnings ratio of 18.06, a P/E/G ratio of 1.40 and a beta of 1.43. Capital One Financial Co. has a twelve month low of $106.14 and a twelve month high of $198.30. 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 - Get Free Report) last released its quarterly earnings results 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. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company's quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the business earned $4.45 earnings per share. As a group, equities research analysts anticipate that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.25%. Capital One Financial's dividend payout ratio (DPR) is currently 22.66%.

Analyst Ratings Changes

Several research analysts recently issued reports on COF shares. Evercore ISI increased their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an "in-line" rating in a report on Wednesday, October 30th. The Goldman Sachs Group increased their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. Barclays increased their price target on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a "neutral" rating in a report on Monday, October 7th. Finally, Citigroup started coverage on shares of Capital One Financial in a report on Friday, September 20th. They set a "buy" rating and a $190.00 price target for the company. Eleven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $160.18.

Insider Buying and Selling

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction that occurred on 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 transaction, the insider now owns 26,482 shares of the company's stock, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 transaction of $2,520,160.00. Following the transaction, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. This represents a 26.05 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is owned by insiders.

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.