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Entropy Technologies LP Purchases 11,135 Shares of Capital One Financial Co. (NYSE:COF)

Capital One Financial logo with Finance background

Entropy Technologies LP boosted its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 329.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,511 shares of the financial services provider's stock after purchasing an additional 11,135 shares during the quarter. Entropy Technologies LP's holdings in Capital One Financial were worth $2,173,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of COF. Asset Management One Co. Ltd. raised its position in 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 in the last quarter. CWA Asset Management Group LLC bought a new position in shares of Capital One Financial during the third quarter valued at $1,649,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake 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 in the last quarter. Twin Tree Management LP boosted its stake 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 in the last quarter. Finally, Clear Harbor Asset Management LLC bought a new stake in shares of Capital One Financial in the 2nd quarter worth about $511,000. Institutional investors own 89.84% of the company's stock.

Capital One Financial Trading Down 0.4 %

COF traded down $0.80 during mid-day trading on Wednesday, hitting $185.99. The stock had a trading volume of 1,471,216 shares, compared to its average volume of 2,557,324. Capital One Financial Co. has a 1-year low of $104.21 and a 1-year high of $198.30. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market capitalization of $70.96 billion, a price-to-earnings ratio of 17.66, a price-to-earnings-growth ratio of 1.39 and a beta of 1.43. The stock's fifty day simple moving average is $155.16 and its 200-day simple moving average is $145.53.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (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 business had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same period in the previous year, the firm earned $4.45 EPS. Capital One Financial's quarterly revenue was up 6.8% compared to the same quarter last year. As a group, research analysts forecast that Capital One Financial Co. will post 13.46 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be issued a dividend of $0.60 per share. The ex-dividend date is Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.29%. Capital One Financial's payout ratio is 22.66%.

Analysts Set New Price Targets

COF has been the topic of a number of research analyst reports. Royal Bank of Canada increased their price target on Capital One Financial from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research report on Friday, October 25th. Evercore ISI raised their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the company an "in-line" rating in a research report on Wednesday, October 30th. 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. 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. Finally, Citigroup assumed coverage on Capital One Financial in a research report on Friday, September 20th. They issued a "buy" rating and a $190.00 price objective on the stock. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial currently has a consensus rating of "Hold" and an average target price of $156.35.

View Our Latest Stock Analysis on Capital One Financial

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction dated 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 completion of the transaction, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm'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 completion of the transaction, the insider now owns 19,776 shares of the company's stock, valued at approximately $3,211,029.12. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the business's stock in a transaction dated 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 sale, the insider now directly owns 44,711 shares in the company, valued at $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. In the last ninety days, insiders have sold 18,466 shares of company stock valued at $2,977,116. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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