Vinva Investment Management Ltd Boosts Position in Capital One Financial Co. (NYSE:COF)

Vinva Investment Management Ltd grew its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 44.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,437 shares of the financial services provider's stock after purchasing an additional 6,957 shares during the period. Vinva Investment Management Ltd's holdings in Capital One Financial were worth $3,345,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Fisher Asset Management LLC lifted its holdings in shares of Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider's stock valued at $1,451,527,000 after purchasing an additional 72,097 shares during the last quarter. FMR LLC raised its stake in Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider's stock worth $994,350,000 after acquiring an additional 1,169,395 shares during the last quarter. Clearbridge Investments LLC raised its stake in Capital One Financial by 5.5% in the 2nd quarter. Clearbridge Investments LLC now owns 3,663,439 shares of the financial services provider's stock worth $507,203,000 after acquiring an additional 189,843 shares during the last quarter. Legal & General Group Plc grew its position in Capital One Financial by 2.5% during the 2nd quarter. Legal & General Group Plc now owns 3,331,196 shares of the financial services provider's stock worth $461,204,000 after purchasing an additional 79,908 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Capital One Financial by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,687,999 shares of the financial services provider's stock worth $402,474,000 after purchasing an additional 28,541 shares during the period. Hedge funds and other institutional investors own 89.84% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on COF shares. Robert W. Baird increased their price target 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. The Goldman Sachs Group increased their price target on Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a research report on Tuesday, November 19th. Barclays raised their target price on 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. Evercore ISI raised their target price on 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. Finally, 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 on the stock. Eleven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company currently 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 Frank G. LapradeIii sold 15,751 shares of the stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of 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 26.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial 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 sale, the insider now owns 26,482 shares of the company's stock, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 29,007 shares of company stock valued at $4,982,647 over the last ninety days. Corporate insiders own 1.30% of the company's stock.

Capital One Financial Stock Performance

Shares of NYSE:COF traded up $0.78 on Friday, reaching $192.07. The company's stock had a trading volume of 1,132,204 shares, compared to its average volume of 2,572,942. The stock's 50-day moving average is $166.58 and its two-hundred day moving average is $149.44. Capital One Financial Co. has a 52-week low of $110.18 and a 52-week 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 stock has a market capitalization of $73.28 billion, a P/E ratio of 18.14, a PEG ratio of 1.39 and a beta of 1.43.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion during the quarter, compared to analysts' expectations of $9.88 billion. During the same period in the prior year, the company earned $4.45 earnings per share. The business's revenue was up 6.8% compared to the same quarter last year. As a group, sell-side analysts forecast that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

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