Fisher Asset Management LLC Increases Stock Position in Capital One Financial Co. (NYSE:COF)

Fisher Asset Management LLC boosted its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 0.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,694,297 shares of the financial services provider's stock after purchasing an additional 72,097 shares during the period. Fisher Asset Management LLC owned about 2.54% of Capital One Financial worth $1,451,527,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. LRI Investments LLC bought a new position in shares of Capital One Financial in the 1st quarter valued at about $25,000. Y.D. More Investments Ltd acquired a new stake in Capital One Financial in the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at about $29,000. Unique Wealth Strategies LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at about $36,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial in the 3rd quarter valued at about $36,000. Institutional investors own 89.84% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on COF shares. Barclays raised their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the company an "equal weight" rating in a research note on Tuesday, October 8th. Robert W. Baird raised 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. The Goldman Sachs Group raised their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a research report on Tuesday, November 19th. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a "neutral" rating in a research report on Monday, October 7th. Finally, Royal Bank of Canada raised their price objective on shares of 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. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $160.18.

Capital One Financial Stock Up 2.6 %

Shares of NYSE:COF traded up $4.87 during midday trading on Monday, hitting $191.93. 4,899,219 shares of the company's stock were exchanged, compared to its average volume of 2,584,776. 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 50 day moving average price of $163.17 and a 200-day moving average price of $148.16. The company has a market cap of $73.22 billion, a PE ratio of 18.12, a price-to-earnings-growth ratio of 1.36 and a beta of 1.43. Capital One Financial Co. has a 12 month low of $105.43 and a 12 month high of $198.30.

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, topping 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 the consensus estimate of $9.88 billion. During the same period in the prior year, the firm posted $4.45 EPS. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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

Insider Activity

In other news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction that occurred 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 transaction, the insider now directly owns 44,711 shares of the company's stock, valued at $7,153,760. This represents a 26.05 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the company's 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 in the company, valued at $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 in the last three months. Company insiders own 1.30% of the company's stock.

About Capital One Financial

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.