Fmr LLC Increases Position in Capital One Financial Co. (NYSE:COF)

FMR LLC grew its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 21.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,640,951 shares of the financial services provider's stock after purchasing an additional 1,169,395 shares during the quarter. FMR LLC owned approximately 1.74% of Capital One Financial worth $994,350,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of COF. Eminence Capital LP bought a new position in shares of Capital One Financial in the second quarter worth about $127,465,000. International Assets Investment Management LLC raised its stake in Capital One Financial by 123.4% in the 2nd quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider's stock worth $107,016,000 after acquiring an additional 427,000 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in Capital One Financial by 1,518.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 412,355 shares of the financial services provider's stock worth $61,742,000 after acquiring an additional 386,870 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of Capital One Financial by 501.4% during the 2nd quarter. SG Americas Securities LLC now owns 332,700 shares of the financial services provider's stock valued at $46,062,000 after buying an additional 277,377 shares during the last quarter. Finally, Goldentree Asset Management LP acquired a new stake in shares of Capital One Financial during the 1st quarter valued at about $34,179,000. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Performance

Shares of COF traded down $0.16 during mid-day trading on Thursday, hitting $191.29. The stock had a trading volume of 1,561,079 shares, compared to its average volume of 2,579,206. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Co. has a 52 week low of $106.14 and a 52 week high of $198.30. The firm has a market cap of $72.98 billion, a P/E ratio of 18.06, a PEG ratio of 1.40 and a beta of 1.43. The business has a fifty day moving average price of $165.78 and a 200-day moving average price of $149.10.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping 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 return on equity of 9.00% and a net margin of 8.80%. Capital One Financial's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the company earned $4.45 EPS. On average, equities research analysts expect that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

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

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the company's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the sale, the insider now owns 19,776 shares in the company, valued at $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The transaction was disclosed in a 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 on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares in the company, 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. Over the last three months, insiders have sold 29,007 shares of company stock worth $4,982,647. Corporate insiders own 1.30% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on COF shares. Robert W. Baird boosted their target price on 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 upped their target price on shares of Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a report on Friday, October 25th. The Goldman Sachs Group increased their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the company a "buy" rating in a report on Tuesday, November 19th. Citigroup started coverage on shares of 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. Finally, Barclays lifted 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 research note on Tuesday, October 8th. Eleven 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 stock currently has a consensus rating of "Hold" and a consensus target price of $160.18.

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.