Holocene Advisors LP Buys 175,906 Shares of Capital One Financial Co. (NYSE:COF)

Holocene Advisors LP lifted its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 102.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 348,025 shares of the financial services provider's stock after acquiring an additional 175,906 shares during the period. Holocene Advisors LP owned approximately 0.09% of Capital One Financial worth $52,110,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial during the second quarter worth about $28,000. Hobbs Group Advisors LLC bought a new stake in shares of Capital One Financial during the second quarter worth about $29,000. Unique Wealth Strategies LLC bought a new stake in shares of Capital One Financial during the second quarter worth about $36,000. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial during the third quarter worth about $36,000. Finally, Versant Capital Management Inc grew its position in Capital One Financial by 391.5% in the 2nd quarter. Versant Capital Management Inc now owns 290 shares of the financial services provider's stock worth $40,000 after purchasing an additional 231 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction on 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 transaction, the insider now owns 44,711 shares in the company, valued at $7,153,760. This trade represents a 26.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the business's stock in a transaction dated 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 completion of the transaction, 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock worth $4,982,647 in the last 90 days. 1.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

COF has been the subject of a number of recent analyst reports. Royal Bank of Canada upped 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. Robert W. Baird upped 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 upped 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. Barclays increased 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 report on Tuesday, October 8th. Finally, Citigroup began 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 for the company. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $160.18.

Capital One Financial Price Performance

Shares of NYSE COF traded down $0.29 during mid-day trading on Tuesday, reaching $187.23. 1,704,017 shares of the company were exchanged, compared to its average volume of 2,568,326. Capital One Financial Co. has a 52 week low of $112.64 and a 52 week high of $198.30. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $71.43 billion, a PE ratio of 17.73, a PEG ratio of 1.40 and a beta of 1.45. The company's 50 day moving average price is $166.58 and its 200 day moving average price is $149.52.

Capital One Financial (NYSE:COF - Get Free Report) last posted 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 company had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same period in the previous year, the firm posted $4.45 EPS. The firm's revenue was up 6.8% compared to the same quarter last year. Sell-side analysts forecast that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors 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 1.28%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial's payout ratio is presently 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.