LMR Partners LLP Buys New Position in Capital One Financial Co. (NYSE:COF)

LMR Partners LLP acquired a new stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 56,943 shares of the financial services provider's stock, valued at approximately $8,526,000.

Several other institutional investors have also added to or reduced their stakes in COF. LRI Investments LLC acquired a new stake in Capital One Financial in the first quarter worth about $25,000. Y.D. More Investments Ltd acquired a new stake in shares of Capital One Financial during the second quarter worth about $28,000. Hobbs Group Advisors LLC acquired a new stake in shares of Capital One Financial during the second quarter worth about $29,000. Unique Wealth Strategies LLC acquired a new stake in shares of Capital One Financial during the second quarter worth about $36,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in shares of Capital One Financial during the third quarter worth about $36,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Insiders Place Their Bets

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the business's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the sale, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Kara West sold 721 shares of the business's stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. This represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,007 shares of company stock valued at $4,982,647. Insiders own 1.30% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on COF. Barclays lifted their target price on Capital One Financial from $154.00 to $158.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Bank of America lifted their target price on Capital One Financial from $158.00 to $161.00 and gave the stock a "buy" rating in a report on Wednesday, July 24th. JPMorgan Chase & Co. lifted their price target on Capital One Financial from $156.00 to $157.00 and gave the company a "neutral" rating in a research report on Monday, October 7th. Evercore ISI lifted their price target 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, Robert W. Baird lifted their price target on Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a research report on Friday, October 25th. 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 presently has a consensus rating of "Hold" and a consensus price target of $156.35.

Capital One Financial Price Performance

Shares of COF traded down $2.71 during trading hours on Monday, hitting $182.43. 1,499,022 shares of the stock were exchanged, compared to its average volume of 2,570,160. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a 12-month low of $105.39 and a 12-month high of $198.30. The company has a market cap of $69.60 billion, a price-to-earnings ratio of 17.38, a price-to-earnings-growth ratio of 1.37 and a beta of 1.43. The stock's 50-day moving average price is $157.74 and its two-hundred day moving average price is $146.39.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping 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 firm had revenue of $10 billion during the quarter, compared to analysts' expectations of $9.88 billion. During the same period in the previous year, the business earned $4.45 earnings per share. The firm's revenue for the quarter was up 6.8% on a year-over-year basis. Research analysts expect that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date is Thursday, November 14th. Capital One Financial's dividend payout ratio (DPR) is currently 22.66%.

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.