National Bank of Canada FI Buys 311,062 Shares of Capital One Financial Co. (NYSE:COF)

National Bank of Canada FI boosted its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 283.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 420,959 shares of the financial services provider's stock after acquiring an additional 311,062 shares during the quarter. National Bank of Canada FI owned about 0.11% of Capital One Financial worth $63,030,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of COF. Asset Management One Co. Ltd. lifted its stake in Capital One Financial by 5.3% during the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider's stock valued at $21,976,000 after purchasing an additional 7,331 shares during the last quarter. CWA Asset Management Group LLC acquired a new stake in shares of Capital One Financial during the 3rd quarter valued at $1,649,000. Dai ichi Life Insurance Company Ltd boosted its stake in shares of Capital One Financial by 36.8% during the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider's stock worth $1,671,000 after acquiring an additional 3,000 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Capital One Financial by 0.7% in the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider's stock worth $1,451,527,000 after acquiring an additional 72,097 shares during the last quarter. Finally, Clear Harbor Asset Management LLC acquired a new position in shares of Capital One Financial in the 2nd quarter worth $511,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the business'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 sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the firm's stock in a transaction 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 owns 44,711 shares in the company, valued at $7,153,760. The trade was a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Stock Up 1.3 %

COF traded up $2.39 during midday trading on Friday, hitting $187.96. 2,696,759 shares of the company's stock traded hands, compared to its average volume of 2,860,954. 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 company has a market cap of $71.71 billion, a PE ratio of 17.75, a price-to-earnings-growth ratio of 1.35 and a beta of 1.45. The stock's fifty day simple moving average is $170.41 and its 200-day simple moving average is $151.15. Capital One Financial Co. has a one year low of $113.42 and a one year high of $198.30.

Capital One Financial (NYSE:COF - Get Free Report) last announced 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 net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the prior year, the business posted $4.45 EPS. Capital One Financial's quarterly revenue was up 6.8% on a year-over-year basis. As a group, equities analysts anticipate that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.28%. Capital One Financial's dividend payout ratio is currently 22.66%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on COF shares. Citigroup assumed coverage on Capital One Financial in a research report on Friday, September 20th. They issued a "buy" rating and a $190.00 price target for the company. Barclays raised their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. The Goldman Sachs Group boosted their price target 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. Evercore ISI raised their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an "in-line" rating in a research note on Wednesday, October 30th. Finally, Robert W. Baird boosted their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a research note on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company 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.