Natixis Advisors LLC raised its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 7.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 156,592 shares of the financial services provider's stock after purchasing an additional 10,919 shares during the period. Natixis Advisors LLC's holdings in Capital One Financial were worth $23,447,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Empowered Funds LLC grew its holdings in shares of Capital One Financial by 5.5% during the third quarter. Empowered Funds LLC now owns 9,197 shares of the financial services provider's stock valued at $1,377,000 after purchasing an additional 477 shares during the last quarter. Empirical Finance LLC lifted its position in Capital One Financial by 2.0% in the third quarter. Empirical Finance LLC now owns 13,523 shares of the financial services provider's stock worth $2,025,000 after purchasing an additional 259 shares during the period. Vectors Research Management LLC raised its position in Capital One Financial by 0.8% in the third quarter. Vectors Research Management LLC now owns 11,110 shares of the financial services provider's stock worth $1,658,000 after acquiring an additional 93 shares in the last quarter. CIBC Asset Management Inc lifted its position in shares of Capital One Financial by 8.3% during the 3rd quarter. CIBC Asset Management Inc now owns 55,654 shares of the financial services provider's stock valued at $8,333,000 after acquiring an additional 4,250 shares during the last quarter. Finally, FUKOKU MUTUAL LIFE INSURANCE Co grew its holdings in shares of Capital One Financial by 121.8% in the 3rd quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 4,552 shares of the financial services provider's stock worth $682,000 after acquiring an additional 2,500 shares during the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other Capital One Financial news, insider Kara West sold 721 shares of the firm's stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares of the company's stock, valued at approximately $2,388,374.17. This trade represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial 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 transaction, the insider now owns 26,482 shares of the company's stock, 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 a total of 29,007 shares of company stock valued at $4,982,647 in the last quarter. Corporate insiders own 1.30% of the company's stock.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the company. Bank of America lifted their target price on Capital One Financial from $158.00 to $161.00 and gave the company a "buy" rating in a research note on Wednesday, July 24th. Royal Bank of Canada boosted 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 note on Friday, October 25th. Evercore ISI lifted their target price on Capital One Financial from $163.00 to $184.00 and gave the stock an "in-line" rating in a research report on Wednesday, October 30th. Robert W. Baird raised their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a research report on Friday, October 25th. Finally, Citigroup initiated coverage on Capital One Financial in a research report on Friday, September 20th. They set a "buy" rating and a $190.00 price target on the stock. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $160.18.
View Our Latest Analysis on Capital One Financial
Capital One Financial Stock Performance
COF traded down $1.05 during trading hours on Tuesday, hitting $181.81. The stock had a trading volume of 862,176 shares, compared to its average volume of 2,567,398. Capital One Financial Co. has a 1 year low of $105.39 and a 1 year high of $198.30. The company's fifty day simple moving average is $158.54 and its 200 day simple moving average is $146.68. 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 cap of $69.36 billion, a PE ratio of 17.15, a price-to-earnings-growth ratio of 1.37 and a beta of 1.43.
Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating 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 analyst estimates of $9.88 billion. During the same period last year, the business earned $4.45 earnings per share. Capital One Financial's revenue was up 6.8% compared to the same quarter last year. Equities analysts anticipate that Capital One Financial Co. will post 13.54 earnings per share for the current year.
Capital One Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.32%. Capital One Financial's dividend payout ratio (DPR) is presently 22.66%.
Capital One Financial Company Profile
(
Free Report)
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.
Recommended Stories
Before you consider Capital One Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Capital One Financial wasn't on the list.
While Capital One Financial currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.