Nomura Asset Management Co. Ltd. Acquires 6,690 Shares of Capital One Financial Co. (NYSE:COF)

Nomura Asset Management Co. Ltd. boosted its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 6.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 119,053 shares of the financial services provider's stock after purchasing an additional 6,690 shares during the period. Nomura Asset Management Co. Ltd.'s holdings in Capital One Financial were worth $17,826,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp raised its holdings in shares of Capital One Financial by 0.5% during the third quarter. State Street Corp now owns 16,506,861 shares of the financial services provider's stock valued at $2,471,572,000 after acquiring an additional 74,784 shares in the last quarter. Fisher Asset Management LLC lifted its position 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 purchasing an additional 72,097 shares during the period. FMR LLC boosted its stake in shares of Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider's stock valued at $994,350,000 after purchasing an additional 1,169,395 shares in the last quarter. Clearbridge Investments LLC increased its position in shares of Capital One Financial by 5.5% during the second quarter. Clearbridge Investments LLC now owns 3,663,439 shares of the financial services provider's stock valued at $507,203,000 after buying an additional 189,843 shares during the period. Finally, Legal & General Group Plc raised its stake in Capital One Financial by 2.5% in the second quarter. Legal & General Group Plc now owns 3,331,196 shares of the financial services provider's stock worth $461,204,000 after buying an additional 79,908 shares in the last quarter. Institutional investors own 89.84% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Keefe, Bruyette & Woods upped their target price on Capital One Financial from $185.00 to $232.00 and gave the stock an "outperform" rating in a report on Monday. Barclays increased their price objective 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. Robert W. Baird upped their target price 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. JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a "neutral" rating in a research note on Monday. Finally, Evercore ISI boosted 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. Twelve analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Capital One Financial currently has an average rating of "Hold" and a consensus target price of $168.47.

Insider Buying and Selling

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the business's stock in a transaction dated 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 of the company's stock, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the firm's stock in a transaction dated Tuesday, November 12th. The stock was 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 $5,038,465.32. This trade represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is owned by insiders.

Capital One Financial Stock Performance

Shares of COF stock traded up $2.14 during trading hours on Wednesday, reaching $186.08. The company had a trading volume of 2,802,980 shares, compared to its average volume of 2,570,563. The firm has a market cap of $70.99 billion, a PE ratio of 17.35, a price-to-earnings-growth ratio of 1.37 and a beta of 1.45. The business has a fifty day moving average price of $171.85 and a 200-day moving average price of $151.80. Capital One Financial Co. has a one year low of $118.52 and a one year high of $198.30. 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 (NYSE:COF - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the previous year, the company posted $4.45 earnings per share. Capital One Financial's revenue was up 6.8% compared to the same quarter last year. Sell-side analysts predict that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.29%. The ex-dividend date was Thursday, November 14th. Capital One Financial's dividend payout ratio (DPR) 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.