Point72 Asia Singapore Pte. Ltd. Invests $617,000 in Capital One Financial Co. (NYSE:COF)

Point72 Asia Singapore Pte. Ltd. bought a new stake in Capital One Financial Co. (NYSE:COF - Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 4,122 shares of the financial services provider's stock, valued at approximately $617,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Y.D. More Investments Ltd acquired a new stake in Capital One Financial in the second quarter valued at approximately $28,000. Hobbs Group Advisors LLC purchased a new position in shares of Capital One Financial during the second quarter worth approximately $29,000. Unique Wealth Strategies LLC acquired a new position in Capital One Financial in the second quarter valued at $36,000. Catalyst Capital Advisors LLC purchased a new stake in Capital One Financial during the 3rd quarter valued at approximately $36,000. Finally, Versant Capital Management Inc increased its holdings in shares of Capital One Financial by 391.5% in the second quarter. Versant Capital Management Inc now owns 290 shares of the financial services provider's stock valued at $40,000 after purchasing an additional 231 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Trading Down 0.3 %

Shares of NYSE COF traded down $0.47 during midday trading on Tuesday, hitting $187.05. The stock had a trading volume of 2,355,033 shares, compared to its average volume of 3,386,355. Capital One Financial Co. has a 1-year low of $112.64 and a 1-year high of $198.30. The company has a fifty day moving average price of $168.10 and a 200 day moving average price of $150.17. The company has a market capitalization of $71.36 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 1.37 and a beta of 1.45. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78.

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 for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. The company had revenue of $10 billion during the quarter, compared to analysts' expectations of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm's revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the company posted $4.45 EPS. On average, analysts predict that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were paid 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 (DPR) is presently 22.66%.

Analyst Ratings Changes

Several equities analysts have issued reports on COF shares. Citigroup began coverage on shares of Capital One Financial in a research note on Friday, September 20th. They issued a "buy" rating and a $190.00 price objective on the stock. JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a "neutral" rating in a report on Monday, October 7th. Royal Bank of Canada lifted their price objective on Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a report on Friday, October 25th. Robert W. Baird increased their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a research note on Friday, October 25th. Finally, The Goldman Sachs Group lifted their price target on Capital One Financial from $182.00 to $205.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Capital One Financial currently has a consensus rating of "Hold" and a consensus target price of $160.18.

Insider Transactions at Capital One Financial

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the sale, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the business's stock in a transaction that occurred 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 of the company's stock, valued at $7,153,760. This represents a 26.05 % 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.

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.