Principal Financial Group Inc. Acquires 17,825 Shares of Capital One Financial Co. (NYSE:COF)

Principal Financial Group Inc. boosted its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 4.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 430,654 shares of the financial services provider's stock after acquiring an additional 17,825 shares during the period. Principal Financial Group Inc. owned 0.11% of Capital One Financial worth $64,482,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in COF. LRI Investments LLC bought a new stake in shares of Capital One Financial in the 1st quarter worth approximately $25,000. Y.D. More Investments Ltd purchased a new position in shares of Capital One Financial during the 2nd quarter valued at $28,000. Hobbs Group Advisors LLC bought a new position in shares of Capital One Financial during the 2nd quarter worth $29,000. Unique Wealth Strategies LLC purchased a new stake in Capital One Financial in the 2nd quarter worth about $36,000. Finally, Catalyst Capital Advisors LLC bought a new stake in Capital One Financial in the 3rd quarter valued at about $36,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the business's stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the sale, the insider now directly owns 19,776 shares of the company's stock, valued at $3,211,029.12. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, insider Frank G. LapradeIii sold 15,751 shares of the firm'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 in the company, valued at approximately $7,153,760. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the company's stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the sale, the insider now owns 19,776 shares of the company's stock, valued at $3,211,029.12. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

Analysts Set New Price Targets

COF has been the subject of a number of research reports. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a "neutral" rating in a research report on Monday, October 7th. Barclays boosted their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the company an "equal weight" rating in a report on Tuesday, October 8th. Evercore ISI raised their price target on Capital One Financial from $163.00 to $184.00 and gave the stock an "in-line" rating in a report on Wednesday, October 30th. Citigroup began coverage on Capital One Financial in a research note on Friday, September 20th. They set a "buy" rating and a $190.00 price objective on the stock. Finally, 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 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, Capital One Financial currently has an average rating of "Hold" and a consensus target price of $156.35.

Capital One Financial Price Performance

COF traded up $0.39 during trading on Friday, reaching $185.21. The stock had a trading volume of 4,247,350 shares, compared to its average volume of 3,288,352. The business has a 50-day moving average of $153.47 and a 200-day moving average of $144.96. Capital One Financial Co. has a one year low of $102.63 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. The stock has a market cap of $70.66 billion, a PE ratio of 17.49, a PEG ratio of 1.42 and a beta of 1.43.

Capital One Financial (NYSE:COF - Get Free Report) last announced 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 for the quarter, compared to analysts' expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. Capital One Financial's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the firm posted $4.45 EPS. As a group, equities research analysts anticipate that Capital One Financial Co. will post 13.46 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be paid a $0.60 dividend. The ex-dividend date is Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.30%. Capital One Financial's dividend payout ratio (DPR) is 22.66%.

Capital One Financial 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.