Sumitomo Mitsui Trust Group Inc. Purchases 13,972 Shares of Capital One Financial Co. (NYSE:COF)

Sumitomo Mitsui Trust Group Inc. grew its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 1.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 871,047 shares of the financial services provider's stock after purchasing an additional 13,972 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.23% of Capital One Financial worth $130,422,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in COF. Capital Research Global Investors lifted its holdings in shares of Capital One Financial by 72.8% during the first quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider's stock worth $3,145,761,000 after buying an additional 8,900,241 shares during the last quarter. Eminence Capital LP acquired a new stake in Capital One Financial in the 2nd quarter worth $127,465,000. Clearbridge Investments LLC increased its holdings in shares of Capital One Financial by 18.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,473,596 shares of the financial services provider's stock worth $517,184,000 after purchasing an additional 549,665 shares during the period. International Assets Investment Management LLC raised its position in shares of Capital One Financial by 123.4% during the second quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider's stock valued at $107,016,000 after buying an additional 427,000 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its position in Capital One Financial by 1,518.0% during the third quarter. Assenagon Asset Management S.A. now owns 412,355 shares of the financial services provider's stock worth $61,742,000 after buying an additional 386,870 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Insider Activity at Capital One Financial

In related news, insider Frank G. LapradeIii sold 15,751 shares of the company's stock in a transaction 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 completion of the sale, the insider now owns 44,711 shares in the company, valued at $7,153,760. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial 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 approximately $7,153,760. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the firm's stock in a transaction 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 owns 19,776 shares in the company, valued at approximately $3,211,029.12. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 18,466 shares of company stock worth $2,977,116 in the last ninety days. Company insiders own 1.30% of the company's stock.

Capital One Financial Trading Down 1.7 %

Shares of COF traded down $3.12 during trading hours on Thursday, hitting $181.81. 1,417,439 shares of the stock traded hands, compared to its average volume of 2,560,847. The business has a fifty day moving average of $156.00 and a 200-day moving average of $145.81. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $69.36 billion, a PE ratio of 17.19, a price-to-earnings-growth ratio of 1.39 and a beta of 1.43. Capital One Financial Co. has a 1-year low of $104.21 and a 1-year high of $198.30.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating 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 during the quarter, compared to analysts' expectations of $9.88 billion. During the same quarter in the previous year, the company posted $4.45 EPS. The business's revenue for the quarter was up 6.8% compared to the same quarter last year. Analysts expect that Capital One Financial Co. will post 13.46 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared 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 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%.

Analysts Set New Price Targets

A number of analysts have commented on the company. Bank of America raised their price objective on Capital One Financial from $158.00 to $161.00 and gave the stock a "buy" rating in a research report on Wednesday, July 24th. Evercore ISI increased their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the company an "in-line" rating in a research note on Wednesday, October 30th. Barclays lifted 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 research report on Tuesday, October 8th. JPMorgan Chase & Co. raised their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a "neutral" rating in a research note on Monday, October 7th. Finally, Citigroup started coverage on 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. Eleven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Capital One Financial presently has a consensus rating of "Hold" and an average price target of $156.35.

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.