Capital One Financial Co. (NYSE:COF) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC raised its position in Capital One Financial Co. (NYSE:COF) by 7.5% in the 3rd quarter, Holdings Channel reports. The fund owned 156,592 shares of the financial services provider’s stock after acquiring 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 filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in COF. LRI Investments LLC purchased a new stake in Capital One Financial in the 1st quarter valued at approximately $25,000. Y.D. More Investments Ltd acquired a new stake in shares of Capital One Financial in the second quarter valued at about $28,000. Hobbs Group Advisors LLC purchased a new stake in Capital One Financial during the second quarter worth about $29,000. Unique Wealth Strategies LLC acquired a new position in Capital One Financial during the second quarter worth about $36,000. Finally, Catalyst Capital Advisors LLC purchased a new position in Capital One Financial in the third quarter valued at about $36,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In related news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the sale, the insider now owns 44,711 shares in the company, valued at $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 value of $2,005,530.66. Following the completion of the transaction, the insider now owns 26,482 shares of the company’s stock, valued at approximately $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. In the last ninety days, insiders have sold 29,007 shares of company stock valued at $4,982,647. Corporate insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on COF. Royal Bank of Canada boosted their price target on 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. JPMorgan Chase & Co. upped their target price on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research note on Monday, October 7th. Evercore ISI raised their price target 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. Barclays lifted their price target on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Finally, Robert W. Baird increased their price target 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 equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $156.35.

Capital One Financial Price Performance

Shares of NYSE COF opened at $182.86 on Tuesday. The business has a 50 day moving average price of $158.54 and a two-hundred day moving average price of $146.68. Capital One Financial Co. has a fifty-two week low of $105.39 and a fifty-two week high of $198.30. The firm has a market cap of $69.76 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 1.37 and a beta of 1.43. 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) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (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 firm had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same period in the prior year, the company posted $4.45 earnings per share. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. Sell-side analysts expect that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be issued 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 1.31%. Capital One Financial’s dividend payout ratio (DPR) is 22.66%.

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.