Capital One Financial Co. (NYSE:COF) Shares Acquired by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. lifted its holdings in Capital One Financial Co. (NYSE:COF) by 8.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,808 shares of the financial services provider’s stock after purchasing an additional 848 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Capital One Financial were worth $1,618,000 at the end of the most recent reporting period.

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

Insider Buying and Selling

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction 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 transaction, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction dated 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 sale, 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 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.

Capital One Financial Trading Down 1.0 %

NYSE:COF opened at $183.00 on Friday. 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 capitalization of $69.82 billion, a price-to-earnings ratio of 17.28, a PEG 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. The stock has a fifty day moving average price of $156.00 and a two-hundred day moving average price of $145.81.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.70 by $0.81. The business had revenue of $10 billion for 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 company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the company earned $4.45 earnings per share. As a group, sell-side analysts anticipate that Capital One Financial Co. will post 13.46 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced 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 1.31%. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

Analyst Ratings Changes

A number of equities research analysts have commented on COF shares. Royal Bank of Canada increased their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. raised their price target 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. Citigroup started coverage on Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price objective for the company. Barclays raised their target price on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Finally, Bank of America upped their price target on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Eleven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, Capital One Financial currently has an average rating of “Hold” and an average target price 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.