Mitsubishi UFJ Trust & Banking Corp increased its holdings in Capital One Financial Corporation (NYSE:COF) by 48.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 351,806 shares of the financial services provider’s stock after buying an additional 114,792 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.09% of Capital One Financial worth $74,850,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Eagle Bay Advisors LLC boosted its holdings in shares of Capital One Financial by 3.6% during the second quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock valued at $299,000 after acquiring an additional 49 shares during the period. Cantor Fitzgerald Investment Advisors L.P. boosted its position in shares of Capital One Financial by 0.3% during the second quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock worth $3,532,000 after buying an additional 50 shares during the period. Atlantic Edge Private Wealth Management LLC grew its holdings in Capital One Financial by 66.7% in the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock worth $27,000 after buying an additional 50 shares in the last quarter. TFB Advisors LLC raised its stake in Capital One Financial by 3.4% during the 1st quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider’s stock valued at $276,000 after acquiring an additional 51 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. boosted its position in Capital One Financial by 0.9% during the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider’s stock worth $1,097,000 after acquiring an additional 53 shares during the period. Institutional investors own 89.84% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages recently issued reports on COF. The Goldman Sachs Group increased their target price on shares of Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Redburn Atlantic raised Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st. JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $235.00 to $237.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. HSBC boosted their target price on shares of Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a report on Thursday, October 23rd. Finally, Evercore ISI lifted their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 30th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.
Capital One Financial Trading Up 0.7%
NYSE:COF opened at $222.34 on Thursday. The stock has a market cap of $141.35 billion, a PE ratio of 93.81, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The stock’s 50-day moving average is $219.11 and its two-hundred day moving average is $210.54.
Capital One Financial (NYSE:COF – Get Free Report) last issued its earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The company had revenue of $15.46 billion during the quarter. As a group, equities research analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.
Capital One Financial Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 17th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.4%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date is Monday, November 17th. Capital One Financial’s dividend payout ratio is presently 135.02%.
Insider Buying and Selling at Capital One Financial
In other news, CEO Richard D. Fairbank sold 103,487 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $220.68, for a total transaction of $22,837,511.16. Following the transaction, the chief executive officer owned 4,001,228 shares in the company, valued at approximately $882,990,995.04. This trade represents a 2.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Neal Blinde sold 43,200 shares of the company’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the completion of the sale, the insider owned 73,020 shares of the company’s stock, valued at $16,198,026.60. This represents a 37.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 256,380 shares of company stock valued at $57,129,478. 1.26% of the stock is currently owned by insiders.
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.
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