3,453 Shares in Capital One Financial Co. (NYSE:COF) Acquired by Aigen Investment Management LP

Aigen Investment Management LP purchased a new stake in Capital One Financial Co. (NYSE:COF) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 3,453 shares of the financial services provider’s stock, valued at approximately $517,000.

Several other institutional investors also recently made changes to their positions in COF. Capital Research Global Investors boosted its holdings in Capital One Financial by 72.8% in the first quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider’s stock valued at $3,145,761,000 after acquiring an additional 8,900,241 shares during the last quarter. Eminence Capital LP acquired a new position in shares of Capital One Financial in the 2nd quarter valued at about $127,465,000. Clearbridge Investments LLC grew 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 holdings in Capital One Financial by 123.4% in 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 period. Finally, Assenagon Asset Management S.A. raised its holdings in Capital One Financial by 1,518.0% in the third quarter. Assenagon Asset Management S.A. now owns 412,355 shares of the financial services provider’s stock valued at $61,742,000 after buying an additional 386,870 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $183.00 on Friday. The firm has a market cap of $69.82 billion, a PE ratio of 17.28, 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. The firm’s 50-day simple moving average is $156.00 and its 200-day simple moving average is $145.81. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. During the same quarter last year, the business posted $4.45 EPS. Capital One Financial’s quarterly revenue was up 6.8% compared to the same quarter last year. Equities analysts forecast that Capital One Financial Co. will post 13.46 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be paid a dividend of $0.60 per share. The ex-dividend date is Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.31%. Capital One Financial’s payout ratio is 22.66%.

Insiders Place Their Bets

In related news, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the firm’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. The trade was a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 29,007 shares of company stock valued at $4,982,647. Company insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

COF has been the subject of several recent research reports. JPMorgan Chase & Co. increased their price objective 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. Citigroup began coverage on Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective on the stock. Royal Bank of Canada upped their target price on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research report on Friday, October 25th. Robert W. Baird increased their target price on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Finally, Evercore ISI boosted their price target on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Eleven analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Capital One Financial has an average rating of “Hold” and an average price target of $156.35.

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.