732,855 Shares in Capital One Financial Co. (NYSE:COF) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new stake in Capital One Financial Co. (NYSE:COF) during the fourth quarter, HoldingsChannel.com reports. The fund bought 732,855 shares of the financial services provider’s stock, valued at approximately $130,683,000. Capital One Financial makes up about 6.0% of International Assets Investment Management LLC’s investment portfolio, making the stock its 2nd biggest position.

Several other institutional investors have also recently bought and sold shares of COF. Y.D. More Investments Ltd acquired a new position in shares of Capital One Financial in the second quarter valued at about $28,000. Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial during the third quarter worth approximately $36,000. Strategic Financial Concepts LLC bought a new stake in Capital One Financial during the second quarter worth about $42,000. Creative Financial Designs Inc. ADV raised its holdings in shares of Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after buying an additional 166 shares in the last quarter. Finally, Eastern Bank acquired a new stake in Capital One Financial in the third quarter valued at about $44,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 1.3 %

Shares of NYSE:COF traded down $2.39 during midday trading on Wednesday, hitting $179.50. 222,809 shares of the company’s stock were exchanged, compared to its average volume of 1,712,037. Capital One Financial Co. has a 12 month low of $123.23 and a 12 month high of $198.30. The company has a market cap of $68.48 billion, a PE ratio of 16.95, a price-to-earnings-growth ratio of 1.36 and a beta of 1.46. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a 50 day moving average price of $182.05 and a 200-day moving average price of $158.00.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, beating 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 return on equity of 9.00% and a net margin of 8.80%. The business’s revenue was up 6.8% on a year-over-year basis. During the same period last year, the business earned $4.45 EPS. On average, sell-side analysts anticipate that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s payout ratio is currently 22.66%.

Insider Buying and Selling

In other news, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Kara West sold 721 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the transaction, the insider now directly owns 12,929 shares in the company, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, 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 Analyst Weigh In

A number of equities analysts recently issued reports on COF shares. Evercore ISI upped their price objective on shares of 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. Royal Bank of Canada raised their price objective on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. The Goldman Sachs Group upped their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Keefe, Bruyette & Woods boosted their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Finally, Citigroup started coverage on shares of Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price target on the stock. Ten research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $181.12.

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.