Capital One Financial Co. (NYSE:COF) Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lifted its holdings in Capital One Financial Co. (NYSE:COF) by 8.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,537 shares of the financial services provider’s stock after purchasing an additional 5,221 shares during the period. Daiwa Securities Group Inc.’s holdings in Capital One Financial were worth $9,963,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in COF. Prossimo Advisors LLC grew its position in Capital One Financial by 2.4% in the third quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock worth $410,000 after buying an additional 65 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in shares of Capital One Financial by 3.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after acquiring an additional 66 shares in the last quarter. Harbour Investments Inc. grew its holdings in shares of Capital One Financial by 0.7% in the 3rd quarter. Harbour Investments Inc. now owns 9,579 shares of the financial services provider’s stock worth $1,434,000 after acquiring an additional 71 shares during the last quarter. Arvest Investments Inc. raised its position in shares of Capital One Financial by 1.2% during the third quarter. Arvest Investments Inc. now owns 6,513 shares of the financial services provider’s stock worth $975,000 after purchasing an additional 75 shares during the period. Finally, Bangor Savings Bank lifted its holdings in shares of Capital One Financial by 20.8% during the third quarter. Bangor Savings Bank now owns 448 shares of the financial services provider’s stock valued at $67,000 after purchasing an additional 77 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on COF. Evercore ISI boosted their price objective on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Royal Bank of Canada upped their price target 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. Citigroup began coverage on shares of Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. Barclays boosted their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Finally, Robert W. Baird raised their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $160.18.

Capital One Financial Stock Performance

Shares of COF opened at $191.93 on Tuesday. 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 Co. has a 12 month low of $105.43 and a 12 month high of $198.30. The company’s fifty day moving average is $163.17 and its 200-day moving average is $148.16. The firm has a market cap of $73.22 billion, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 1.36 and a beta of 1.43.

Capital One Financial (NYSE:COF) last posted its earnings results 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 company had revenue of $10 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company earned $4.45 earnings per share. Equities analysts expect that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.25%. Capital One Financial’s payout ratio is currently 22.66%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the company’s 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 completion of the sale, the insider now directly 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 at the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares in the company, valued at $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock worth $4,982,647 over the last 90 days. Insiders own 1.30% of the company’s stock.

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.