Capital One Financial Co. (NYSE:COF) Position Lifted by Dai ichi Life Insurance Company Ltd

Dai ichi Life Insurance Company Ltd lifted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 36.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,162 shares of the financial services provider’s stock after buying an additional 3,000 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in Capital One Financial were worth $1,671,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. LRI Investments LLC bought a new stake in shares of Capital One Financial in the 1st quarter worth $25,000. Y.D. More Investments Ltd bought a new stake in Capital One Financial during the second quarter worth approximately $28,000. Hobbs Group Advisors LLC bought a new position in shares of Capital One Financial in the second quarter valued at $29,000. Unique Wealth Strategies LLC acquired a new stake in shares of Capital One Financial during the 2nd quarter valued at $36,000. Finally, Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial during the 3rd quarter worth $36,000. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. 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 report on Friday, September 20th. They set a “buy” rating and a $190.00 price objective on the stock. 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 report on Friday, October 25th. Finally, Barclays lifted their price target on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $160.18.

Insider Activity at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the firm’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 sale, the insider now directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Kara West sold 721 shares of the business’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the transaction, the insider now directly owns 12,929 shares of the company’s stock, valued at $2,388,374.17. This represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is owned by insiders.

Capital One Financial Stock Down 0.1 %

COF stock opened at $191.27 on Thursday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The firm has a market cap of $72.97 billion, a PE ratio of 18.06, a PEG ratio of 1.40 and a beta of 1.43. Capital One Financial Co. has a 1 year low of $106.14 and a 1 year high of $198.30. The company has a fifty day simple moving average of $165.02 and a 200 day simple moving average of $148.80.

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 analysts’ consensus estimates of $3.70 by $0.81. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the business earned $4.45 EPS. 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 company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.25%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio is currently 22.66%.

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.