Capital One Financial Co. (NYSE:COF) Stake Lifted by Vinva Investment Management Ltd

Vinva Investment Management Ltd increased its stake in shares of Capital One Financial Co. (NYSE:COF) by 44.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,437 shares of the financial services provider’s stock after buying an additional 6,957 shares during the quarter. Vinva Investment Management Ltd’s holdings in Capital One Financial were worth $3,345,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Capital One Financial by 6.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,457,241 shares of the financial services provider’s stock worth $367,923,000 after buying an additional 158,869 shares during the last quarter. Public Sector Pension Investment Board grew its stake in shares of Capital One Financial by 2.8% in the third quarter. Public Sector Pension Investment Board now owns 66,623 shares of the financial services provider’s stock worth $9,975,000 after purchasing an additional 1,816 shares in the last quarter. CreativeOne Wealth LLC grew its stake in shares of Capital One Financial by 16.7% in the third quarter. CreativeOne Wealth LLC now owns 2,087 shares of the financial services provider’s stock worth $313,000 after purchasing an additional 298 shares in the last quarter. Glenmede Trust Co. NA grew its stake in shares of Capital One Financial by 11.9% in the third quarter. Glenmede Trust Co. NA now owns 54,644 shares of the financial services provider’s stock worth $8,182,000 after purchasing an additional 5,819 shares in the last quarter. Finally, Bridgewater Associates LP grew its stake in shares of Capital One Financial by 100.0% in the third quarter. Bridgewater Associates LP now owns 87,650 shares of the financial services provider’s stock worth $13,124,000 after purchasing an additional 43,818 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Royal Bank of Canada increased their price target on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. increased their price target on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. The Goldman Sachs Group increased their price target on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Barclays increased their price target on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. Finally, Citigroup initiated coverage on Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price target for the company. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $160.18.

Capital One Financial Trading Down 0.1 %

Shares of NYSE COF opened at $191.29 on Friday. Capital One Financial Co. has a 12 month low of $106.14 and a 12 month high of $198.30. The company has a market cap of $72.98 billion, a price-to-earnings ratio of 18.06, a P/E/G ratio of 1.40 and a beta of 1.43. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The business has a fifty day simple moving average of $165.78 and a 200-day simple moving average of $149.10.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating the consensus estimate 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 business had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same period in the prior year, the business posted $4.45 earnings per share. Capital One Financial’s revenue was up 6.8% compared to the same quarter last year. Sell-side analysts predict that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders 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 22.66%.

Insider Activity

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the 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 sale, the insider now directly owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction dated Thursday, October 17th. The stock was 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 directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock valued at $4,982,647 over the last three months. 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.