Capital One Financial Co. (NYSE:COF) Shares Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. grew its holdings in Capital One Financial Co. (NYSE:COF) by 1.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 871,047 shares of the financial services provider’s stock after buying an additional 13,972 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Capital One Financial were worth $130,422,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in COF. Harbour Investments Inc. raised its position in Capital One Financial by 0.7% during the third 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 period. Entropy Technologies LP increased its stake in shares of Capital One Financial by 329.8% during the third quarter. Entropy Technologies LP now owns 14,511 shares of the financial services provider’s stock worth $2,173,000 after purchasing an additional 11,135 shares in the last quarter. Apollon Wealth Management LLC raised its position in shares of Capital One Financial by 4.8% during the 3rd quarter. Apollon Wealth Management LLC now owns 7,086 shares of the financial services provider’s stock worth $1,061,000 after purchasing an additional 323 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in Capital One Financial by 14.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,019 shares of the financial services provider’s stock valued at $153,000 after buying an additional 125 shares in the last quarter. Finally, Ashton Thomas Securities LLC purchased a new stake in Capital One Financial during the 3rd quarter worth approximately $53,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Down 0.7 %

Capital One Financial stock opened at $185.46 on Thursday. The company has a market capitalization of $70.75 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 1.39 and a beta of 1.43. 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 Co. has a fifty-two week low of $104.21 and a fifty-two week high of $198.30. The firm has a 50 day moving average price of $155.16 and a 200 day moving average price of $145.53.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (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 firm had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. During the same quarter in the previous year, the business earned $4.45 EPS. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. Research analysts expect that Capital One Financial Co. will post 13.46 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

Insider Buying and Selling

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider now owns 44,711 shares of the company’s stock, valued at $7,153,760. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction on 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 transaction, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Kara West sold 721 shares of the business’s stock in a transaction 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 transaction, the insider now directly owns 12,929 shares of the company’s stock, valued at $2,388,374.17. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 18,466 shares of company stock valued at $2,977,116 in the last ninety days. Company insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on COF. Royal Bank of Canada raised their target price on 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. Evercore ISI lifted their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday, October 7th. 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 target on the stock. Finally, Barclays upped their price objective 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. Eleven analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial presently has an average rating of “Hold” and a consensus 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.