Tokio Marine Asset Management Co. Ltd. Grows Stock Position in Capital One Financial Co. (NYSE:COF)

Tokio Marine Asset Management Co. Ltd. lifted its stake in Capital One Financial Co. (NYSE:COF) by 8.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,808 shares of the financial services provider’s stock after buying an additional 848 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Capital One Financial were worth $1,618,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of COF. Vanguard Group Inc. grew its stake in shares of Capital One Financial by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 30,893,408 shares of the financial services provider’s stock worth $4,599,720,000 after purchasing an additional 226,720 shares during the period. Capital Research Global Investors grew its position in Capital One Financial by 72.8% during the first quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider’s stock valued at $3,145,761,000 after buying an additional 8,900,241 shares during the period. Clearbridge Investments LLC increased its holdings in Capital One Financial by 5.5% in the second quarter. Clearbridge Investments LLC now owns 3,663,439 shares of the financial services provider’s stock valued at $507,203,000 after buying an additional 189,843 shares in the last quarter. Legal & General Group Plc raised its position in shares of Capital One Financial by 2.5% in the second quarter. Legal & General Group Plc now owns 3,331,196 shares of the financial services provider’s stock worth $461,204,000 after acquiring an additional 79,908 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in shares of Capital One Financial by 0.5% during the 1st quarter. Janus Henderson Group PLC now owns 1,216,724 shares of the financial services provider’s stock worth $181,155,000 after acquiring an additional 5,473 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares in the company, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the sale, the insider now owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 29,007 shares of company stock worth $4,982,647. Insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Citigroup started coverage on Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 price target for the company. Evercore ISI upped their target price on 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. Bank of America increased their target price on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. JPMorgan Chase & Co. boosted their price target 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. Finally, Robert W. Baird increased their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Eleven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Hold” and a consensus price target of $156.35.

Capital One Financial Stock Down 1.0 %

Shares of NYSE:COF opened at $183.00 on Friday. Capital One Financial Co. has a 52-week low of $104.21 and a 52-week high of $198.30. The stock has a market cap of $69.82 billion, a P/E ratio of 17.28, a PEG ratio of 1.39 and a beta of 1.43. The business has a fifty day moving average of $156.00 and a two-hundred day moving average of $145.81. 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 (NYSE:COF) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. The firm had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. Capital One Financial’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.45 earnings per share. On average, 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 company also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.31%. The ex-dividend date is Thursday, November 14th. Capital One Financial’s payout ratio is presently 22.66%.

Capital One Financial Company 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.