Natixis Advisors LLC Increases Stake in Capital One Financial Co. (NYSE:COF)

Natixis Advisors LLC boosted its stake in shares of Capital One Financial Co. (NYSE:COF) by 7.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 156,592 shares of the financial services provider’s stock after purchasing an additional 10,919 shares during the period. Natixis Advisors LLC’s holdings in Capital One Financial were worth $23,447,000 at the end of the most recent reporting period.

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

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Kara West sold 721 shares of the business’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,007 shares of company stock worth $4,982,647 over the last quarter. 1.30% of the stock is currently owned by company insiders.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $182.86 on Tuesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The business has a 50 day simple moving average of $158.54 and a two-hundred day simple moving average of $146.68. The stock has a market capitalization of $69.76 billion, a P/E ratio of 17.27, a PEG ratio of 1.37 and a beta of 1.43. Capital One Financial Co. has a 12 month low of $105.39 and a 12 month high of $198.30.

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 for the quarter, beating analysts’ consensus estimates 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 firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the firm posted $4.45 EPS. As a group, analysts predict that Capital One Financial Co. will post 13.54 EPS for the current fiscal 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 issued a dividend of $0.60 per share. The ex-dividend date is Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.31%. Capital One Financial’s dividend payout ratio is currently 22.66%.

Analyst Ratings Changes

Several research firms have recently commented on COF. Citigroup began coverage on shares of Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective on the stock. 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 report on Friday, October 25th. JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a report on Monday, October 7th. 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 report on Friday, October 25th. Finally, Bank of America upped their price objective on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $156.35.

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.