Tidal Investments LLC Acquires 1,994 Shares of Capital One Financial Co. (NYSE:COF)

Tidal Investments LLC increased its holdings in shares of Capital One Financial Co. (NYSE:COF) by 10.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,482 shares of the financial services provider’s stock after acquiring an additional 1,994 shares during the period. Tidal Investments LLC’s holdings in Capital One Financial were worth $3,067,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in COF. Asset Management One Co. Ltd. boosted its holdings in Capital One Financial by 5.3% during the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock valued at $21,976,000 after purchasing an additional 7,331 shares in the last quarter. CWA Asset Management Group LLC acquired a new position in shares of Capital One Financial in the 3rd quarter worth approximately $1,649,000. Dai ichi Life Insurance Company Ltd lifted its position in shares of Capital One Financial by 36.8% during the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock worth $1,671,000 after buying an additional 3,000 shares during the period. Fisher Asset Management LLC boosted its stake in Capital One Financial by 0.7% in the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after buying an additional 72,097 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Capital One Financial by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,687,999 shares of the financial services provider’s stock valued at $402,474,000 after acquiring an additional 28,541 shares during the period. Institutional investors own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In other Capital One Financial 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 transaction of $2,005,530.66. Following the transaction, the insider now owns 26,482 shares in the company, 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction dated 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 sale, the insider now directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. This trade represents a 26.05 % 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 in the last three months. Insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on COF. Bank of America downgraded shares of Capital One Financial from a “buy” rating to a “neutral” rating and reduced their target price for the company from $203.00 to $200.00 in a research note on Monday, December 9th. The Goldman Sachs Group boosted their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. 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 report on Tuesday, October 8th. Finally, Keefe, Bruyette & Woods lifted their price objective on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Capital One Financial presently has an average rating of “Hold” and a consensus target price of $171.50.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $184.53 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 1-year low of $123.23 and a 1-year high of $198.30. The stock has a market capitalization of $70.40 billion, a P/E ratio of 17.42, a P/E/G ratio of 1.36 and a beta of 1.45. The business has a 50-day moving average price of $174.06 and a two-hundred day moving average price of $152.71.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. 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 previous year, the firm posted $4.45 earnings per share. Capital One Financial’s revenue for the quarter was up 6.8% compared to the same quarter last year. Equities analysts predict that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

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.