Capital One Financial Corporation (NYSE:COF) Shares Purchased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. grew its stake in Capital One Financial Corporation (NYSE:COF - Free Report) by 14.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 171,276 shares of the financial services provider's stock after purchasing an additional 21,246 shares during the period. Asset Management One Co. Ltd.'s holdings in Capital One Financial were worth $30,710,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of COF. Brighton Jones LLC raised its stake in shares of Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock worth $2,423,000 after buying an additional 10,428 shares during the period. Wealthspire Advisors LLC raised its stake in shares of Capital One Financial by 38.3% during the 4th quarter. Wealthspire Advisors LLC now owns 6,999 shares of the financial services provider's stock worth $1,248,000 after buying an additional 1,938 shares during the period. Howard Capital Management Inc. raised its stake in shares of Capital One Financial by 5.4% during the 4th quarter. Howard Capital Management Inc. now owns 2,481 shares of the financial services provider's stock worth $442,000 after buying an additional 126 shares during the period. Y Intercept Hong Kong Ltd raised its stake in shares of Capital One Financial by 25.1% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 17,464 shares of the financial services provider's stock worth $3,114,000 after buying an additional 3,505 shares during the period. Finally, IFP Advisors Inc raised its stake in shares of Capital One Financial by 31.0% during the 4th quarter. IFP Advisors Inc now owns 2,403 shares of the financial services provider's stock worth $428,000 after buying an additional 569 shares during the period. Hedge funds and other institutional investors own 89.84% of the company's stock.

Capital One Financial Trading Up 1.4%

Shares of COF traded up $2.90 during midday trading on Thursday, reaching $210.93. The company had a trading volume of 3,585,195 shares, compared to its average volume of 3,581,998. Capital One Financial Corporation has a 1-year low of $128.23 and a 1-year high of $211.53. The stock has a market cap of $80.82 billion, a PE ratio of 17.71, a price-to-earnings-growth ratio of 0.96 and a beta of 1.13. The firm has a 50 day simple moving average of $190.27 and a 200-day simple moving average of $186.04. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 0.65.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.75 by $0.31. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Research analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date was Friday, May 23rd. Capital One Financial's dividend payout ratio (DPR) is presently 20.15%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on COF. Wells Fargo & Company upped their target price on Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a research note on Thursday, April 24th. Bank of America increased their price objective on Capital One Financial from $223.00 to $233.00 and gave the company a "buy" rating in a research note on Wednesday, May 21st. BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a research note on Tuesday, March 25th. Barclays reissued an "overweight" rating and issued a $253.00 price objective (up from $212.00) on shares of Capital One Financial in a research note on Monday. Finally, Citigroup reduced their price objective on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Four investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $215.86.

Insider Buying and Selling

In related news, Director Ann F. Hackett sold 1,658 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the completion of the sale, the director now directly owns 56,244 shares of the company's stock, valued at approximately $11,175,682.80. This trade represents a 2.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $199.40, for a total value of $1,906,264.00. Following the sale, the insider now directly owns 20,089 shares of the company's stock, valued at $4,005,746.60. The trade was a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.26% 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.