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Capital One Financial Corporation $COF Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

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Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Capital One Financial Corporation (NYSE:COF) by 4.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,339,528 shares of the financial services provider's stock after purchasing an additional 59,166 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.21% of Capital One Financial worth $332,109,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of COF. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Capital One Financial by 0.9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 93,230 shares of the financial services provider's stock worth $22,595,000 after purchasing an additional 837 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of Capital One Financial by 13.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 734 shares of the financial services provider's stock worth $178,000 after buying an additional 86 shares during the last quarter. RNC Capital Management LLC lifted its stake in shares of Capital One Financial by 0.7% during the fourth quarter. RNC Capital Management LLC now owns 285,646 shares of the financial services provider's stock worth $69,229,000 after buying an additional 2,120 shares during the period. Falcon Wealth Planning acquired a new stake in shares of Capital One Financial during the fourth quarter worth $204,000. Finally, Adirondack Capital Advisors LLC purchased a new stake in shares of Capital One Financial during the fourth quarter valued at $1,823,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Neal Blinde sold 38,135 shares of the company's stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total value of $7,265,098.85. Following the transaction, the insider directly owned 33,551 shares in the company, valued at approximately $6,391,801.01. This represents a 53.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Lia Dean sold 1,692 shares of the firm's stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total value of $314,052.12. Following the sale, the insider directly owned 65,454 shares of the company's stock, valued at approximately $12,148,916.94. This trade represents a 2.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 46,404 shares of company stock valued at $8,884,404. Insiders own 0.78% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on COF shares. The Goldman Sachs Group cut their target price on Capital One Financial from $300.00 to $260.00 and set a "buy" rating on the stock in a research report on Tuesday, April 7th. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $213.00 to $215.00 and gave the company an "overweight" rating in a report on Wednesday, April 22nd. Jefferies Financial Group restated a "buy" rating and issued a $300.00 price objective on shares of Capital One Financial in a research note on Monday, March 16th. BTIG Research reiterated a "buy" rating and issued a $224.00 target price on shares of Capital One Financial in a research report on Wednesday, April 22nd. Finally, Barclays upped their price target on shares of Capital One Financial from $226.00 to $250.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 22nd. Eighteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Capital One Financial currently has an average rating of "Moderate Buy" and an average target price of $258.14.

View Our Latest Stock Analysis on COF

Capital One Financial Trading Down 0.1%

Shares of COF opened at $189.70 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The firm has a 50-day moving average price of $190.07 and a 200 day moving average price of $213.26. Capital One Financial Corporation has a 12-month low of $174.98 and a 12-month high of $259.64. The firm has a market capitalization of $117.98 billion, a P/E ratio of 66.56, a P/E/G ratio of 0.69 and a beta of 1.05.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The firm had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. During the same quarter in the previous year, the firm earned $4.06 earnings per share. The business's revenue for the quarter was up 52.3% compared to the same quarter last year. Sell-side analysts forecast that Capital One Financial Corporation will post 19.17 EPS for the current year.

About Capital One Financial

(Free Report)

Capital One Financial Corporation NYSE: COF is a diversified bank holding company headquartered in McLean, Virginia. The company's core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.

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Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corporation (NYSE:COF - Free Report).

Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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