IFM Investors Pty Ltd Boosts Holdings in Capital One Financial Corporation (NYSE:COF)

IFM Investors Pty Ltd increased its position in Capital One Financial Corporation (NYSE:COF - Free Report) by 8.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,517 shares of the financial services provider's stock after buying an additional 6,879 shares during the period. IFM Investors Pty Ltd's holdings in Capital One Financial were worth $15,512,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in Capital One Financial in the fourth quarter valued at approximately $590,279,000. Lone Pine Capital LLC acquired a new stake in Capital One Financial in the 4th quarter valued at $577,012,000. Egerton Capital UK LLP acquired a new stake in Capital One Financial in the 4th quarter valued at $279,159,000. FMR LLC grew its position in Capital One Financial by 21.6% in the 4th quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock valued at $1,440,449,000 after purchasing an additional 1,436,935 shares during the period. Finally, Meritage Group LP acquired a new stake in Capital One Financial in the 4th quarter valued at $227,662,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

COF has been the subject of a number of analyst reports. Royal Bank Of Canada set a $190.00 price objective on shares of Capital One Financial and gave the company a "sector perform" rating in a report on Monday, April 14th. Citigroup cut their price target 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. Baird R W upgraded Capital One Financial from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 11th. JPMorgan Chase & Co. lifted their price target on Capital One Financial from $183.00 to $210.00 and gave the company a "neutral" rating in a research note on Thursday, June 26th. Finally, BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price on the stock in a research report on Tuesday, March 25th. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and an average price target of $215.86.

Insider Transactions at Capital One Financial

In related news, insider Michael Zamsky sold 9,560 shares of the company's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the sale, the insider directly owned 20,089 shares in the company, valued at approximately $4,005,746.60. This represents a 32.24% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of the stock in a transaction on Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the sale, the director owned 56,244 shares in the company, valued at approximately $11,175,682.80. This represents a 2.86% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by insiders.

Capital One Financial Stock Performance

Shares of NYSE COF traded down $2.84 during midday trading on Monday, reaching $218.07. The company's stock had a trading volume of 2,741,840 shares, compared to its average volume of 3,608,523. The firm has a 50 day moving average price of $197.07 and a 200-day moving average price of $188.01. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.98 and a quick ratio of 0.97. Capital One Financial Corporation has a 12-month low of $128.23 and a 12-month high of $221.95. The stock has a market capitalization of $83.55 billion, a P/E ratio of 18.31, a PEG ratio of 0.93 and a beta of 1.15.

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

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Friday, May 23rd. Capital One Financial's dividend payout ratio (DPR) is currently 20.15%.

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.