Capital One Financial Co. (NYSE:COF) Holdings Boosted by Tidal Investments LLC

Tidal Investments LLC grew its holdings in Capital One Financial Co. (NYSE:COF) by 10.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,482 shares of the financial services provider’s stock after purchasing an additional 1,994 shares during the period. Tidal Investments LLC’s holdings in Capital One Financial were worth $3,067,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Asset Management One Co. Ltd. lifted its stake in Capital One Financial by 5.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after acquiring 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 valued at about $1,649,000. Dai ichi Life Insurance Company Ltd lifted its position in shares of Capital One Financial by 36.8% in the third quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock worth $1,671,000 after purchasing an additional 3,000 shares in the last quarter. Fisher Asset Management LLC grew its position in Capital One Financial by 0.7% during the third 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 purchasing an additional 72,097 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Capital One Financial by 1.1% in the 3rd 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 buying an additional 28,541 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction on 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 sale, the insider now directly owns 44,711 shares in the company, valued at $7,153,760. This trade represents a 26.05 % decrease in their position. The transaction was disclosed in a document filed 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 dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on COF shares. Keefe, Bruyette & Woods lifted their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. The Goldman Sachs Group boosted their target price on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. upped their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and reduced their price target for the company from $203.00 to $200.00 in a report on Monday, December 9th. Finally, Royal Bank of Canada increased their price objective on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $171.50.

Capital One Financial Stock Performance

Shares of COF opened at $184.53 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Co. has a one year low of $123.23 and a one year high of $198.30. The company’s fifty day moving average price is $174.06 and its 200 day moving average price is $152.71. The company has a market capitalization of $70.40 billion, a PE ratio of 17.42, a price-to-earnings-growth ratio of 1.36 and a beta of 1.45.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The business had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter in the previous year, the firm earned $4.45 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. As a group, analysts expect that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Dividend Announcement

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

About Capital One Financial

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.