Mirae Asset Global Investments Co. Ltd. Has $9.02 Million Stake in Capital One Financial Co. (NYSE:COF)

Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Capital One Financial Co. (NYSE:COF) by 20.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,508 shares of the financial services provider’s stock after acquiring an additional 8,466 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Capital One Financial were worth $9,021,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Decker Retirement Planning Inc. acquired a new position in Capital One Financial during the 4th quarter worth $32,000. Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial during the third quarter valued at about $36,000. Creative Financial Designs Inc. ADV raised its position in shares of Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after buying an additional 166 shares during the last quarter. Eastern Bank acquired a new position in shares of Capital One Financial during the third quarter valued at about $44,000. Finally, Prospera Private Wealth LLC acquired a new position in shares of Capital One Financial during the third quarter valued at about $47,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Activity

In other news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction that occurred on 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is owned by insiders.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $206.93 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $78.89 billion, a price-to-earnings ratio of 17.85, a P/E/G ratio of 1.24 and a beta of 1.47. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $208.63. The firm’s 50-day moving average price is $187.77 and its two-hundred day moving average price is $165.89.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the prior year, the firm earned $2.81 earnings per share. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, equities analysts predict that Capital One Financial Co. will post 15.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

COF has been the subject of a number of research analyst reports. Truist Financial upped their price objective on shares of Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Royal Bank of Canada upped their price objective on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Barclays upped their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods upped their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Finally, Evercore ISI upped their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Nine analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $196.31.

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.