Capital One Financial Co. (NYSE:COF) Shares Purchased by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Capital One Financial Co. (NYSE:COF) by 4.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,174 shares of the financial services provider’s stock after acquiring an additional 2,006 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Capital One Financial were worth $8,234,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Money Concepts Capital Corp increased its stake in Capital One Financial by 4.1% during the 4th quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock worth $279,000 after buying an additional 61 shares during the period. Grove Bank & Trust increased its position in shares of Capital One Financial by 7.0% during the fourth quarter. Grove Bank & Trust now owns 973 shares of the financial services provider’s stock worth $174,000 after acquiring an additional 64 shares during the period. Cerro Pacific Wealth Advisors LLC raised its stake in shares of Capital One Financial by 1.1% in the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 5,861 shares of the financial services provider’s stock valued at $1,045,000 after acquiring an additional 64 shares in the last quarter. Prossimo Advisors LLC boosted its holdings in Capital One Financial by 2.4% in the third quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock valued at $410,000 after purchasing an additional 65 shares during the period. Finally, City Holding Co. grew its stake in Capital One Financial by 1.3% during the 4th quarter. City Holding Co. now owns 5,010 shares of the financial services provider’s stock worth $893,000 after purchasing an additional 65 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Down 1.7 %

COF opened at $203.13 on Friday. The firm has a market cap of $77.44 billion, a price-to-earnings ratio of 17.53, a price-to-earnings-growth ratio of 1.24 and a beta of 1.47. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $208.63. The business’s 50 day moving average is $188.08 and its two-hundred day moving average is $166.17. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.81 EPS. On average, research analysts predict that Capital One Financial Co. will post 15.44 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

Insider Buying and Selling

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the sale, the insider now directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Robert W. Baird increased their price target on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a report on Tuesday, January 14th. Truist Financial raised their price objective on shares of Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a report on Monday, January 27th. Finally, Evercore ISI boosted their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Nine research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and an average target price of $196.31.

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.