Nomura Holdings Inc. Takes $2.24 Million Position in Capital One Financial Co. (NYSE:COF)

Nomura Holdings Inc. acquired a new stake in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,574 shares of the financial services provider’s stock, valued at approximately $2,242,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Norden Group LLC raised its stake in shares of Capital One Financial by 2.6% during the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock valued at $358,000 after acquiring an additional 51 shares during the last quarter. Catalyst Financial Partners LLC raised its stake in shares of Capital One Financial by 3.9% during the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock valued at $255,000 after acquiring an additional 54 shares during the last quarter. Quadrant Capital Group LLC raised its stake in shares of Capital One Financial by 1.0% during the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider’s stock valued at $936,000 after acquiring an additional 54 shares during the last quarter. Gladstone Institutional Advisory LLC raised its stake in shares of Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after acquiring an additional 56 shares during the last quarter. Finally, TFB Advisors LLC raised its stake in shares of Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after acquiring an additional 59 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Citigroup decreased their price target on shares of 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. Barclays increased their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Royal Bank of Canada set a $190.00 price target on shares of Capital One Financial and gave the stock a “sector perform” rating in a research note on Monday, April 14th. BTIG Research raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target for the company in a research note on Tuesday, March 25th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Capital One Financial from $198.00 to $170.00 and set a “neutral” rating for the company in a research note on Tuesday, April 8th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $207.73.

Insider Activity

In related news, insider Michael Zamsky sold 9,560 shares of the 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 transaction, the insider now owns 20,089 shares in the company, valued at $4,005,746.60. This represents a 32.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ann F. Hackett sold 1,658 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the transaction, the director now owns 56,244 shares in the company, valued at approximately $11,175,682.80. This trade represents a 2.86% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

Shares of COF opened at $197.54 on Friday. The firm’s 50-day simple moving average is $175.69 and its two-hundred day simple moving average is $183.67. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market cap of $75.68 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating analysts’ consensus estimates of $3.75 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 billion for the quarter, compared to analysts’ expectations of $10.07 billion. Analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date is Friday, May 23rd. Capital One Financial’s payout ratio is 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.