Vinva Investment Management Ltd Has $3.35 Million Holdings in Capital One Financial Co. (NYSE:COF)

Vinva Investment Management Ltd grew its position in Capital One Financial Co. (NYSE:COF) by 44.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,437 shares of the financial services provider’s stock after purchasing an additional 6,957 shares during the period. Vinva Investment Management Ltd’s holdings in Capital One Financial were worth $3,345,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. LRI Investments LLC acquired a new position in Capital One Financial in the 1st quarter worth about $25,000. Y.D. More Investments Ltd bought a new position in shares of Capital One Financial in the 2nd quarter valued at approximately $28,000. Hobbs Group Advisors LLC bought a new position in shares of Capital One Financial in the 2nd quarter valued at approximately $29,000. Unique Wealth Strategies LLC bought a new position in shares of Capital One Financial in the 2nd quarter valued at approximately $36,000. Finally, Catalyst Capital Advisors LLC bought a new position in shares of Capital One Financial in the 3rd quarter valued at approximately $36,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

COF has been the topic of a number of recent analyst reports. Robert W. Baird raised their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Royal Bank of Canada raised their price objective on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. Evercore ISI raised their price objective on 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. Barclays raised their price objective on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Finally, Citigroup initiated coverage on Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price target on the stock. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and a consensus target price of $160.18.

Capital One Financial Stock Down 0.1 %

COF stock opened at $191.29 on Friday. The business has a 50-day moving average of $165.78 and a 200-day moving average of $149.10. Capital One Financial Co. has a fifty-two week low of $106.14 and a fifty-two week high of $198.30. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market capitalization of $72.98 billion, a P/E ratio of 18.06, a P/E/G ratio of 1.40 and a beta of 1.43.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating 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 firm had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. During the same period in the prior year, the firm posted $4.45 earnings per share. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.25%. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the sale, the insider now owns 44,711 shares in the company, valued at $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the sale, the insider now owns 19,776 shares in the company, valued at $3,211,029.12. This represents a 9.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 29,007 shares of company stock worth $4,982,647 over the last 90 days. Company insiders own 1.30% of the company’s stock.

Capital One Financial Company 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.