Y Intercept Hong Kong Ltd Acquires 1,149 Shares of Capital One Financial Co. (NYSE:COF)

Y Intercept Hong Kong Ltd raised its stake in shares of Capital One Financial Co. (NYSE:COF) by 9.0% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 13,959 shares of the financial services provider’s stock after acquiring an additional 1,149 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Capital One Financial were worth $2,090,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC raised its stake in Capital One Financial by 20.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,724 shares of the financial services provider’s stock valued at $931,000 after buying an additional 1,142 shares during the last quarter. Cooper Financial Group bought a new position in Capital One Financial in the second quarter valued at about $335,000. Wedmont Private Capital boosted its position in Capital One Financial by 12.7% in the second quarter. Wedmont Private Capital now owns 5,362 shares of the financial services provider’s stock worth $742,000 after purchasing an additional 604 shares during the last quarter. M&G Plc bought a new stake in shares of Capital One Financial during the 2nd quarter valued at about $9,183,000. Finally, Diversified Trust Co increased its position in shares of Capital One Financial by 11.1% during the 2nd quarter. Diversified Trust Co now owns 17,762 shares of the financial services provider’s stock valued at $2,459,000 after purchasing an additional 1,777 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling

In other Capital One Financial news, insider Kara West sold 721 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Frank G. LapradeIii sold 15,751 shares of the company’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 completion of the transaction, 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 disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,007 shares of company stock worth $4,982,647. Insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on COF shares. Bank of America lowered shares of Capital One Financial from a “buy” rating to a “neutral” rating and cut their target price for the company from $203.00 to $200.00 in a research report on Monday. Royal Bank of Canada boosted their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. Keefe, Bruyette & Woods raised their target price on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday. Barclays lifted their target price on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 8th. Finally, Evercore ISI upped their price target on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Twelve research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $168.47.

Capital One Financial Stock Performance

COF opened at $184.78 on Tuesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market capitalization of $70.50 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 1.37 and a beta of 1.45. The company has a fifty day moving average of $171.11 and a 200 day moving average of $151.48. Capital One Financial Co. has a fifty-two week low of $117.13 and a fifty-two week high of $198.30.

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

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

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.