Swedbank AB lifted its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 13.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 68,244 shares of the financial services provider's stock after purchasing an additional 8,074 shares during the quarter. Swedbank AB's holdings in Capital One Financial were worth $10,218,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the stock. Asset Management One Co. Ltd. lifted its holdings in shares of Capital One Financial by 5.3% in the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider's stock worth $21,976,000 after buying an additional 7,331 shares in the last quarter. CWA Asset Management Group LLC purchased a new stake in shares of Capital One Financial during the 3rd quarter valued at $1,649,000. Clear Harbor Asset Management LLC purchased a new stake in shares of Capital One Financial during the 2nd quarter valued at $511,000. QRG Capital Management Inc. grew its position in Capital One Financial by 3.2% in the second quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider's stock worth $16,927,000 after acquiring an additional 3,776 shares in the last quarter. Finally, Cetera Advisors LLC increased its stake in Capital One Financial by 114.0% in the first quarter. Cetera Advisors LLC now owns 7,948 shares of the financial services provider's stock valued at $1,183,000 after acquiring an additional 4,234 shares during the last quarter. Institutional investors own 89.84% of the company's stock.
COF opened at $191.50 on Wednesday. The stock has a market capitalization of $73.06 billion, a PE ratio of 18.08, a price-to-earnings-growth ratio of 1.36 and a beta of 1.43. The stock's 50 day moving average price is $164.10 and its 200-day moving average price is $148.50. Capital One Financial Co. has a 52-week low of $105.43 and a 52-week high of $198.30. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00.
Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the previous year, the firm posted $4.45 EPS. The company's revenue for the quarter was up 6.8% compared to the same quarter last year. On average, equities research analysts predict that Capital One Financial Co. will post 13.54 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date was Thursday, November 14th. Capital One Financial's payout ratio is presently 22.66%.
In other 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 value of $133,190.33. Following the sale, the insider now directly owns 12,929 shares of the company's stock, valued at $2,388,374.17. The trade was a 5.28 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the company's stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. The trade was a 28.47 % 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 ninety days. 1.30% of the stock is owned by corporate insiders.
Several brokerages have issued reports on COF. Evercore ISI lifted their price target on 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. Robert W. Baird upped their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a research note on Friday, October 25th. JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a "neutral" rating in a research note on Monday, October 7th. Barclays boosted their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Finally, Royal Bank of Canada lifted their target price on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research report on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Capital One Financial presently has an average rating of "Hold" and an average price target of $160.18.
Check Out Our Latest Stock Analysis on COF
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.
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