Global X Japan Co. Ltd. Buys 32,774 Shares of Capital One Financial Corporation $COF

Global X Japan Co. Ltd. increased its stake in Capital One Financial Corporation (NYSE:COF) by 958.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 36,192 shares of the financial services provider’s stock after purchasing an additional 32,774 shares during the quarter. Global X Japan Co. Ltd.’s holdings in Capital One Financial were worth $8,771,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of COF. Tompkins Financial Corp lifted its position in shares of Capital One Financial by 4.3% during the 4th quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock valued at $237,000 after buying an additional 40 shares during the last quarter. Focus Financial Network Inc. boosted its position in Capital One Financial by 2.8% during the fourth quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock worth $380,000 after purchasing an additional 43 shares during the period. Mather Group LLC. increased its stake in shares of Capital One Financial by 1.0% in the third quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock worth $965,000 after purchasing an additional 47 shares in the last quarter. Nicolet Advisory Services LLC boosted its holdings in Capital One Financial by 0.7% in the 3rd quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider’s stock worth $1,506,000 after buying an additional 48 shares during the period. Finally, Optas LLC grew its stake in Capital One Financial by 1.4% in the 3rd quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock valued at $741,000 after buying an additional 49 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Capital One Financial

In other news, insider Jason P. Hanson sold 3,729 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total value of $764,445.00. Following the completion of the sale, the insider owned 40,230 shares of the company’s stock, valued at approximately $8,247,150. The trade was a 8.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Ravi Raghu sold 13,450 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $250.00, for a total value of $3,362,500.00. Following the transaction, the insider owned 30,337 shares in the company, valued at approximately $7,584,250. The trade was a 30.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 67,933 shares of company stock valued at $14,363,897. 1.26% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on COF. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $275.00 price target on shares of Capital One Financial in a report on Monday, January 12th. TD Cowen reiterated a “buy” rating on shares of Capital One Financial in a research report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Capital One Financial from $263.00 to $256.00 and set a “hold” rating for the company in a research report on Friday, January 23rd. Wall Street Zen lowered shares of Capital One Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $300.00 price target on shares of Capital One Financial in a report on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $275.95.

Capital One Financial Stock Down 1.9%

COF stock opened at $181.80 on Friday. The company’s 50 day moving average is $204.37 and its 200 day moving average is $218.22. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44. The stock has a market cap of $113.07 billion, a price-to-earnings ratio of 61.42, a price-to-earnings-growth ratio of 0.56 and a beta of 1.14. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $259.64.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The firm had revenue of $15.62 billion during the quarter, compared to the consensus estimate of $15.49 billion. During the same period in the prior year, the company earned $2.67 EPS. The firm’s revenue was up 53.3% compared to the same quarter last year. Sell-side analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Thursday, February 19th. Capital One Financial’s dividend payout ratio (DPR) is 108.11%.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.