Dynamic Technology Lab Private Ltd Buys Shares of 2,884 Capital One Financial Co. (NYSE:COF)

Dynamic Technology Lab Private Ltd bought a new stake in Capital One Financial Co. (NYSE:COF) in the third quarter, HoldingsChannel.com reports. The fund bought 2,884 shares of the financial services provider’s stock, valued at approximately $432,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Fisher Asset Management LLC boosted its stake in Capital One Financial by 0.7% in the third quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after acquiring an additional 72,097 shares during the period. Clearbridge Investments LLC boosted its position in shares of Capital One Financial by 5.5% during the second quarter. Clearbridge Investments LLC now owns 3,663,439 shares of the financial services provider’s stock worth $507,203,000 after buying an additional 189,843 shares during the period. Legal & General Group Plc boosted its position in shares of Capital One Financial by 2.5% during the second quarter. Legal & General Group Plc now owns 3,331,196 shares of the financial services provider’s stock worth $461,204,000 after buying an additional 79,908 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Capital One Financial by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,687,999 shares of the financial services provider’s stock worth $402,474,000 after buying an additional 28,541 shares during the period. Finally, AustralianSuper Pty Ltd boosted its position in shares of Capital One Financial by 0.4% during the third quarter. AustralianSuper Pty Ltd now owns 1,061,347 shares of the financial services provider’s stock worth $158,915,000 after buying an additional 4,380 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Price Performance

NYSE COF opened at $192.07 on Friday. The stock has a market capitalization of $73.28 billion, a P/E ratio of 18.14, a P/E/G ratio of 1.39 and a beta of 1.43. Capital One Financial Co. has a 1 year low of $110.18 and a 1 year high of $198.30. The business’s fifty day moving average is $166.58 and its two-hundred day moving average is $149.44. 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) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (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 company had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter in the prior year, the company earned $4.45 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. On average, research analysts forecast that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.25%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is currently 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 business’s stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the sale, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. The trade was a 26.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the transaction, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock valued at $4,982,647 in the last three months. 1.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on COF. Robert W. Baird boosted their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Evercore ISI boosted their price objective 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. Citigroup began coverage on Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price objective for the company. The Goldman Sachs Group boosted their price objective on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Finally, Barclays upped their target price on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $160.18.

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.