Metis Global Partners LLC Raises Holdings in Capital One Financial Co. (NYSE:COF)

Metis Global Partners LLC raised its stake in Capital One Financial Co. (NYSE:COF) by 0.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 16,849 shares of the financial services provider’s stock after purchasing an additional 89 shares during the quarter. Metis Global Partners LLC’s holdings in Capital One Financial were worth $2,523,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. LRI Investments LLC purchased a new stake in Capital One Financial in the first quarter worth about $25,000. Y.D. More Investments Ltd purchased a new stake in Capital One Financial during the 2nd quarter valued at $28,000. Hobbs Group Advisors LLC purchased a new stake in Capital One Financial in the second quarter worth approximately $29,000. Unique Wealth Strategies LLC purchased a new stake in Capital One Financial during the second quarter valued at $36,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial during the 3rd quarter valued at about $36,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling

In related news, 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 transaction, the insider now directly owns 26,482 shares in the company, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the transaction, the insider now directly owns 19,776 shares in the company, valued at $3,211,029.12. The trade was a 9.16 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is owned by insiders.

Capital One Financial Stock Up 1.2 %

Capital One Financial stock opened at $185.12 on Friday. Capital One Financial Co. has a fifty-two week low of $104.21 and a fifty-two 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. The company has a market cap of $70.62 billion, a PE ratio of 17.48, a PEG ratio of 1.38 and a beta of 1.43. The business’s 50-day simple moving average is $156.81 and its two-hundred day simple moving average is $146.06.

Capital One Financial (NYSE:COF) last posted 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 net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same period 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. Equities analysts anticipate that Capital One Financial Co. will post 13.46 EPS for the current year.

Capital One Financial Announces Dividend

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

Analysts Set New Price Targets

Several research firms have issued reports on COF. Evercore ISI boosted their price target on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Robert W. Baird increased their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Bank of America increased their price target on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Barclays increased their price target on 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, JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a report on Monday, October 7th. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $156.35.

About Capital One Financial

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.