Capital One Financial Corporation $COF Shares Purchased by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. increased its position in shares of Capital One Financial Corporation (NYSE:COF) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 223,977 shares of the financial services provider’s stock after purchasing an additional 6,225 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Capital One Financial were worth $54,283,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. VSM Wealth Advisory LLC acquired a new position in shares of Capital One Financial during the fourth quarter worth $27,000. Cherry Tree Wealth Management LLC grew its stake in shares of Capital One Financial by 1,312.5% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 105 shares in the last quarter. Olistico Wealth LLC acquired a new position in shares of Capital One Financial during the fourth quarter worth $30,000. Rakuten Securities Inc. grew its stake in shares of Capital One Financial by 550.0% during the fourth quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 110 shares in the last quarter. Finally, Strive Asset Management LLC acquired a new position in shares of Capital One Financial during the third quarter worth $28,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Activity

In other news, insider Lia Dean sold 1,692 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total value of $314,052.12. Following the completion of the sale, the insider directly owned 65,454 shares of the company’s stock, valued at approximately $12,148,916.94. This represents a 2.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of the sale, the general counsel directly owned 97,194 shares of the company’s stock, valued at $17,876,892.42. The trade was a 3.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 8,040 shares of company stock valued at $1,498,615. Insiders own 0.78% of the company’s stock.

Capital One Financial Stock Performance

NYSE COF opened at $188.06 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03. Capital One Financial Corporation has a 1 year low of $174.98 and a 1 year high of $259.64. The company has a market capitalization of $117.03 billion, a PE ratio of 65.98, a P/E/G ratio of 0.69 and a beta of 1.03. The company has a fifty day moving average of $189.11 and a two-hundred day moving average of $209.28.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The company had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. During the same quarter in the prior year, the company earned $4.06 EPS. The business’s revenue was up 52.3% on a year-over-year basis. As a group, analysts expect that Capital One Financial Corporation will post 19.14 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 19th. Capital One Financial’s dividend payout ratio is presently 112.28%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on COF. Evercore decreased their price objective on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a research note on Monday, April 6th. Morgan Stanley decreased their price objective on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a research note on Thursday, April 16th. Royal Bank Of Canada decreased their price objective on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a research note on Friday, April 10th. BTIG Research restated a “buy” rating and issued a $224.00 price objective on shares of Capital One Financial in a research note on Wednesday, April 22nd. Finally, The Goldman Sachs Group decreased their price objective on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. Seventeen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.75.

Capital One Financial Profile

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.