40,856 Shares in Capital One Financial Corporation $COF Purchased by London & Capital Asset Management Ltd

London & Capital Asset Management Ltd acquired a new stake in Capital One Financial Corporation (NYSE:COF) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 40,856 shares of the financial services provider’s stock, valued at approximately $8,687,000. Capital One Financial comprises approximately 0.6% of London & Capital Asset Management Ltd’s holdings, making the stock its 29th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Howard Hughes Medical Institute acquired a new position in shares of Capital One Financial in the 2nd quarter worth approximately $29,000. Legacy Investment Solutions LLC bought a new position in Capital One Financial during the second quarter worth $30,000. Creekmur Asset Management LLC bought a new position in Capital One Financial during the second quarter worth $32,000. WFA of San Diego LLC acquired a new position in Capital One Financial in the second quarter worth $32,000. Finally, Crowley Wealth Management Inc. bought a new stake in Capital One Financial during the third quarter valued at $33,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insiders Place Their Bets

In other Capital One Financial news, insider Jason P. Hanson sold 3,729 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total transaction of $764,445.00. Following the sale, the insider directly owned 40,230 shares in the company, valued at approximately $8,247,150. The trade was a 8.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lia Dean sold 3,284 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $223.68, for a total transaction of $734,565.12. Following the completion of the sale, the insider directly owned 70,162 shares of the company’s stock, valued at approximately $15,693,836.16. This represents a 4.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 69,933 shares of company stock valued at $14,806,977. Corporate insiders own 1.26% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the topic of a number of research reports. Barclays dropped their target price on shares of Capital One Financial from $294.00 to $287.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. TD Cowen reiterated a “buy” rating on shares of Capital One Financial in a research note on Thursday, January 8th. The Goldman Sachs Group reissued a “buy” rating and issued a $300.00 target price on shares of Capital One Financial in a report on Tuesday, January 6th. Jefferies Financial Group upped their target price on Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a research report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $274.70.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $195.26 on Monday. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $259.64. The company has a market cap of $121.44 billion, a PE ratio of 65.97, a P/E/G ratio of 0.59 and a beta of 1.14. The stock has a 50 day simple moving average of $227.35 and a 200-day simple moving average of $223.03. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. During the same period last year, the firm earned $2.67 earnings per share. The company’s revenue for the quarter was up 53.3% compared to the same quarter last year. On average, equities research analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 19th will be paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Thursday, February 19th. Capital One Financial’s payout ratio is currently 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.