Tokio Marine Asset Management Co. Ltd. Increases Holdings in Capital One Financial Co. (NYSE:COF)

Tokio Marine Asset Management Co. Ltd. raised its position in Capital One Financial Co. (NYSE:COF) by 7.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,686 shares of the financial services provider’s stock after buying an additional 671 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Capital One Financial were worth $1,442,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Main Street Research LLC acquired a new stake in shares of Capital One Financial in the 1st quarter valued at about $226,000. Palisade Asset Management LLC acquired a new stake in shares of Capital One Financial in the 1st quarter valued at about $74,000. GLOBALT Investments LLC GA raised its stake in shares of Capital One Financial by 3.0% in the 1st quarter. GLOBALT Investments LLC GA now owns 5,881 shares of the financial services provider’s stock valued at $876,000 after purchasing an additional 173 shares in the last quarter. 1834 Investment Advisors Co. raised its stake in shares of Capital One Financial by 42.6% in the 1st quarter. 1834 Investment Advisors Co. now owns 6,067 shares of the financial services provider’s stock valued at $903,000 after purchasing an additional 1,811 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of Capital One Financial by 1.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 82,286 shares of the financial services provider’s stock valued at $12,252,000 after purchasing an additional 911 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price on the stock in a research note on Thursday, April 4th. Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and increased their price objective for the stock from $145.00 to $165.00 in a research note on Thursday, June 6th. Evercore ISI dropped their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research note on Tuesday, June 25th. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 3rd. Finally, Wells Fargo & Company increased their price objective on shares of Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Capital One Financial has a consensus rating of “Hold” and an average price target of $141.20.

Read Our Latest Analysis on Capital One Financial

Capital One Financial Trading Down 1.7 %

Shares of NYSE:COF opened at $136.00 on Monday. The stock has a market capitalization of $51.71 billion, a price-to-earnings ratio of 10.65, a PEG ratio of 1.08 and a beta of 1.45. Capital One Financial Co. has a 1-year low of $88.23 and a 1-year high of $149.94. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. The company has a 50 day moving average price of $138.94 and a 200 day moving average price of $137.50.

Capital One Financial (NYSE:COFGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing the consensus estimate of $3.25 by ($0.04). The firm had revenue of $9.40 billion during the quarter, compared to analysts’ expectations of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The firm’s revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the company posted $2.31 EPS. On average, research analysts anticipate that Capital One Financial Co. will post 13.35 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were given a $0.60 dividend. The ex-dividend date was Friday, May 10th. This represents a $2.40 annualized dividend and a dividend yield of 1.76%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 16,913 shares of the stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the sale, the insider now owns 47,081 shares in the company, valued at approximately $6,726,933.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Capital One Financial news, insider Celia Karam sold 16,913 shares of Capital One Financial stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the sale, the insider now owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the completion of the sale, the insider now directly owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

Capital One Financial Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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