AIA Group Ltd Has $891,000 Stock Position in Capital One Financial Co. (NYSE:COF)

AIA Group Ltd lessened its holdings in shares of Capital One Financial Co. (NYSE:COF) by 11.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 5,953 shares of the financial services provider’s stock after selling 760 shares during the quarter. AIA Group Ltd’s holdings in Capital One Financial were worth $891,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. raised its stake in Capital One Financial by 20.4% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 15,817 shares of the financial services provider’s stock valued at $2,355,000 after acquiring an additional 2,675 shares during the period. SG Americas Securities LLC lifted its stake in shares of Capital One Financial by 236.2% during the 1st quarter. SG Americas Securities LLC now owns 55,323 shares of the financial services provider’s stock worth $8,237,000 after buying an additional 38,870 shares during the last quarter. Wealthspire Advisors LLC boosted its holdings in shares of Capital One Financial by 2.3% during the 1st quarter. Wealthspire Advisors LLC now owns 5,179 shares of the financial services provider’s stock worth $771,000 after buying an additional 117 shares during the period. Forsta AP Fonden grew its stake in Capital One Financial by 11.6% in the 1st quarter. Forsta AP Fonden now owns 71,000 shares of the financial services provider’s stock valued at $10,571,000 after buying an additional 7,400 shares during the last quarter. Finally, Atomi Financial Group Inc. raised its holdings in Capital One Financial by 949.8% in the 1st quarter. Atomi Financial Group Inc. now owns 23,778 shares of the financial services provider’s stock valued at $3,540,000 after acquiring an additional 21,513 shares during the period. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on COF shares. 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 report on Wednesday, October 30th. Robert W. Baird upped their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday, October 7th. Royal Bank of Canada upped their price target on shares of Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. Finally, Citigroup began coverage on shares of Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. Eleven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and a consensus target price of $156.35.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares of the company’s stock, valued at $7,153,760. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, insider Frank G. LapradeIii sold 15,751 shares of the business’s stock in a transaction dated Thursday, October 17th. The stock was 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 in the company, valued at approximately $7,153,760. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the insider now owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by company insiders.

Capital One Financial Price Performance

Shares of COF stock opened at $185.20 on Friday. Capital One Financial Co. has a twelve month low of $102.63 and a twelve month high of $198.30. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The business has a fifty day simple moving average of $153.47 and a 200 day simple moving average of $144.98. The company has a market cap of $70.66 billion, a P/E ratio of 17.49, a P/E/G ratio of 1.22 and a beta of 1.43.

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 for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company posted $4.45 EPS. On average, sell-side analysts forecast that Capital One Financial Co. will post 13.17 EPS for the current fiscal year.

Capital One Financial Announces Dividend

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

Capital One Financial Company 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.