Glaxis Capital Management LLC Makes New Investment in Capital One Financial Corporation $COF

Glaxis Capital Management LLC acquired a new position in shares of Capital One Financial Corporation (NYSE:COF) during the second quarter, Holdings Channel reports. The institutional investor acquired 10,000 shares of the financial services provider’s stock, valued at approximately $2,128,000. Capital One Financial accounts for 2.8% of Glaxis Capital Management LLC’s portfolio, making the stock its 10th largest holding.

Other institutional investors have also recently made changes to their positions in the company. Eagle Bay Advisors LLC increased its holdings in Capital One Financial by 3.6% in the second quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock valued at $299,000 after buying an additional 49 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. grew its position in shares of Capital One Financial by 0.3% during the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock valued at $3,532,000 after acquiring an additional 50 shares during the period. Atlantic Edge Private Wealth Management LLC increased its stake in shares of Capital One Financial by 66.7% in the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 50 shares in the last quarter. TFB Advisors LLC raised its holdings in Capital One Financial by 3.4% in the 1st quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider’s stock worth $276,000 after purchasing an additional 51 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. raised its holdings in Capital One Financial by 0.9% in the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider’s stock worth $1,097,000 after purchasing an additional 53 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

Capital One Financial stock opened at $210.74 on Friday. The company has a fifty day simple moving average of $218.70 and a 200-day simple moving average of $210.77. The firm has a market capitalization of $133.97 billion, a price-to-earnings ratio of 88.92, a PEG ratio of 0.70 and a beta of 1.19. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The firm had revenue of $15.46 billion for the quarter. On average, equities analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date is Monday, November 17th. Capital One Financial’s dividend payout ratio (DPR) is currently 135.02%.

Insider Buying and Selling

In other Capital One Financial news, CAO Timothy P. Golden sold 207 shares of the company’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total value of $44,589.87. Following the completion of the sale, the chief accounting officer directly owned 8,780 shares in the company, valued at $1,891,299.80. This represents a 2.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Neal Blinde sold 43,200 shares of the firm’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $221.83, for a total value of $9,583,056.00. Following the completion of the sale, the insider directly owned 73,020 shares of the company’s stock, valued at $16,198,026.60. This trade represents a 37.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 256,380 shares of company stock worth $57,129,478 in the last three months. Company insiders own 1.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on COF shares. Robert W. Baird raised their price objective on Capital One Financial from $245.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Barclays increased their target price on Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. HSBC boosted their price target on shares of Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a report on Thursday, October 23rd. Royal Bank Of Canada upped their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $235.00 to $237.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $261.63.

Capital One Financial 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.