Mufg Securities Americas Inc. Grows Position in Capital One Financial Corporation $COF

Mufg Securities Americas Inc. boosted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 21.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,245 shares of the financial services provider’s stock after acquiring an additional 3,070 shares during the period. Mufg Securities Americas Inc.’s holdings in Capital One Financial were worth $3,666,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Mather Group LLC. increased its holdings in shares of Capital One Financial by 1.0% in the third quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock worth $965,000 after purchasing an additional 47 shares during the last quarter. Optas LLC increased its stake in Capital One Financial by 1.4% in the 3rd quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock worth $741,000 after acquiring an additional 49 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its stake in Capital One Financial by 1.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 4,450 shares of the financial services provider’s stock worth $946,000 after acquiring an additional 49 shares during the last quarter. Bridges Investment Management Inc. increased its stake in Capital One Financial by 0.4% in the 3rd quarter. Bridges Investment Management Inc. now owns 11,251 shares of the financial services provider’s stock worth $2,392,000 after acquiring an additional 49 shares during the last quarter. Finally, Culbertson A N & Co. Inc. increased its position in Capital One Financial by 0.4% in the second quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock worth $2,418,000 after purchasing an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of recent research reports. Wall Street Zen cut shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Zacks Research lowered Capital One Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Barclays reduced their price objective on Capital One Financial from $294.00 to $287.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. The Goldman Sachs Group reiterated a “buy” rating and issued a $300.00 target price on shares of Capital One Financial in a report on Tuesday, January 6th. Finally, Keefe, Bruyette & Woods boosted their target price on Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $274.70.

Capital One Financial Price Performance

COF opened at $190.69 on Tuesday. The business has a fifty day moving average of $230.60 and a 200 day moving average of $223.34. The stock has a market cap of $118.60 billion, a P/E ratio of 64.42, a PEG ratio of 0.61 and a beta of 1.14. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $259.64.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.Capital One Financial’s revenue for the quarter was up 53.3% on a year-over-year basis. During the same period in the prior year, the company earned $2.67 EPS. As a group, sell-side analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 19th will be issued a $0.80 dividend. The ex-dividend date is Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. Capital One Financial’s payout ratio is presently 108.11%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Ravi Raghu sold 13,450 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $250.00, for a total transaction of $3,362,500.00. Following the transaction, the insider directly owned 30,337 shares in the company, valued at $7,584,250. This trade represents a 30.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $250.00, for a total value of $500,000.00. Following the completion of the sale, the general counsel owned 92,486 shares of the company’s stock, valued at $23,121,500. This represents a 2.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 34,274 shares of company stock worth $8,131,054 in the last ninety days. 1.26% of the stock is owned by company insiders.

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.