Meiji Yasuda Asset Management Co Ltd. Acquires 215 Shares of Capital One Financial Co. (NYSE:COF)

Meiji Yasuda Asset Management Co Ltd. raised its stake in shares of Capital One Financial Co. (NYSE:COF) by 1.7% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 12,578 shares of the financial services provider’s stock after acquiring an additional 215 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in Capital One Financial were worth $1,741,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in COF. LRI Investments LLC bought a new position in Capital One Financial in the first quarter valued at about $25,000. Silicon Valley Capital Partners purchased a new stake in shares of Capital One Financial during the 1st quarter valued at about $25,000. Y.D. More Investments Ltd bought a new position in shares of Capital One Financial in the 2nd quarter worth approximately $28,000. Hobbs Group Advisors LLC purchased a new position in shares of Capital One Financial in the second quarter worth approximately $29,000. Finally, Rise Advisors LLC bought a new stake in Capital One Financial during the first quarter valued at approximately $33,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In related news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the transaction, the chief executive officer now owns 40,934 shares in the company, valued at $5,438,491.24. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the sale, the insider now directly owns 73,734 shares in the company, valued at $11,060,100. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the transaction, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Capital One Financial Trading Up 5.2 %

Shares of COF stock opened at $153.05 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $58.19 billion, a price-to-earnings ratio of 11.99, a price-to-earnings-growth ratio of 1.08 and a beta of 1.44. Capital One Financial Co. has a 12-month low of $88.23 and a 12-month high of $153.35. The stock’s 50-day moving average price is $142.28 and its 200-day moving average price is $140.76.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The firm had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. During the same period last year, the company earned $3.52 earnings per share. The firm’s revenue was up 5.5% on a year-over-year basis. Equities research analysts predict that Capital One Financial Co. will post 13.1 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were paid a $0.60 dividend. The ex-dividend date was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.57%. Capital One Financial’s payout ratio is currently 18.79%.

Wall Street Analysts Forecast Growth

COF has been the topic of several analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and set a $150.00 price target on shares of Capital One Financial in a research note on Thursday, July 25th. BTIG Research assumed coverage on Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating for the company. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a research note on Monday, July 8th. Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and boosted their price objective for the company from $145.00 to $165.00 in a research note on Thursday, June 6th. Finally, Evercore ISI decreased their target price 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. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Capital One Financial presently has an average rating of “Hold” and a consensus target price of $145.89.

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.