International Assets Investment Management LLC Invests $130.68 Million in Capital One Financial Co. (NYSE:COF)

International Assets Investment Management LLC bought a new stake in shares of Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 732,855 shares of the financial services provider’s stock, valued at approximately $130,683,000. Capital One Financial makes up 6.0% of International Assets Investment Management LLC’s portfolio, making the stock its 2nd largest position. International Assets Investment Management LLC owned approximately 0.19% of Capital One Financial as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial in the 2nd quarter worth approximately $28,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial during the third quarter valued at $36,000. Creative Financial Designs Inc. ADV boosted its position in shares of Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares during the period. Eastern Bank purchased a new position in Capital One Financial in the 3rd quarter worth about $44,000. Finally, Prospera Private Wealth LLC purchased a new stake in Capital One Financial during the third quarter valued at about $47,000. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on COF. Keefe, Bruyette & Woods boosted their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. JPMorgan Chase & Co. boosted their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Wells Fargo & Company increased their price objective on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Royal Bank of Canada boosted their target price on 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, Barclays raised Capital One Financial from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $158.00 to $219.00 in a research note on Monday. Ten equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $181.12.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now directly owns 26,482 shares in the company, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the company’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 $3,211,029.12. This trade represents a 9.16 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is currently owned by company insiders.

Capital One Financial Price Performance

Shares of Capital One Financial stock traded down $2.39 during mid-day trading on Wednesday, reaching $179.50. 222,809 shares of the stock were exchanged, compared to its average volume of 1,712,037. The company has a market cap of $68.48 billion, a price-to-earnings ratio of 16.95, a price-to-earnings-growth ratio of 1.36 and a beta of 1.46. Capital One Financial Co. has a fifty-two week low of $123.23 and a fifty-two week high of $198.30. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The firm has a 50-day simple moving average of $182.05 and a 200 day simple moving average of $158.00.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. During the same period in the prior year, the company posted $4.45 EPS. The company’s revenue was up 6.8% compared to the same quarter last year. On average, sell-side analysts predict that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.34%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s payout ratio is 22.66%.

About Capital One Financial

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.