Metis Global Partners LLC Increases Stake in Capital One Financial Co. (NYSE:COF)

Metis Global Partners LLC grew its stake in shares of Capital One Financial Co. (NYSE:COF) by 0.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,849 shares of the financial services provider’s stock after purchasing an additional 89 shares during the period. Metis Global Partners LLC’s holdings in Capital One Financial were worth $2,523,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. LRI Investments LLC purchased a new position in shares of Capital One Financial during the 1st quarter worth approximately $25,000. Y.D. More Investments Ltd purchased a new stake in Capital One Financial during the second quarter valued at about $28,000. Hobbs Group Advisors LLC purchased a new position in Capital One Financial in the second quarter valued at approximately $29,000. Unique Wealth Strategies LLC purchased a new stake in Capital One Financial during the 2nd quarter worth $36,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial during the third quarter valued at approximately $36,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the transaction, the insider now owns 19,776 shares in the company, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the business’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 value of $2,005,530.66. Following the sale, the insider now owns 26,482 shares in the company, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 29,007 shares of company stock valued at $4,982,647. Company insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on COF. JPMorgan Chase & Co. lifted their price objective 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 increased their price objective 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. Evercore ISI increased their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Citigroup initiated coverage on Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 target price on the stock. Finally, Barclays boosted their price target on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $156.35.

Capital One Financial Trading Up 1.2 %

Capital One Financial stock opened at $185.12 on Friday. Capital One Financial Co. has a 1 year low of $104.21 and a 1 year high of $198.30. The firm’s 50 day moving average price is $156.81 and its two-hundred day moving average price is $146.06. The firm has a market cap of $70.62 billion, a price-to-earnings ratio of 17.48, a price-to-earnings-growth ratio of 1.38 and a beta of 1.43. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter last year, the business posted $4.45 EPS. Capital One Financial’s revenue was up 6.8% on a year-over-year basis. On average, research analysts predict that Capital One Financial Co. will post 13.46 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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