FUKOKU MUTUAL LIFE INSURANCE Co Purchases 812 Shares of Capital One Financial Corporation $COF

FUKOKU MUTUAL LIFE INSURANCE Co boosted its position in shares of Capital One Financial Corporation (NYSE:COF) by 39.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 2,864 shares of the financial services provider’s stock after buying an additional 812 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Capital One Financial were worth $609,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WPG Advisers LLC bought a new position in shares of Capital One Financial in the first quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC increased its holdings in Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 62 shares in the last quarter. Olistico Wealth LLC increased its holdings in Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 101 shares in the last quarter. Saudi Central Bank bought a new position in Capital One Financial in the 1st quarter valued at $27,000. Finally, RMG Wealth Management LLC acquired a new position in Capital One Financial in the second quarter worth $27,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently issued reports on COF. Zacks Research raised Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Friday, October 24th. Robert W. Baird raised their price objective on shares of Capital One Financial from $245.00 to $270.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Evercore ISI boosted their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 30th. The Goldman Sachs Group increased their price target on shares of Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Finally, TD Cowen raised their price target on shares of Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a report on Monday, October 6th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.

Capital One Financial Stock Up 1.1%

Shares of NYSE COF opened at $202.15 on Thursday. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $232.45. The firm’s 50-day moving average is $217.46 and its 200-day moving average is $211.35. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $128.51 billion, a PE ratio of 85.29, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19.

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 business had revenue of $15.46 billion during the quarter. Equities analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current 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. The ex-dividend date is Monday, November 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio is 135.02%.

Insider Buying and Selling

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $219.41, for a total transaction of $438,820.00. Following the transaction, the general counsel owned 96,486 shares in the company, valued at approximately $21,169,993.26. This trade represents a 2.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Neal Blinde sold 43,200 shares of the business’s stock in a transaction dated 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 transaction, the insider owned 73,020 shares of the company’s stock, valued at $16,198,026.60. The trade was a 37.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 274,013 shares of company stock valued at $61,045,903 in the last three months. 1.26% of the stock is currently owned by company insiders.

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.