Nissay Asset Management Corp Japan ADV Grows Stake in Capital One Financial Co. (NYSE:COF)

Nissay Asset Management Corp Japan ADV grew its position in shares of Capital One Financial Co. (NYSE:COF) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,375 shares of the financial services provider’s stock after purchasing an additional 248 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in Capital One Financial were worth $8,538,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bfsg LLC purchased a new position in shares of Capital One Financial during the fourth quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Capital One Financial in the fourth quarter worth approximately $27,000. TruNorth Capital Management LLC purchased a new position in shares of Capital One Financial in the 4th quarter valued at $29,000. Decker Retirement Planning Inc. bought a new position in shares of Capital One Financial in the 4th quarter worth $32,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Capital One Financial during the 4th quarter worth $32,000. 89.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on COF shares. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $190.00 to $200.00 in a report on Tuesday, March 11th. Truist Financial increased their target price on shares of Capital One Financial from $215.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, April 25th. Baird R W raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 11th. Citigroup decreased their price objective on Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a report on Monday, March 24th. Finally, BTIG Research upgraded Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 target price on the stock in a research note on Tuesday, March 25th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $207.73.

Capital One Financial Price Performance

Shares of NYSE COF opened at $197.40 on Friday. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The business’s 50 day moving average price is $175.05 and its 200 day moving average price is $183.43. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a market cap of $75.63 billion, a P/E ratio of 17.03, a P/E/G ratio of 1.19 and a beta of 1.13.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating the consensus estimate of $3.75 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.07 billion. On average, sell-side analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd will be paid a dividend of $0.60 per share. The ex-dividend date is Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. Capital One Financial’s payout ratio is currently 20.15%.

Insider Activity

In other news, insider Michael Zamsky sold 9,560 shares of the firm’s stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the sale, the insider now owns 20,089 shares of the company’s stock, valued at $4,005,746.60. This trade represents a 32.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the transaction, the director now directly owns 56,244 shares of the company’s stock, valued at approximately $11,175,682.80. This trade represents a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.26% of the company’s stock.

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.