Global X Japan Co. Ltd. Has $8.77 Million Stock Holdings in Capital One Financial Corporation $COF

Global X Japan Co. Ltd. grew its stake in shares of Capital One Financial Corporation (NYSE:COF) by 958.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 36,192 shares of the financial services provider’s stock after buying an additional 32,774 shares during the quarter. Global X Japan Co. Ltd.’s holdings in Capital One Financial were worth $8,771,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of COF. Vanguard Group Inc. increased its holdings in Capital One Financial by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 56,537,167 shares of the financial services provider’s stock worth $12,018,671,000 after purchasing an additional 156,254 shares in the last quarter. State Street Corp boosted its position in Capital One Financial by 63.4% during the 2nd quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock worth $5,910,500,000 after buying an additional 10,776,843 shares during the period. Franklin Resources Inc. raised its stake in shares of Capital One Financial by 12.8% during the third quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock valued at $2,516,587,000 after acquiring an additional 1,339,215 shares during the last quarter. Capital Research Global Investors increased its holdings in Capital One Financial by 3.7% in the third quarter. Capital Research Global Investors now owns 8,426,060 shares of the financial services provider’s stock valued at $1,791,264,000 after purchasing an additional 302,733 shares during the period. Finally, Norges Bank acquired a new position in Capital One Financial during the 2nd quarter worth about $1,701,511,000. 89.84% of the stock is currently owned by institutional investors.

Insider Transactions at Capital One Financial

In related news, insider Neal Blinde sold 38,135 shares of Capital One Financial stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the sale, the insider directly owned 33,551 shares in the company, valued at approximately $6,391,801.01. This trade represents a 53.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $250.00, for a total value of $500,000.00. Following the completion of the transaction, the general counsel owned 92,486 shares of the company’s stock, valued at $23,121,500. This trade represents a 2.12% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 67,933 shares of company stock worth $14,363,897. Company insiders own 1.26% of the company’s stock.

Capital One Financial Trading Down 1.9%

NYSE COF opened at $181.80 on Friday. The business has a 50 day moving average price of $204.37 and a 200-day moving average price of $218.22. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $259.64. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. The company has a market cap of $113.07 billion, a price-to-earnings ratio of 61.42, a P/E/G ratio of 0.56 and a beta of 1.14.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). The business had revenue of $15.62 billion during the quarter, compared to the consensus estimate of $15.49 billion. Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The firm’s quarterly revenue was up 53.3% on a year-over-year basis. During the same period last year, the business posted $2.67 earnings per share. As a group, equities analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 19th were issued a dividend of $0.80 per share. The ex-dividend date was Thursday, February 19th. This represents a $3.20 annualized dividend and a yield of 1.8%. Capital One Financial’s payout ratio is 108.11%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group reissued a “buy” rating and issued a $300.00 price target on shares of Capital One Financial in a research note on Tuesday, January 6th. Wells Fargo & Company boosted their price target on shares of Capital One Financial from $265.00 to $280.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Morgan Stanley upped their price target on shares of Capital One Financial from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $275.00 price objective on shares of Capital One Financial in a research note on Monday, January 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $275.95.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.