Catalyst Capital Advisors LLC Makes New Investment in Capital One Financial Co. (NYSE:COF)

Catalyst Capital Advisors LLC purchased a new position in shares of Capital One Financial Co. (NYSE:COF) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 240 shares of the financial services provider’s stock, valued at approximately $36,000.

Other large investors also recently bought and sold shares of the company. Asset Management One Co. Ltd. raised its stake in Capital One Financial by 5.3% during the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after purchasing an additional 7,331 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in shares of Capital One Financial by 21.4% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock worth $4,093,000 after acquiring an additional 4,840 shares in the last quarter. Twin Tree Management LP increased its position in shares of Capital One Financial by 5.6% in the first quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock worth $10,200,000 after acquiring an additional 3,609 shares in the last quarter. Clear Harbor Asset Management LLC acquired a new stake in shares of Capital One Financial in the second quarter worth $511,000. Finally, QRG Capital Management Inc. increased its position in shares of Capital One Financial by 3.2% in the second quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider’s stock worth $16,927,000 after acquiring an additional 3,776 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Bank of America increased their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Citigroup assumed coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. Barclays increased their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. JPMorgan Chase & Co. raised their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a report on Monday, October 7th. Finally, Royal Bank of Canada raised their price target on shares of Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $156.35.

Insider Transactions at Capital One Financial

In other news, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the transaction, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.30% of the company’s stock.

Capital One Financial Price Performance

Shares of COF stock opened at $190.89 on Thursday. The firm has a market cap of $72.83 billion, a P/E ratio of 18.03, a P/E/G ratio of 1.24 and a beta of 1.43. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial Co. has a 1-year low of $102.63 and a 1-year high of $198.30. The firm has a fifty day moving average of $151.92 and a two-hundred day moving average of $144.43.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $9.88 billion. During the same period last year, the business earned $4.45 EPS. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. As a group, research analysts anticipate that Capital One Financial Co. will post 13.17 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

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 given a $0.60 dividend. 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 1.26%. Capital One Financial’s payout ratio is currently 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.