Capital One Financial Corp. (COF) Holdings Boosted by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. grew its holdings in shares of Capital One Financial Corp. (NYSE:COF) by 7.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,787 shares of the financial services provider’s stock after purchasing an additional 1,245 shares during the period. Daiwa Securities Group Inc.’s holdings in Capital One Financial were worth $1,689,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in COF. Farmers National Bank purchased a new stake in shares of Capital One Financial during the 2nd quarter worth approximately $102,000. Integrated Investment Consultants LLC purchased a new stake in shares of Capital One Financial during the 2nd quarter worth approximately $108,000. Kaizen Advisory LLC boosted its stake in shares of Capital One Financial by 161.0% during the 2nd quarter. Kaizen Advisory LLC now owns 1,198 shares of the financial services provider’s stock worth $110,000 after acquiring an additional 739 shares in the last quarter. Sun Life Financial INC boosted its stake in shares of Capital One Financial by 518.3% during the 2nd quarter. Sun Life Financial INC now owns 1,317 shares of the financial services provider’s stock worth $121,000 after acquiring an additional 1,104 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of Capital One Financial by 87.5% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,500 shares of the financial services provider’s stock worth $138,000 after acquiring an additional 700 shares in the last quarter. Institutional investors own 88.50% of the company’s stock.

COF stock opened at $90.40 on Friday. Capital One Financial Corp. has a 1 year low of $84.94 and a 1 year high of $106.50. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market capitalization of $43.04 billion, a P/E ratio of 8.56, a P/E/G ratio of 0.73 and a beta of 1.27.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, October 23rd. The financial services provider reported $3.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $0.23. Capital One Financial had a return on equity of 11.01% and a net margin of 11.84%. The firm had revenue of $6.96 billion for the quarter, compared to analyst estimates of $6.88 billion. During the same quarter in the prior year, the company earned $2.42 EPS. Capital One Financial’s revenue was down .3% on a year-over-year basis. Analysts expect that Capital One Financial Corp. will post 11.38 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 23rd. Investors of record on Monday, November 12th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date is Thursday, November 8th. Capital One Financial’s payout ratio is currently 20.54%.

Several equities research analysts have recently commented on the company. Zacks Investment Research raised Capital One Financial from a “hold” rating to a “buy” rating and set a $99.00 price target on the stock in a research note on Friday, October 26th. Nomura decreased their price target on Capital One Financial from $109.00 to $98.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 24th. Citigroup decreased their price target on Capital One Financial from $110.00 to $105.00 and set a “buy” rating on the stock in a research note on Thursday, November 1st. Oppenheimer set a $101.00 price target on Capital One Financial and gave the stock a “buy” rating in a research note on Tuesday, October 23rd. Finally, Wells Fargo & Co decreased their price target on Capital One Financial from $110.00 to $103.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 24th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $109.33.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by WKRB News and is the property of of WKRB News. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright laws. The legal version of this piece of content can be read at https://www.wkrb13.com/2018/11/11/capital-one-financial-corp-cof-holdings-boosted-by-daiwa-securities-group-inc.html.

Capital One Financial Profile

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

Read More: Tariff

Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corp. (NYSE:COF).

Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply