Baldwin Investment Management LLC Increases Stock Holdings in Capital One Financial Co. (NYSE:COF)

Baldwin Investment Management LLC grew its holdings in Capital One Financial Co. (NYSE:COF) by 0.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,215 shares of the financial services provider’s stock after acquiring an additional 70 shares during the quarter. Baldwin Investment Management LLC’s holdings in Capital One Financial were worth $1,829,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. FMR LLC grew its holdings in shares of Capital One Financial by 21.4% during the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after buying an additional 1,169,395 shares during the last quarter. Eminence Capital LP purchased a new position in shares of Capital One Financial in the second quarter worth about $127,465,000. International Assets Investment Management LLC lifted its holdings in shares of Capital One Financial by 123.4% during the second quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider’s stock worth $107,016,000 after purchasing an additional 427,000 shares during the period. Assenagon Asset Management S.A. increased its holdings in Capital One Financial by 1,518.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 412,355 shares of the financial services provider’s stock worth $61,742,000 after buying an additional 386,870 shares during the period. Finally, SG Americas Securities LLC raised its position in Capital One Financial by 501.4% during the 2nd quarter. SG Americas Securities LLC now owns 332,700 shares of the financial services provider’s stock worth $46,062,000 after buying an additional 277,377 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insiders Place Their Bets

In related news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. This trade represents a 26.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the transaction, the insider now owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,007 shares of company stock valued at $4,982,647 over the last ninety days. Company insiders own 1.30% of the company’s stock.

Capital One Financial Stock Down 0.2 %

NYSE COF opened at $191.50 on Wednesday. The business has a fifty day moving average price of $164.10 and a 200 day moving average price of $148.50. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $73.06 billion, a P/E ratio of 18.08, a P/E/G ratio of 1.40 and a beta of 1.43. Capital One Financial Co. has a one year low of $105.43 and a one year high of $198.30.

Capital One Financial (NYSE:COF) last issued its earnings results 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 return on equity of 9.00% and a net margin of 8.80%. The business had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same period in the previous year, the firm posted $4.45 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Research analysts anticipate that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.25%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s payout ratio is currently 22.66%.

Analyst Ratings Changes

A number of analysts have recently weighed in on COF shares. Citigroup began coverage on shares of Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective on the stock. Royal Bank of Canada upped their target price on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Evercore ISI lifted their price target on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Barclays boosted their price target on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Finally, The Goldman Sachs Group raised their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Eleven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $160.18.

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.