Capital One Financial Corp. (COF) Shares Sold by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. lessened its stake in Capital One Financial Corp. (NYSE:COF) by 49.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,314 shares of the financial services provider’s stock after selling 14,110 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Capital One Financial were worth $1,425,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Linscomb & Williams Inc. boosted its holdings in shares of Capital One Financial by 1.1% in the second quarter. Linscomb & Williams Inc. now owns 2,953 shares of the financial services provider’s stock valued at $244,000 after buying an additional 33 shares during the period. Advisor Partners LLC boosted its holdings in shares of Capital One Financial by 5.3% in the fourth quarter. Advisor Partners LLC now owns 9,885 shares of the financial services provider’s stock valued at $1,032,000 after buying an additional 495 shares during the period. E&G Advisors LP boosted its holdings in shares of Capital One Financial by 13.4% in the fourth quarter. E&G Advisors LP now owns 4,244 shares of the financial services provider’s stock valued at $423,000 after buying an additional 500 shares during the period. Timber Creek Capital Management LLC boosted its holdings in shares of Capital One Financial by 1.0% in the fourth quarter. Timber Creek Capital Management LLC now owns 51,500 shares of the financial services provider’s stock valued at $5,128,000 after buying an additional 520 shares during the period. Finally, Kalos Management Inc. boosted its holdings in shares of Capital One Financial by 9.9% in the second quarter. Kalos Management Inc. now owns 5,778 shares of the financial services provider’s stock valued at $477,000 after buying an additional 521 shares during the period. Institutional investors own 88.87% of the company’s stock.

Shares of Capital One Financial Corp. (COF) opened at $98.12 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The company has a market cap of $47,792.62, a price-to-earnings ratio of 28.44, a PEG ratio of 0.90 and a beta of 1.33. Capital One Financial Corp. has a 1 year low of $76.05 and a 1 year high of $106.50.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 23rd. The financial services provider reported $1.62 EPS for the quarter, missing the Zacks’ consensus estimate of $1.85 by ($0.23). Capital One Financial had a return on equity of 8.36% and a net margin of 6.89%. The business had revenue of $7 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the prior year, the firm earned $1.45 EPS. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. research analysts forecast that Capital One Financial Corp. will post 9.72 EPS for the current year.

Capital One Financial announced that its board has initiated a stock buyback program on Tuesday, December 26th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its stock is undervalued.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Monday, February 12th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.63%. The ex-dividend date is Friday, February 9th. Capital One Financial’s dividend payout ratio (DPR) is currently 46.38%.

In other Capital One Financial news, insider Yajnik Sanjiv sold 156,278 shares of the company’s stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $100.00, for a total transaction of $15,627,800.00. Following the sale, the insider now directly owns 199,216 shares of the company’s stock, valued at $19,921,600. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert M. Alexander sold 5,000 shares of the company’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $92.18, for a total transaction of $460,900.00. Following the sale, the insider now directly owns 89,603 shares in the company, valued at $8,259,604.54. The disclosure for this sale can be found here. Insiders have sold 954,948 shares of company stock worth $97,433,019 over the last ninety days. Insiders own 1.73% of the company’s stock.

Several research analysts have recently weighed in on the stock. BMO Capital Markets reiterated an “outperform” rating and issued a $140.00 price target on shares of Capital One Financial in a report on Wednesday, January 24th. Wells Fargo & Co reiterated an “outperform” rating and issued a $117.00 price target (up previously from $112.00) on shares of Capital One Financial in a report on Wednesday, January 24th. Credit Suisse Group upped their price target on shares of Capital One Financial from $106.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday, January 24th. Buckingham Research upped their price target on shares of Capital One Financial from $110.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, January 24th. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $110.00 price target on shares of Capital One Financial in a report on Wednesday, January 24th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have issued a buy rating to the company’s stock. Capital One Financial presently has an average rating of “Hold” and a consensus price target of $106.14.

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About Capital One Financial

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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)

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