Haverford Trust Co trimmed its position in Capital One Financial Co. (NYSE:COF) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,113 shares of the financial services provider’s stock after selling 87 shares during the quarter. Haverford Trust Co’s holdings in Capital One Financial were worth $377,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its stake in shares of Capital One Financial by 4.3% during the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after buying an additional 17,825 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Capital One Financial by 4.5% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock valued at $8,234,000 after acquiring an additional 2,006 shares during the last quarter. Dai ichi Life Insurance Company Ltd lifted its stake in shares of Capital One Financial by 36.8% in the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock valued at $1,671,000 after purchasing an additional 3,000 shares during the period. Artemis Investment Management LLP bought a new position in shares of Capital One Financial in the 4th quarter worth $46,915,000. Finally, DRW Securities LLC increased its holdings in Capital One Financial by 207.5% in the third quarter. DRW Securities LLC now owns 9,606 shares of the financial services provider’s stock valued at $1,438,000 after purchasing an additional 6,482 shares during the last quarter. 89.84% of the stock is owned by institutional investors.
Capital One Financial Stock Up 0.9 %
Shares of Capital One Financial stock opened at $182.54 on Wednesday. The firm has a market cap of $69.61 billion, a PE ratio of 15.75, a P/E/G ratio of 1.19 and a beta of 1.47. The business’s 50 day simple moving average is $191.47 and its 200 day simple moving average is $177.12. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67.
Capital One Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.31%. Capital One Financial’s dividend payout ratio is 20.71%.
Wall Street Analysts Forecast Growth
COF has been the topic of a number of recent analyst reports. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Keefe, Bruyette & Woods boosted their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Evercore ISI upgraded shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price on the stock in a report on Wednesday, March 12th. Barclays boosted their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Finally, BTIG Research raised Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price objective on the stock in a research note on Tuesday. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus price target of $206.63.
View Our Latest Research Report on Capital One Financial
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.
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