WINTON GROUP Ltd purchased a new position in shares of Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,658 shares of the financial services provider’s stock, valued at approximately $296,000.
Other hedge funds have also recently modified their holdings of the company. Principal Financial Group Inc. lifted its position in shares of Capital One Financial by 4.3% during the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock valued at $64,482,000 after buying an additional 17,825 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Capital One Financial by 4.5% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock worth $8,234,000 after purchasing an additional 2,006 shares in the last quarter. Artemis Investment Management LLP bought a new stake in shares of Capital One Financial during the 4th quarter valued at $46,915,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Capital One Financial by 9.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 250,696 shares of the financial services provider’s stock valued at $44,704,000 after buying an additional 22,063 shares in the last quarter. Finally, Fifth Third Bancorp boosted its holdings in Capital One Financial by 22.9% in the 4th quarter. Fifth Third Bancorp now owns 27,390 shares of the financial services provider’s stock worth $4,884,000 after buying an additional 5,101 shares during the period. Institutional investors own 89.84% of the company’s stock.
Wall Street Analysts Forecast Growth
COF has been the topic of a number of recent analyst reports. Citigroup decreased their price target on Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, March 24th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” 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 for the company in a research report on Wednesday, March 12th. Finally, Truist Financial reduced their price target on shares of Capital One Financial from $257.00 to $215.00 and set a “buy” rating on the stock in a report on Friday, March 21st. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and an average target price of $206.63.
Capital One Financial Trading Down 2.7 %
Shares of NYSE COF opened at $173.32 on Monday. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The business’s 50 day moving average is $190.70 and its two-hundred day moving average is $177.92. The stock has a market capitalization of $66.09 billion, a P/E ratio of 14.95, a PEG ratio of 1.19 and a beta of 1.47.
Capital One Financial (NYSE:COF – Get Free Report) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.81 EPS. As a group, research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.
Capital One Financial Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.38%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.
Capital One Financial Profile
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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