Dynamic Technology Lab Private Ltd Acquires 6,866 Shares of Capital One Financial Co. (NYSE:COF)

Dynamic Technology Lab Private Ltd lifted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 238.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 9,750 shares of the financial services provider’s stock after buying an additional 6,866 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Capital One Financial were worth $1,739,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Bfsg LLC bought a new position in shares of Capital One Financial during the fourth quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Capital One Financial during the 4th quarter valued at about $27,000. TruNorth Capital Management LLC bought a new position in Capital One Financial during the 4th quarter worth approximately $29,000. Decker Retirement Planning Inc. purchased a new position in Capital One Financial in the 4th quarter worth approximately $32,000. Finally, SBI Securities Co. Ltd. bought a new stake in Capital One Financial in the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on COF. Baird R W upgraded shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 11th. Robert W. Baird raised shares of Capital One Financial from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $190.00 to $200.00 in a report on Tuesday, March 11th. Truist Financial lowered their price objective on shares of Capital One Financial from $257.00 to $215.00 and set a “buy” rating for the company in a research note on Friday, March 21st. JPMorgan Chase & Co. raised their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Finally, Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $207.80.

Capital One Financial Stock Performance

Shares of COF stock opened at $150.19 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The company’s fifty day moving average price is $187.92 and its 200-day moving average price is $178.49. The stock has a market cap of $57.29 billion, a PE ratio of 12.96, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the prior year, the company earned $2.81 earnings per share. The business’s revenue was up 7.2% compared to the same quarter last year. On average, equities analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is 20.71%.

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.