DRW Securities LLC Boosts Holdings in Capital One Financial Co. (NYSE:COF)

DRW Securities LLC grew its holdings in shares of Capital One Financial Co. (NYSE:COF) by 120.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 21,191 shares of the financial services provider’s stock after buying an additional 11,585 shares during the quarter. DRW Securities LLC’s holdings in Capital One Financial were worth $3,779,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of COF. Wellington Management Group LLP lifted its holdings in shares of Capital One Financial by 268.7% in the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after buying an additional 710,881 shares during the period. EP Wealth Advisors LLC acquired a new stake in shares of Capital One Financial in the 3rd quarter worth $391,000. Orion Portfolio Solutions LLC boosted its holdings in Capital One Financial by 4.3% in the third quarter. Orion Portfolio Solutions LLC now owns 15,584 shares of the financial services provider’s stock worth $2,333,000 after acquiring an additional 644 shares in the last quarter. MML Investors Services LLC grew its position in Capital One Financial by 2.1% during the 3rd quarter. MML Investors Services LLC now owns 32,628 shares of the financial services provider’s stock worth $4,885,000 after purchasing an additional 659 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd increased its position in shares of Capital One Financial by 9.0% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 13,959 shares of the financial services provider’s stock valued at $2,090,000 after acquiring an additional 1,149 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

COF has been the subject of a number of recent research reports. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a report on Tuesday, January 14th. Truist Financial dropped their price objective on shares of Capital One Financial from $257.00 to $215.00 and set a “buy” rating on the stock in a research note on Friday, March 21st. Finally, UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price target for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and an average target price of $206.73.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $151.91 on Wednesday. The business’s 50 day moving average price is $184.89 and its 200 day moving average price is $178.77. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market cap of $57.95 billion, a price-to-earnings ratio of 13.11, a PEG ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67.

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

Capital One Financial Dividend Announcement

The company also recently declared 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 1.58%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

Capital One Financial Company 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.