Lingotto Investment Management LLP Makes New Investment in Capital One Financial Co. (NYSE:COF)

Lingotto Investment Management LLP bought a new position in shares of Capital One Financial Co. (NYSE:COF) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 11,100 shares of the financial services provider’s stock, valued at approximately $1,979,000.

Several other hedge funds have also modified their holdings of the stock. Bfsg LLC bought a new position in Capital One Financial in the 4th quarter worth approximately $27,000. TruNorth Capital Management LLC bought a new stake in shares of Capital One Financial during the fourth quarter worth $29,000. Decker Retirement Planning Inc. acquired a new position in shares of Capital One Financial during the fourth quarter valued at $32,000. Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial during the third quarter valued at $36,000. Finally, Creative Financial Designs Inc. ADV boosted its holdings in Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 166 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Down 3.0 %

Shares of Capital One Financial stock opened at $193.94 on Wednesday. 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 company has a market capitalization of $73.96 billion, a P/E ratio of 16.73, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The business has a 50-day moving average of $192.01 and a two-hundred day moving average of $171.88.

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

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.24%. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Keefe, Bruyette & Woods boosted their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Barclays upped their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Finally, Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Seven research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.27.

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.