Bailard Inc. Increases Stock Position in Capital One Financial Co. (NYSE:COF)

Bailard Inc. boosted its stake in Capital One Financial Co. (NYSE:COF) by 1.8% during the fourth quarter, HoldingsChannel reports. The firm owned 41,003 shares of the financial services provider’s stock after buying an additional 737 shares during the period. Bailard Inc.’s holdings in Capital One Financial were worth $7,312,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bfsg LLC purchased a new stake in Capital One Financial in the fourth quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Capital One Financial in the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC purchased a new stake in Capital One Financial in the fourth quarter valued at approximately $29,000. Decker Retirement Planning Inc. purchased a new stake in Capital One Financial in the fourth quarter valued at approximately $32,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in Capital One Financial in the third quarter valued at approximately $36,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of recent research reports. Royal Bank of Canada increased their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Truist Financial increased their price target on shares of Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Finally, JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. Seven equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $202.27.

Capital One Financial Stock Performance

NYSE:COF opened at $200.57 on Friday. The stock has a market cap of $76.48 billion, a P/E ratio of 17.31, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The firm’s fifty day simple moving average is $193.32 and its 200 day simple moving average is $172.97. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last released its quarterly 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 business had revenue of $10.19 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.81 earnings per share. As a group, research analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is currently 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.