Mesirow Financial Investment Management Inc. raised its holdings in Capital One Financial Co. (NYSE:COF) by 8.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,745 shares of the financial services provider’s stock after buying an additional 141 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Capital One Financial were worth $311,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the business. Edgestream Partners L.P. acquired a new position in Capital One Financial in the fourth quarter valued at approximately $633,000. Callan Family Office LLC lifted its stake in Capital One Financial by 639.7% in the fourth quarter. Callan Family Office LLC now owns 23,669 shares of the financial services provider’s stock valued at $4,221,000 after buying an additional 20,469 shares during the period. Candriam S.C.A. lifted its stake in Capital One Financial by 12.4% in the fourth quarter. Candriam S.C.A. now owns 38,510 shares of the financial services provider’s stock valued at $6,867,000 after buying an additional 4,248 shares during the period. Vestmark Advisory Solutions Inc. acquired a new position in Capital One Financial in the fourth quarter valued at approximately $655,000. Finally, Raymond James Financial Inc. acquired a new position in Capital One Financial in the fourth quarter valued at approximately $115,091,000. 89.84% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on the company. Keefe, Bruyette & Woods boosted their price target on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Barclays boosted their price objective on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Finally, Argus upgraded Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Seven equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $202.27.
Capital One Financial Trading Down 1.8 %
Shares of Capital One Financial stock opened at $173.00 on Monday. The stock has a fifty day simple moving average of $193.50 and a 200 day simple moving average of $174.75. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The company has a market capitalization of $65.97 billion, a P/E ratio of 14.93, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.
Capital One Financial (NYSE:COF – Get Free Report) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion during 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 business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.81 EPS. On average, sell-side analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.
Capital One Financial Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.39%. Capital One Financial’s dividend payout ratio (DPR) is presently 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.
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