50,000 Shares in Capital One Financial Co. (NYSE:COF) Purchased by Callodine Capital Management LP

Callodine Capital Management LP purchased a new stake in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, Holdings Channel.com reports. The firm purchased 50,000 shares of the financial services provider’s stock, valued at approximately $8,916,000. Capital One Financial makes up approximately 1.8% of Callodine Capital Management LP’s investment portfolio, making the stock its 21st biggest holding.

A number of other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Capital One Financial in the fourth quarter valued at $590,279,000. Egerton Capital UK LLP bought a new position in Capital One Financial during the fourth quarter valued at $279,159,000. FMR LLC lifted its position in Capital One Financial by 21.6% during the fourth quarter. FMR LLC now owns 8,077,886 shares of the financial services provider’s stock valued at $1,440,449,000 after purchasing an additional 1,436,935 shares during the last quarter. Invesco Ltd. grew its stake in shares of Capital One Financial by 38.7% in the 4th quarter. Invesco Ltd. now owns 4,117,444 shares of the financial services provider’s stock worth $734,223,000 after buying an additional 1,148,443 shares in the last quarter. Finally, Marshall Wace LLP increased its holdings in shares of Capital One Financial by 376.1% in the 4th quarter. Marshall Wace LLP now owns 1,238,883 shares of the financial services provider’s stock worth $220,918,000 after buying an additional 978,670 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 11th. Wells Fargo & Company lifted their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a research note on Tuesday, January 14th. Finally, Evercore ISI raised shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price on the stock in a research note on Wednesday, March 12th. Four investment 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 company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $206.07.

Capital One Financial Stock Up 1.7 %

Shares of NYSE COF opened at $162.77 on Friday. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The firm has a market capitalization of $62.09 billion, a price-to-earnings ratio of 14.04, a PEG ratio of 1.19 and a beta of 1.24. The stock has a 50 day moving average price of $178.90 and a 200 day moving average price of $179.28. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

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

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.47%. Capital One Financial’s payout ratio 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.