AIA Group Ltd Increases Stock Holdings in Capital One Financial Co. (NYSE:COF)

AIA Group Ltd increased its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 73.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,334 shares of the financial services provider's stock after purchasing an additional 4,381 shares during the quarter. AIA Group Ltd's holdings in Capital One Financial were worth $1,843,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Norden Group LLC lifted its position in shares of Capital One Financial by 2.6% during the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock worth $358,000 after purchasing an additional 51 shares during the last quarter. Catalyst Financial Partners LLC raised its position in shares of Capital One Financial by 3.9% during the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock worth $255,000 after acquiring an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC lifted its stake in Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock worth $317,000 after purchasing an additional 56 shares during the last quarter. TFB Advisors LLC boosted its holdings in Capital One Financial by 4.1% in the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock valued at $265,000 after purchasing an additional 59 shares in the last quarter. Finally, Money Concepts Capital Corp boosted its holdings in Capital One Financial by 4.1% in the fourth quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider's stock valued at $279,000 after purchasing an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

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Capital One Financial Price Performance

NYSE:COF traded up $4.05 during mid-day trading on Wednesday, hitting $182.27. 3,577,290 shares of the company's stock traded hands, compared to its average volume of 2,856,577. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The company has a market cap of $69.50 billion, a PE ratio of 15.73, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. 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 firm's 50 day simple moving average is $189.78 and its 200 day simple moving average is $178.52.

Capital One Financial (NYSE:COF - Get Free Report) 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 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 company's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.81 EPS. Sell-side analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.32%. Capital One Financial's dividend payout ratio (DPR) is presently 20.71%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on COF. Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their price target for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Hsbc Global Res raised Capital One Financial from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 14th. Barclays raised their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 22nd. Truist Financial cut their price target on Capital One Financial from $257.00 to $215.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. Finally, Citigroup decreased their price objective on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a report on Monday, March 24th. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $206.63.

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.